Financial Aid Policies
Awards are contingent on Satisfactory Academic Progress.
Students may receive financial aid from several different programs or sources. Total aid through all programs (including private loans) cannot exceed the Cost of Attendance as determined by the Financial Aid Office. The total received through “need-based” programs such as the Federal Work Study Program, State grants/scholarships, Albany Law School prize/scholarship programs and other scholarship/grant programs, may not exceed the Cost of Attendance less the Expected Family Contribution as determined by the results of your FAFSA.
The total amount of an Albany Law School prize, scholarship, grant, and/or tuition waiver or benefit must not exceed the cost of tuition at Albany Law School minus a New York State Veterans Tuition Award.
All aid from non-Albany Law School sources and any change in a student's enrollment must be reported immediately to the Financial Aid Office. A student's aid package may be recalculated based on such changes.
All information provided to Albany Law School, federal or state programs, and lenders must be accurate and truthful. Information that is not accurate or truthful may result in a student's financial aid award becoming void if and when incorrect information is revealed. Intentionally false statements or misrepresentation on any of the student's financial aid application materials may subject the filer to criminal penalties.
Federal financial aid is not automatically renewed. Annual applications are required.
Each student is responsible for reviewing and understanding the information and policies in the Financial Aid Award brochure and the Student Handbook.
All awards are subject to state, federal, and institutional funding, as well as program regulations and policies relative to the respective programs.
Federal Stafford Loan, Grad PLUS Loan, and/or private loan funds may be received electronically by the Business Office, who will post the funds to your tuition account. Any aid in excess of tuition and fees will be refunded to you.
You have the option to cancel or reduce a loan before or after the time the funds are disbursed. Instructions are provided in the written notification that funds have been credited to your account.
To protect your privacy, the Family Educational Rights and Privacy Act of 1974 (FERPA) has set guidelines pertaining to the disclosure of information from records maintained by the school. Albany Law School's policy on disclosure of student information can be found in the Student Handbook.
Availability of Financial Counseling
In addition to having access to the Financial Aid Office for individual loan counseling, we also offer the free resources below:
- AccessConnex by AccessLexSM gives you free access to a team of Accredited Financial Counselors, who can answer your financial questions about borrowing strategies, loan terms, repayment options, credit, and more. Through our partnership with AccessLex Institute, you can schedule free and unlimited calls with one of their counselors at a time that works for you!
- Scholarship Databank helps students maximize the affordability of a law degree and assists them in making wise financial decisions, by making it easier for students to find money to help pay for law school and lower their student loan burdens by providing a list of vetted scholarships.
- MAX by AccessLex® is the free personal finance program designed exclusively for law students. Learn top financial strategies with in-person MAX by AccessLex® and online learning options, one-on-one financial coaching from Accredited Financial Counselors, and over $300,000 in scholarship incentives each year to keep you motivated! From paying for law school to investing for your retirement – and every step in between – let MAX be your guide! MAX video.