The money you borrow to finance your legal education is an investment in your future. Please be assured that you are in good company. Nearly 80 percent of Cumberland School of Law students receive some form of financial assistance, and you have very helpful financing options available to you.
By completing your Free Application for Federal Student Aid (FAFSA) form, you are eligible to receive Stafford law school loans from the federal government in the amount of $20,500. To cover the rest of the cost of attendance, our students obtain the Graduate Plus Loan, which covers the full cost of your Cumberland School of Law education, minus any other financial aid you receive. With these two federal loans, you will be able to cover the full cost to attend our institution.
Important to the financial aid process is a financial budgeting commitment. It boils down to two simple rules. Rule number one, create a reasonable budget. Rule number two, stick to it.
In terms of scholarship opportunities at Cumberland School of Law, the law school awarded more than three million dollars in scholarship assistance to certain entering and current students most years. Scholarship awards are based on a variety of criteria, from overall outstanding scholarship, leadership, academic achievement and diversity to various alumni-sponsored awards. Awards for selected entering students range from partial assistance all the way up to full tuition plus books plus a one-time stipend of $5,000.
The only thing a student must do to be considered for a part of the three-million-plus dollars is gain admission to the law school as a fulltime student. There are no additional forms to be filled out or submissions to be made, with the exception of the Jere F. White, Jr Fellowship, which is the top scholarship for entering first-year students. There are also a wide variety of outside sources to which one can apply for scholarships and grants.
At Cumberland School of Law, there are many ways to turn your dream of attending law school into reality and manage your financial assistance, via internal and external scholarships and/or federal and private loans.