Question by Paul: How much money is generally available in law school grants?
I want to attend law school next fall, and my household income (married couple no kids) was less than $ 20,000, so I would think I should be eligible for something. How much money in grants is usually available based on income level?
Best answer:
Answer by altaira_3
None. Once you’ve earned a bachelor’s degree, you are no longer eligible for federal grant money.
There might be some scholarships that you could apply for from your school, but government aid will be in the form of loans.
The good news is that you will be eligible to borrow much more from the stafford loan program than you would be as an undergrad.
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Tags: Available, generally, grants, Money, much, School
Free federal money (grants) is only available for students pursuing their first bachelor’s degree. As far as other aid, you should be eligible for $ 8,500 (the maximum amount) in subsidized loans (the government pays your interest until 6 months after graduation) and then low-interest Stafford loans.
A lot of schools offer merit based, and sometimes need based, scholarships to incoming students. It would be worth talking to the admissions office about 1L scholarships, and to the financial aid office about financing options if you decide you really want to go to law school.
Keep in mind that full-time first year students are not permitted to work (which is an ABA requirement), so you may need to take that into consideration. (You will probably qualify for work-study; which is the only type of employment you are permitted to have.)
Good luck!