Admissions
Student Loans / Financial Aid
A legal education is an investment in your future, and the next step to making your dreams happen is to understand how to finance your legal education. We know the cost and available financial assistance are crucial considerations when selecting a law school. We are here to make sure you have the answers you need.
Student Financial Aid Office
The University of Memphis Student Financial Aid Office administers federal, state and institutional aid programs to qualified students. For law students, this primarily means student loans (scholarships are distributed by the Law Admissions Office).
FAFSA - Free Application for Federal Student Aid
In order to apply for any federal aid for law school, you must first fill out and submit a Free Application for Federal Student Aid (FAFSA). This application is used by the federal government, state aid agencies, and institutions to determine your eligibility for many types of aid including grants, loans and even scholarships. You need to file a FAFSA each year you wish to receive aid.
003509 is the Federal School Code for the University of Memphis
Student Loan Counseling
Memphis Law is proud to partner with AccessLex Institute, the largest nonprofit organization in the country focusing on access, affordability, and the value of a legal education to bring you MAX by AccessLex. Their services include information on creating a personal budget, financial aid, student loans, and individual student loan debt counseling. To get started, go to AskEDNA.AccessLex.org. Your name, email address, school and class year are all you need to log in to the program, personalize your experience and track your progress. No other personal information is required, and all information remains confidential. Each online lesson only takes about 15 minutes to complete.
And then, there are the scholarships. AccessLex will award scholarships incentives every academic year. To be eligible, you must enroll in MAX and complete lessons.
Private Loans
Alternative or private loans for educational purposes are offered by banks and other lenders, apart from the FAFSA. They are typically credit-based and have a variety of eligibility and repayment requirements. The AccessLex Private Loan eXchange is a non-profit curated directory of private and state-based student loan options for law students. We recommend applying for federal student loans first and then private loans, if needed.