
Additional
information
Charleston
School of Law Foundation
The
Charleston School of Law Foundation, Inc.,
is a non-profit, tax-exempt organization. Its purpose is
to receive bequests and donations to help students by funding
scholarships. If you are interested in learning about the
scholarship program, please contact the Office of Admissions.
- Learn
more about admissions to the Charleston School
of Law
- Visit
the Charleston School of Law Foundation's Web
site.
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Financial
Aid
Funding a legal education can be a daunting task, especially
when students are responsible for financing their law school education
and living expenses themselves. Need-based scholarships and merit
scholarships are awarded by Charleston School of Law to selected
students, but the largest forms of financial aid for law students
are educational loans. Even if a student receives a sizable scholarship,
he or she may not be able to avoid substantial loan debt before
graduation, especially if the student has already accumulated
student loans during undergraduate or graduate education.
Attaining a legal education is a significant investment of a
student's time and financial resources. Students should be aware
of all of their financial responsibilities and make wise financial
decisions before, during and after they attend the Charleston
School of Law. Students should realize they are investing in their
futures by attending law school and that type of investment is
the best one they can make. The investment can be considerable,
so it is highly recommended that students borrow conservatively
at all times and be diligent to budget money wisely.
Simply put: the amount of loan money students borrow now may
affect their career and lifestyle choices when they finish their
education here. The popular adage says, "If you live like
a lawyer while a student, you will live like a student when a
lawyer." The Office of Financial Aid is ready to help students
become aware and make informed financial decisions in all areas
of student life: budgeting, loan comparisons, notifications of
expected refund disbursements, explanation of the consequences
of defaulting on student loans, and debt management and consolidation
after graduation.
To learn details about applying for financial aid for 2007-08,
please read the following memo by Financial Aid Director Mike
Parrish. For general information, continue reading below
Applying
For Financial Aid
Students are able to receive aid (scholarships, loans, Veterans
benefits, etc.) up to their established cost of attendance budget.
Each students cost of attendance budget accounts for tuition/fees
plus a reasonable amount for living expenses for the academic
year. The maximum amount allocated for living expenses is $17,450.
Review specific information on student cost of attendance budgets
here.
To be considered for institutional scholarships, students must
complete the School of Laws scholarship
application form.
For the 2007-2008 school year, per semester tuition is $14,824
for full-time students and $11,119 for students in the part-time
program. Fees are $475 per semester. Incoming students pay a one-time
matriculation fee of $160.
Cost
of attendance
Students are provided a cost of attendance (COA) budget that governs
the amount of total aid (loans, scholarships, veteran's benefits,
etc.) available to them for the nine month academic year. There
are also COA budgets for Maymester and summer session, including
externships if students are enrolled in an externship course. Students
are not allowed to exceed their cost of attendance budget. Student
budgets are reviewed annually to make adjustments to reflect possible
changes in living expenses or school-related expenses.
The Office of Financial Aid realizes that students come to the
Law School from various backgrounds, experiences, and lifestyles;
however, the student cost of attendance budget allows for a simple
lifestyle-that of a graduate student. Federal regulations dictate
that only education-related expenses are allowed in the cost of
attendance budgets. Items such as tuition and fees, lodging and
food, books and supplies, transportation, and personal/miscellaneous
are expenses allowed to create a student's budget. Students who
want to request a budget adjustment must complete a Request
for Budget Increase Form and provide all necessary documentation
required for the Office of Financial Aid to render its decision.
The required Form and all supporting documentation will become part
of the student's financial aid file.
Items the government will NOT allow in the cost of attendance budgets
include moving expenses, prior loan debt, credit card debt, car
payments, and expenses incurred outside of the student's actual
period of enrollment. Budgets may be increased for the following
allowable adjustments: students with disabilities to accommodate
reasonable needs to attend classes; students paying dependent care
or adult care expenses directly related to the student's attendance
(not for job purposes); students who have medical/dental expenses
not covered by insurance while enrolled; and a student's one time
computer/printer purchase expense. All documentation and receipts
are required with a student's Request for Budget Increase Form for
the appeal to be reviewed. The maximum amount that a student's budget
can be increased for computer and printer expenses is $2,000. If
approved, a student's budget will be increased by the documented
cost of the computer equipment which will allow the student greater
loan eligibility for a semester.
