Cardozo's Office of Student Finance is committed to using its resources to help admitted students attend the law school. A wide range of financial aid is available, including endowed scholarships, private grants, an institutional loan program, and federal, state, and private supplemental loan programs. The financial aid program is designed to reduce the financial impact of a legal education on a student’s resources.
The law school is fortunate in having endowed scholarships in place, so that more than $1 million is available annually for need-based grants. In addition, each year some students are awarded funds entirely on the basis of merit as determined through their application for admission; no additional application is necessary for merit scholarships.
Long-term education loans are the primary source of financial assistance. Federal, Cardozo and private loan programs ensure that virtually every student who needs it can receive some kind of financial aid for tuition and/or living expenses. Using a standard national application, a student’s need is calculated by a uniform system.
Important News, Updates and Information
Financial Aid for the 2016-2017 Academic Year
(Summer '16, Fall '16, & Spring '17 Semesters)
- File your 2016-2017 FAFSA
- International JD Students: Please click HERE to file your 2016-2017 International JD Student Financial Aid Application.
The Department of Education has implemented several income-driven repayment plans, such as two versions of Income-Based Repayment (IBR), Pay As You Earn (PAYE), and Revised Pay As You Earn (REPAYE), which are designed to assist student loan borrwers with more manageable and reduced monthly repayment options. For a detailed comparison of the income-driven repayment plans, please visit HERE.
Cardozo offers a Loan Repayment Assistance Program (LRAP) for eligible Cardozo J.D. graduates who have chosen to pursue careers in public service by providing funding to help reduce their educational student loan debt. For details on Cardozo's LRAP, please visit HERE.
On August 9, 2013, President Obama signed the Bipartisan Student Loan Certainty Act into law, which amended the Higher Education Act by changing the interest rates on all new unsubsidized Stafford and Graduate PLUS loans.
Loans disbursed on or after July 1, 2015 through June 30, 2016, will have the following fixed fixed interest rates:
Unsubsidized Stafford: 5.84%
Graduate PLUS: 6.84%
Please note the following:
Loans disbursed during the above mentioned dates will be fixed for the life of the loan (during school and repayment).
Under this new law, interest rates are scheduled to reset every July 1st based on the 10-Year Treasury Note Index plus a set add-on.
Loans disbursed prior to July 1, 2013 are not subject to the terms of this new law.
Cardozo offers direct deposit for student refunds. Click HERE to enroll.