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Return to Applying to Law School
LoansThere are many options that are not need based and do not count parental assets for contribution for graduate school. First, look at the Federal Stafford loan program. The loans have varying (and relatively low) interest rates and repayment is deferrable while in law school and for 6-9 months afterwards. For graduate study in 2005 you are eligible for about $15,000 per year for your tuition. Perkins loans are need based and have attractive repayment terms, although there is only about $3000 per year available. There are also private lenders, these loans will generally be at a higher rate of interest than the Stafford or Perkins Loans, but the lenders will also defer payments while you are in school. For more information about all of these programs look to the Financial Aid Information Page. Internal and External Support and ScholarshipsInternal Support Many schools offer tuition support to students. You will find out about programs you are eligible for from the schools web page. For example, Wayne State University Law School has a program which gives substantial tuition support to students with certain grades and test scores, Michigan State University College of Law has a similar program. You will need to look at schools of interest to you to see what programs are you can qualify for. External Scholarships and Writing Competitions There are also many scholarships available from a range of legal and local bar associations. The program requirements vary, they range from offers of support to a person who wants to work in domestic violence to offers of support to a person who went to high school in Grand Rapids, and everthing in betweeen. I have noticed that Michigan State University College of law has a fairly comprehensive collection of information about scholarships and writing competitions that are available to prospective law students (applying to MSU and elsewhere).
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