By Dennis Hung • September 17, 2018•Law School
Going to law school can be both a rewarding and an expensive endeavor. According to Above the Law, the average law school graduate in the U.S. borrows $112,776 just to finish school. With the high tuition, you may be wondering how you’ll finance your law degree. Following these five tips might make it easier for you to pay your way through law school.
Apply for Scholarships
There are many scholarships that you can apply for and will help you afford law school. Some scholarships will offer enough money to cover part of your tuition while others will allow you to attend school for free. U.S. News & World Report suggests studying hard to get a high score on your Law School Admission Test (LSAT) to increase your chances of getting a scholarship that will cover your entire tuition. It’s also important to review the terms of each scholarship that you wish to apply for so that you’re aware of any possible stipulations.
Find Schools That Offer Loan Assistance
Some law schools are willing to help with student loans and even offer forgiveness incentives. Bankrate states that there are more than 100 law schools in the U.S. that have programs that are designed to help students who need to borrow money. Finding a school that’s lenient with loan terms will be especially advantageous for you if you ever have trouble making any of your payments on time. If the school that you’re attending falsified any loan information or did anything else illegally regarding your loan, you can try to take legal action to have your debt cleared.
Get a Part-Time Job
As if law school isn’t already difficult enough, you may need to get a part-time job just to be able to afford to pay some of your tuition. Fortunately, there are many part-time positions that allow you to make good money while working flexible hours. Waitstaff and other employees in the hospitality industry are often paid additional wages in tips, which can add up significantly if you’re in the right establishment. If you’re of legal age, you might also be able to land a job as a bartender and make excellent money for just a few hours of work. Baristas in busy coffee shops can also earn good wages working part-time. If you have a Lexus or another type of reliable vehicle, you can make extra money and work on your own schedule by offering people rides.
Some law schools have higher tuition fees than others, so it’s important to shop around to find a school that has the most affordable tuition. You’ll also want to look at the specific education programs that each school offers so that you can choose an institution that prepares you best to practice your desired area of law. Forbes reports that some schools offer tuition breaks to in-state residents, so you might want to consider relocating to a new state if it will save you a significant amount of money on your education.
Join the Military
If you agree to serve in the armed forces for a specified term, you might be able to attend law school for free. According to Eduers.com, the Army Jag Corp accepts a limited number of active service members for their Funded Legal Education Program (FLEP). You may find similar programs if you wish to join the Navy or Marine Corps. Upon completion of school, you’ll be required to fulfill a number of years of military service and possibly be deployed into combat.
You can make law school more affordable for yourself by finding the right ways to cut tuition costs. By saving money, you’ll be able to pursue your degree with less stress and greater peace of mind.