All admission decisions are made without regard to students' financial need. Financial assistance may be available in the form of federal and private educational loans, grants, work-study and scholarships. Students applying for financial aid, private law scholarships or grants based on financial need must complete and submit the Free Application for Federal Student Aid (FAFSA)as soon as possible after admission. The recommended FAFSA deadline is February 15 in order to be considered for the maximum financial aid.
Eligible students are offered Federal Direct Unsubsidized Loans up to a maximum of $20,500 per year. Federal Graduate PLUS loans are also available, but require a credit check. Private loans have interest rates and fees that vary according to the lender, the credit rating of the student and whether there is a co-signer. Both loan fees and interest rates may be higher than those of the Direct loans and there is no cap on interest rates.
Scholarships, Fellowships and Awards
A number of scholarships, fellowships and awards are given annually on a competitive basis for academic and financial considerations. All admitted first-year students are considered for scholarships, as recipients are selected by the Admissions and Financial Aid Committee after an offer of admission has been made. It is possible for scholarships to be awarded through August. Colorado Law also offers some scholarship money to second-year and third-year students each spring. These scholarships are awarded based on academic performance and other criteria, such as economic need and demonstration of assistance in advancing the diversity of the student body.