Whether you have always dreamed of becoming a lawyer, or you find yourself considering it as a career option during undergraduate, one of your early thoughts will probably revolve around how you will pay for school. It can be a challenge, but there are many options available, and with some planning, you should have no trouble putting together a package that allows you to follow your dream. When you are thinking about the cost of law school, there are a variety of things to consider. In addition to tuition and fees, you will need to cover books and other supplies as well as living expenses. It is unlikely that you will be able to work while working on your degree, and many programs actually prohibit or strongly discourage it. To set yourself up for success, plan to focus entirely on classes during the school year. During the summer, you probably want to focus on internships and clerking opportunities. These can greatly improve your job prospects after graduation.
Complete the FAFSA
To qualify for many types of scholarships, grants, and federal student loans, you need to complete the FAFSA. The good news is that this one form will be used by many financial aid institutions, so the time investment is minimal. You will need to submit the paperwork ahead of the deadline for any school you plan to attend. These deadlines an vary, so plan ahead. After completing the FAFSA, you will have a chance to review your Student Aid Report. If you need to make any corrections, this is the time to do so. An individual school may request additional information from you at this time. You will receive separate award notices from each school. You can use this information to help you decide on where you attend.
Private Loans Can Fill the Gaps
You may be discouraged when you see the financial aid package offered by your top choice. The gap between what they offer and what you need may seem insurmountable, particularly when you consider living expenses as well. Fortunately, there is a way to bridge this gap. Private student loans allow you to borrow additional funds to pay for school and related expenses. You will apply for private student loans on your own. Private loans are not part of the financial aid package. It is a simple process, and the lender will help you determine the best loan for your particular situation.
Consider Your Summer Job
Internships and clerkships are an important part of law school. Not only are they a great way to learn more about the actual practice of law, but they also allow you to make connections that can aid in employment after graduation. Many opportunities allow for the possibility of return offers, meaning you will be offered a job after graduation. With this in mind, you can see how important it is to make a good choice when considering summer job opportunities. While these positions are typically paid, the stipend should not be your only consideration when taking an internship. You should target firms doing the type of work you want to do after graduation.
