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Questions?

Contact the Indiana Law Financial Aid Office
Phone: (812) 855-7746
E-mail: iulawfa [at] indiana [dot] edu

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Doctor of Jurisprudence (JD)

Financial Overview

Financial Assistance

If you need help financing your law school education, there are three approaches to consider: scholarships, federal loans, and private loans.

Scholarships and Fellowships

Indiana Law offers assistance through scholarship and fellowship programs. We do not require a separate application for scholarships and/or fellowships. Because the majority of our scholarship money is merit-based, we use your application for admission, LSDAS report, personal statement, and letters of recommendation to determine the level of scholarship, if any. Scholarship decisions are usually communicated with the acceptance letter.

Along with the scholarships mentioned above, we also have established partnership Scholar Programs with a number of undergraduate institutions.  Admitted applicants are eligible for these programs if they are current students or alumni from Dartmouth College, Grinnell College, Knox College, Princeton University, Vassar College, or Wabash College as well as from engineering programs at Georgia Institute of Technology, Purdue University, and Rose-Hulman Institute of Technology.  There is no separate application, and admitted students will be nominated in collaboration with the admissions office and the appropriate undergraduate institution.  These awards also include participation in a mentorship program.

For more detailed information about Indiana Law’s scholarships and fellowships, please contact the Office of Admissions at lawadmis [at] indiana [dot] edu or call (812) 855-4765.

You may also wish to explore external scholarship opportunities, to assist in funding your legal education.

The school does not award scholarships that are conditional on law school academic performance; therefore we do not post an ABA conditional scholarship retention worksheet.

Federal Assistance

To qualify for federal student aid which for law students includes Stafford, PLUS, and Perkins Loans, you must meet all of the following criteria:

  • Be a citizen or eligible non-citizen of the United States with a valid Social Security Number.
  • Be enrolled at least half-time in an eligible program as a regular student seeking a degree.
  • Have repaid any financial aid for which you were not eligible.
  • Have made satisfactory arrangements to pay off any defaulted student loan.

If your ability to attend law school is contingent upon borrowing more than the $20,500 per year through the Federal Direct Unsubsidized Loan Program, it is critical that you have the good credit required to receive funds through the Federal Direct Graduate PLUS Loan or another private loan program.

Learn about Indiana Law’s Loan Repayment Assistance Program (LRAP).

Private Loans

If you have exhausted your eligibility for Federal Direct loans or are ineligible for a Grad PLUS loan and need supplemental funding, a private educational loan program may be available to you to help finance your education.

 
Budget/Cost of Attendance of Your Legal Education
Student Budget for 2014-2015 — University Maximum
  Indiana Resident Non-Indiana Resident
Tuition (Flat rate) $29,820 $48,626
Mandatory Fees $1,301 $1,301
Books and Supplies* $1,800 $1,800
Estimated Direct Costs $32,921 $51,727
Room and Board* $13,396 $13,396
Transportation* $3,328 $3,328
Personal* $4,588 $4,588
Total Estimated Budget $54,233 $73,039

*These averages and costs vary by student based on student choice and travel habits.

Of course, determining how much you need to borrow is important.  To that end, we have provided our recommended student budget below.

Student Budget for 2014-2015 — Recommended
  Indiana Resident Non-Indiana Resident
Tuition (Flat rate) $29,820 $48,626
Mandatory Fees $1,301 $1,301
Books and Supplies* $1,800 $1,800
Estimated Direct Costs $32,921 $51,727
Room and Board* $6,696 $6,696
Transportation* $1,620 $1,620
Personal* $2,484 $2,484
Total Estimated Budget $43,721 $62,527

*These averages and costs vary by student, based on student choice and travel habits.

While Indiana Law requires that new students have a laptop computer, that requirement does not mean that you must purchase a new machine as you prepare to begin class. If you do purchase a new computer for law school, that expense (up to $2,000) can be added to your budget by completing the Special Conditions Form and submitting it, along with documentation of the cost to the Director of Financial Aid at iulawfa [at] indiana [dot] edu.

Living Allowance

Your budget includes a living allowance (room/board, transportation, personal) for the 9 months of the academic year, but you determine the amount that is needed.

Many students find that they can live comfortably on about $1,200 or less per month. That would mean that you would want to increase the direct costs by about $10,800 ($1,200 X 9 months) when determining your total costs for the first year of law school.

In considering your monthly expenses, you will want to review your prior educational experiences. In addition to your rent and food, analyze carefully what you spend on entertainment, clothes, dining out, and so on. Do not forget to include car payments, car and health insurance, anticipated car repairs, trips home, and any existing credit card debt.

In order to accommodate those students who have unusually high living expenses resulting from supporting a family or other unusual circumstances, we allow a maximum of up to $2,368 per month. That would mean that you could increase the direct costs by up to $21,312 ($2,368 X 9 months) when determining your total costs for the first year of law school.

Reminder: We will use a budget that includes the maximum living allowance of $21,312 (minus other resources) when determining your eligibility for Federal Financial Aid Programs, but your actual budget may be substantially less. It is imperative that you plan on being able to live on approximately $2,368 or less per month, while enrolled.