If you are a new or continuing J.D. or LL.M. student seeking financial aid, please follow all of the required steps below. Please note that financial aid is set up on a per academic year basis. If you require financial aid for more than one academic year (for example, J.D. students may require financial aid for 3 academic years), then you will need to repeat this Financial Aid Process for each year of law school.
Financial Aid Process
In order to be eligible for federal financial aid, your citizenship status must meet one of the following requirements:
- U.S. Citizen
- U.S. permanent resident, with a Permanent Resident Card (formerly known as an Alien Registration Receipt Card or "Green Card")
- Other eligible noncitizen
If you do not hold any of the above statuses, please refer to the “Financial Aid Process (International Students)” section.
Step 1: File your FAFSA.
- Go to www.fafsa.ed.gov and complete the application. All financial aid applicants are required to complete and submit a Free Application for Federal Student Aid (FAFSA). The FAFSA is utilized to determine eligibility for Federal Aid (Stafford and Graduate PLUS Loans, and Federal Work-Study) and Cardozo's institutional need-based aid.
- Yeshiva University Federal Title IV Code: 002903. Once your FAFSA is officially completed, the federal processor will e-mail you a Student Aid Report (SAR), which is a summary of you FAFSA responses. Please carefully review the SAR for errors and make any corrections. An electronic version of the SAR will also be sent to Cardozo (Yeshiva University: 002903).
- Don’t wait — estimate! Estimate your income and file the FAFSA instead of waiting until you file your tax return. If you wait, you risk missing the school’s deadline. In addition, institutional aid is generally awarded on a first-come first-served basis to eligible students! A new FAFSA is required each academic year and is available October 1st at www.fafsa.ed.gov
Step 2: Review your financial aid award letter. Students who have filed the FAFSA and met all of the requirements, will receive a financial aid award letter from Cardozo's Office of Student Finance (OSF).
- Newly admitted students will receive their award letter in the mail. This letter will include instructions on how to proceed with securing their aid.
- Continuing students will receive an email notification once their award is available on the Banner Self-Service site.
Step 3: Using your financial aid award letter, determine how much and the types of financial aid you may require for the upcoming academic year.
- Utilize our Budget Worksheet to help you make the appropriate calculations.
- If you qualify, and if you have determined that you require federal student loan assistance, please review the terms and procedures for the federal Stafford and Graduate PLUS loans by visiting HERE. (Only accept / apply for these loan options if you have already received official financial aid award notification from our office).
- It is strongly recommended that you thoroughly review Cardozo's Debt Management website prior to officially setting up any student loans. Cardozo's Debt Management website provides details on budgeting, loan repayment (including the federal Income Driven Repayment and Public Service Loan Forgiveness programs, and Cardozo's Loan Repayment Assistance Program), and default prevention.
Step 4: If you plan on taking out financial aid in order to cover your living expenses (room & board, books, transportation, etc.), please enroll in Cardozo's Direct Deposit for Student Refunds.
Step 5: Generally, financial aid that is set up for the entire academic year will be split and disbursed on a per-semester basis. Financial aid usually starts disbursing to students' accounts right before the start of each semester. Once all of the internal tuition and fee charges have been appropriately covered by financial aid for the semester, a student refund will be generated for any remaining financial aid. This process will repeat at the beginning of each semester.
Step 6: If you determine that you require financial aid for each academic year, you will need to complete an annual FAFSA by April 15th, and repeat the steps outlined above.
Step 7: Prior to graduating, you will be required to complete exit couseling, online with the Department of Education, and with Cardozo's Office of Student Finance.
Do not hesitate to contact the Office of Student Finance if you have any questions.
Please feel free to visit our Financial Aid Tutorial Videos for assistance with the Financial Aid Process and accessing the Banner Self-Service site.
Financial Aid Process (International)
If you are a J.D. student, you can complete the International JD Student Financial Aid Application on the Cardozo Office of Student Finance Financial Forms website each academic year. Please note - LL.M. students are not eligible to complete this institutional application
Once the Office of Student Finance receives your International JD Student Financial Aid Application, your application will be reviewed to determine your eligibility for the following:
Need- based Cardozo grants and/or
Need- based Cardozo loans
If you are a LL.M. student, you may want to consider the following options:
Financial assistance from your home country
A U.S. private loan (which may require you to have a U.S. citizen as a co-signer
An institutional tuition payment plan through Cardozo
Search for external scholarship and grant opportunities. Here a a few search engines / websites:
Budget Adjustment Process
We strongly advise that students live within the standard estimated COA budget, and to only seek an adjustment to their budget if it's absolutely necessary. Attending law school and residing in New York City are both very expensive. Please budget your finances very carefully, and reduce any unnecessary expenses! We recommend that you utilize Cardozo's budget assistance tools in order to help you manage your finances, such as our Debt Management website and our Tips on Saving Money site. Please also download our Budget Worksheet to help keep your expenses and resources organized.
