A legal education was once considered a ticket to a comfortable life, but years of tuition increases have made law school more like a fast way to get buried under debt. The good news is, there are plenty of ways to make law school more affordable.
Scholarships, grant funding and work-study are great options for helping cover the cost of a law degree, as they don’t require repayment. Researching and applying for all available scholarships takes time, but the payoff can be significant, as many students win substantial awards based on their academic achievements or financial need.
Another option is student loans, which can be borrowed directly from law schools or through private lenders. While the interest rates are higher than those for grants and scholarships, there are loan forgiveness programs that can help reduce the amount you owe after graduation.
Finally, some employers offer tuition reimbursement for their employees, a benefit that can greatly reduce the cost of law school. While these programs vary in their specifics, such as how much of the cost they reimburse and whether or not they only apply to certain types of law, it’s worth asking your prospective employer if they offer this type of assistance.
There are also a number of government-administered loan repayment programs for students who decide to pursue careers in certain sectors, such as the FBI Honors Program and the 901 Government Student Loan Repayment Program. These programs can be an excellent way to make law school more accessible for aspiring law enforcement and public service professionals, while also providing them with an opportunity to earn a salary that offsets their student loan payments. Law Tuition