| Law Bulletiin A-Z Index ............................................... Dates to RememberCollege of LawFall Term 2008 August 8-16 New student orientation January 8 New students arrive |
FINANCIAL AID
Law School Financial Aid Office
This office administers all federal and private loans for law students. A member of the Office of Financial Aid of the university is available in LS 345. The telephone number is (504) 861-5551.
LOANS
Long-term, low-interest loans provide students with an opportunity to borrow the cost of education. Repayment must begin when the student wither graduate or no longer enrolled at an approved school. Borrowers must be able to demonstrate financial need for some federally sponsored loans. Loan sources include subsidized and unsubsidized, and grad plus loans. Loyola participates in several programs for students who are not eligible for the need based loans, and there are several private lender which will make non-need-based loans. Information on these programs can be obtained from the Office of Scholarships and Financial Aid, law school, third floor or at www.loyno.edu/financialaid.
Financial aid application instructions are contained in the admission application brochure. All applicants for financial aid must complete the Free Application for Federal Student Aid (FAFSA). FAFSAs are readily available from college and university financial aid offices throughout the United States or at www.fafsa.ed.gov.
Offers of financial assistance are not made if admission status is pending or uncertain. The student may expect a response to the completed financial aid application after acceptance to the College of Law.
Students are urged to apply early and to supply all documentation well in advance of the beginning of the enrollment period.
Loan Repayment Assistance Program
The Loan Repayment Assistance Program through the Gillis W. Long Poverty Law Center helps low-income Loyola law graduates who are working in public service advocacy. This program provides small annual grants to help law graduates pay off some of their outstanding student loans. For more information, call (504) 861-5762.
Campus Jobs
The federal government and Loyola University provide limited employment opportunities for students who can demonstrate financial need and who want to work on campus.
REASONABLE ACADEMIC PROGRESS
In order to be eligible to receive assistance from any federal source, a student must be found to be making reasonable progress toward the completion of his or her degree program in addition to the demonstration of requisite need. A student is said to be making progress when he or she completes at least nine semester hours for each regular semester (fall or spring) of enrollment. A student who fails in this respect will be disqualified from receiving financial assistance from any program unless the student can be placed on financial aid probation and allowed to continue to receive assistance as long as he or she meets the terms of the probation. The terms of a financial aid probation will not necessarily coincide with the terms of an academic probation imposed by the College of Law. In addition, students who have completed two terms must have at least a 2.0 cumulative GPA.
Details are available in the Office of Scholarships and Financial Aid or at www.loyno.edu/financialaid.
DIVERSITY FUNDING
In accord with its commitment to extend opportunities in education to all qualified students, regardless of age, color, disability, national origin, race, religion, sex/gender, or sexual orientation, and being cognizant of the underrepresentation of minorities within the legal profession, Loyola has established a fund to assist minorities in obtaining a legal education.
OTHER FUNDING
The Council on Legal Education Opportunity (CLEO) conducts summer tutorial programs each year to assist students of “low income” or “disadvantaged background” to obtain entrance into the College of Law. Those students successfully completing the program will, upon enrollment in the College of Law, be awarded an annual living stipend. For further information, students should contact: CLEO, 740 15th St. N.W., 9th Floor, Washington, D.C. 20005 or call (202) 216-4343 or www.cleoscholars.com. Minority students may also wish to contact the Earl Warren Legal Training Program, Inc., 10 Columbus Circle, New York, NY 10019 for further information concerning the availability of assistance.