1. Do you have legitimate educationally related expenses that exceed Cardozo's Estimated Cost of Attendance (COA) budget? Please review the COA budget, and identify the components for which your expenses have exceeded. Cardozo's Estimated COA includes the following expense components: Tuition, Fees, Health Insurance Fee, Room, Board, Books, Transportation, and Miscellaneous (supplies and modest personal expenses).
2. Review Cardozo's Allowable Expenses for a Budget Adjustment:
- Rent: The 2017-18 rent line in the COA is set at $1,400/month (10 month budget, $14,000). We will match up to Cardozo's most expensive housing rate in the Benjamin, which is approximately $2,000/month. We will not accommodate excessive rent! For example, if a student chooses to rent an apartment for $3,800, we will only cover up to $2,000 with the COA budget!
- Transportation: The COA budget includes a monthly metro card at $121/month (9 month budget, $1,089). Allowable increases may include additional educationally related transportation expenses that exceed the budget, such as Metro North, NJ Transit, and plane tickets. Expenses must be reasonable (for example, we will not accommodate first class plane tickets!).
- Computer: We will allow for a one time per program purchase, up to $2,500. Purchase must occur while enrolled at Cardozo.
- Medical: We will allow for necessary medical expenses that are not covered by insurance. Treatment and expenses incurred must occur while enrolled at Cardozo.
- Child Care: We will allow for child care expense for dependent children under 5 year. Feel free to utilize NYC's child care website to determine if you qualify for affordable or no cost early care and education programming: HERE
- Study Abroad: Students studying abroad may submit expenses incurred, which may include, additional tuition and fees, transportation, room and board. Students are required to submit proof of registration or enrollment in the study abroad program.
- Additional Tuition: Students who enroll in programs such as ITAP, IMAP, IFinS, ITranS, Lawyering in Washington, D.C., may incur additional tuition charges and related expenses.
- Bar Exam Registration: We will allow for direct costs of obtaining a first professional license. This includes state bar registration and MPRE fees. Costs must be incurred while enrolled at Cardozo. We cannot include bar prep courses!
- Personal and Other Educationally Related Expenses: We may allow for other types of incurred expenses that are directly related to a student's education. A detailed explanation in writing is required, along with supporting documentation and receipts.
3. Review Expenses that Cardozo Will NOT Allow for a Budget Adjustment:
- Any Expenses Incurred During Periods When Students Are Not Enrolled: For most students, this would include the summer months, in between the spring and fall semester, and may also include the time in between the fall and spring semester (winter break). Students should be proactive and plan for these times when financial aid will not be available! Additionally, this includes anytime prior to enrolling at Cardozo and/or no longer enrolled (following the last official day of the semester, graduation, withdrawal, and leave of absence).
- Any Expenses Incurred During Prior Academic Years or Will Incur During Future Academic Years.
- Consumer and Other Forms of Debt: Credit card debt, student loans, taxes, mortgage, car loans, domestic support obligations, and legal fees.
- Car Repair and Maintenance
- Wardrobe: The cost of a professional wardrobe cannot be included in a student budget. Students are advised to shop wisely for these items!
- Financial Support for Family Members and Friends.
- Bar Prep Courses.
4. Download and Complete Cardozo's Budget Adjustment Worksheet by clicking HERE
- Complete, sign, and date form.
- Submit the form with the appropriate supporting documentation to the Office of Student Finance: Email email@example.com || Fax 212-790-0366
- Budget adjustments will not be processed until all supporting documentation is received by Student Finance!
5. Review the Budget Adjustment Procedure:
- The Office of Student Finance will review budget adjustments within 5 business days of submission.
- If the budget adjustment is approved by Student Finance, a notification will be sent to the student containing details regarding the approved amount(s), and the exact amount of additional financial aid (student loan) the student can apply for and receive.
- Students should not apply for or request additional financial aid until their budget adjustment has been properly reviewed.
If you have any questions, please contact the Office of Student Finance:
Email: firstname.lastname@example.org || Phone: 212-790-0392 || Room 1024