Privacy
information
Per the Family Educational Rights and Privacy Act of 1974 (FERPA),
the student has the sole right to their educational records UNLESS
the parents submit verification that they claimed the student as
a dependent on their most recent Federal Tax Return OR the student
submits written authorization to release information to their parents
by completing paperwork through the Office of Academic Affairs at
Charleston School of Law.
A student may complete a Student
Authorization to Release Information Form in order for the School
of Law to discuss the student's specific information with their
parents, spouse, or other person as indicated on their form. By
law, Charleston School of Law may release the following "Directory
Information" without written consent by the student: name,
address, telephone number, email address, photograph, date and place
of birth, dates of attendance, enrollment status, degrees, or honors
and awards. A student has the option of completing a Student Authorization
to Release Information Form and requesting in writing that their
Directory Information not be released.
(If a student does not authorize Directory Information to be
released, the student will not be included in news releases in area
and home newspapers, on radio and TV broadcasts regarding honors
and awards, and participation in campus activities. Student would
also not be eligible to be included in campus programs, publications,
campus directories, CSOL graduation composite, and on the CSOL website
and campus brochures).
Other
helpful information
Private loan information from lenders our students have used is
listed below to assist students:
Other Web resources:
- FAFSA:
Go here to apply for federal loans by completing a Free Application
for Federal Student Aid (FAFSA).
- PIN
request: Request a PIN which is used as your signature on
the FASFA and sometimes for online loan applications.
- FinAid:
This site is an overall guide to financial aid.
- Student
Aid: The government's financial aid resource website
- Veteran's
Affairs: Government site for Department of Veteran Affairs
- Establishing
a budget
- Budget
Calculator
- "Cost
of living" comparison calculator between cities
- Credit
info: This is a good webpage for students who have little
to no financial history on establishing good credit. It is nice
for students to review for ways to make or keep good credit too.
- Credit
reports: This is a great site to learn how to get a free annual
credit report and how to try to correct errors and other helpful
information. Students are encouraged to review their credit report
at least once a year to review their information for accuracy.
- Another
credit report site
- Compare
different loan interest rates and better understand loan repayment
schedules (great for debt management when repaying loans)
- Students can review all of their federal
loan information (loan holders, balances, interest rates,
etc.)
Scholarship sites
Students who are eligible for Veterans benefits should contact
Mike
Parrish to begin the process of establishing benefits through
the Department of Veteran Affairs.
Academic
Progress Standards
Information on the law school's academic standards is available
from the Office of Admissions. You can also go online to review
more information.
Office
information
The physical address of the Office of Financial Aid is 394 Meeting
Street, but the mailing address is 81 Mary Street PO Box 535 Charleston,
SC 29402-0535. We are located in the Business Office along with
the Accounting Office. We are on one of the corners of Meeting
and Mary Streets and we are diagonal from the BellSouth building.
We are open from 8:30 a.m. to 5 p.m., Monday through Friday.
Drop-ins are welcome, but students with appointments are guaranteed
to meet with the Director to receive the help they need. The email
addresses for the office are csolfao@charlestonlaw.org
and also mparrish@charlestonlaw.org.
Our phone number is (843)377-4901 and our fax number is (843)720-1252.
Our
mission
The Office of Financial Aid wants to help students understand
the process of applying for financial aid so they can make wise
financial decisions and explore all resource options for funding
their legal education. To that end, the Office of Financial Aid
will help students understand how to best utilize their resources:
scholarships (private and also institutional); private loans;
federal loans (Stafford loan and Graduate PLUS loan); and Veterans
Benefits. We assist students by helping to answer financial questions
so students are informed before, during, and after their education
at the Charleston School of Law.
For
more information
For more information
on financial aid, contact our Office
of Financial Aid at 843-377-4901.
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