Financing Your Legal Education
Savannah Law School students are eligible to receive Title IV aid from the Department of Education. The SLS School Code is: G31733. Students may apply for Federal Student loans by completing the Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov. This may be done beginning January 1 of each year. In order to ensure the student’s aid package is completed prior to the beginning of each fall, the student will need to complete the FAFSA by June 1 of each year. Students will need to have his or her taxes completed in order to better assist the student with the completion of the FAFSA.
All students who complete the FAFSA are eligible to receive Federal Direct Unsubsidized Loans (as long as the lifetime aggregate of $138,500 has not been reached). The maximum amount of Direct Unsubsidized Loans that a student is eligible to receive each year is $20,500 based on the information received from the FAFSA. Further information may be obtained from the Office of Financial Aid.
Students may also apply for alternative loans to assist with educational expenses. A co-signer may not be required if the student is an eligible borrower. Further details of the alternative loans available can be obtained from the Office of Financial Aid.
SLS provides an installment payment program for the payment of tuition and fees over a specified number of months within the semester. To participate in the installment program, students must submit an application and $75 application fee during the registration period.
Cost of Attendance
Each year, Savannah Law School (SLS) establishes cost of attendance (COA) budgets for each enrollment cohort. Tuition, technology fee, SBA fee, and health insurance are considered law school charges (costs paid directly to SLS). Books and supplies, personal and miscellaneous expenses, and transportation are estimates of what a student may spend for costs that are not directly paid to SLS and will not appear on their billing statement.
Some students will spend more than the standard budget, while other students will spend less, depending on individual lifestyles and choices. The COA budgets reflect modest but adequate estimates of spending patterns for our students. Eligibility for financial aid will be based on the COA budget, not on individual preferences and spending habits.
The COA budgets that follow provide figures for the 2014-15 academic year to assist you in planning your own budget. The law school updates COA budgets each summer for the upcoming academic year.
For 2014–2015, students may apply for a one-time computer supplement (professional judgment loan) and increase their budget, not to exceed $2,000, through the Office of Financial Aid. Please speak with a financial aid administrator on or after September 15, 2014 to understand the requirements and financial risks involved in requesting a professional judgment loan.