Financial Assistance Taft Law School

Financial Assistance

Taft Law School makes every effort to make a legal education an achievable goal for all qualified applicants. Many students will qualify for Federal Income Tax Credits and Deductions which would reduce the net cost of tuition and fees.

Federal Financial Aid

Students of Taft Law School that are enrolled in the Directed Study format are able to complete a FAFSA application to see if they are qualified to receive a Federal Direct Student Loan. Note that these types of loans are required to be repaid. There are three types of loans eligible students may receive:

Direct Subsidized Loans

Available to eligible undergraduate students with financial need.

Direct Unsubsidized Loans

Available to eligible undergraduate and graduate students; there is no requirement to demonstrate financial need

Direct Plus Loans

Credit based loans to eligible graduate or professional students.

Federal Student Loans have distinct advantages over traditional consumer loans: Repayment of loans received while attending Taft may be deferred until six months after students have graduated; and interest rates are historically much lower than those of conventional lenders. These rates are set by the United States Congress. Please review the information posted on the United States Department of Education’s website to see current rates.

Basic Eligibility Requirements for Federally
Insured Student Loans

To be eligible for Federal Insured Students Loans during your enrollment at Taft Law School, you must:

  • Be approved for admission to Taft Law School’s Juris Doctor-Attorney Track℠ (Directed Study Courses) Program or Taft’s Juris Doctor-Executive Track℠ (Directed Study Courses) Program;
  • Be a U.S. citizen or an eligible non-citizen;
  • Have a high school diploma or GED;
  • Have a Social Security number;

  • Remain in good academic standing by meeting Satisfactory Academic Progress standards, as detailed in Taft Law School’s Student catalog;

  • Demonstrate financial need (This requirement does not apply to unsubsidized loans.);
  • Not have borrowed more than the aggregate loan limits under Title IV programs at any institution;
  • Certify that you are not in default on a federal student loan or owe money on a federal student grant;
  • Certify that you will use federal student aid for educational purposes only; and
  • If you are a male, comply with Selective Service registration requirements.

See more information regarding federal student aid eligibility criteria.

Federal Loans

How to Apply for Federally Insured
Student Loans

To apply for Federally Insured Student Loans through Taft Law School, you should carefully follow the four steps set forth below:

Step 1.

Complete and submit an Application for Admission to the Juris Doctor-Attorney Track℠ (Directed Study Courses) Program.

Step 2.

Complete the Free Application for Federal Student Aid (FAFSA).

The application must be completed with extreme care and accuracy. In order to permit our Financial Aid Office to receive your FAFSA information, it is important that you enter the School Code for The Taft University System. This code is G41004.

There is no fee associated with the submission of the FAFSA form. (Note that the website fafsa.com is not a government site. Do not complete your FAFSA through this website. There is no need to pay a fee to any private organization in connection with the completion or submission of the FAFSA.)

Step 3.

After your Application for Admission has been reviewed and approved, your Enrollment Instructions have been received, and information on your FAFSA information has been received by our Financial Aid Office from the Department of Education, you will be contacted by our Financial Aid Director. (Normally via e-mail.) The Department of Education may or may not require us to obtain additional
information.

Step three normally takes between five and ten business days. It is important that you promptly respond to this e-mail.

Step 4.

Request copies of official transcripts for all college degrees and units completed. (Transcript Request Form)

It’s just that simple. It is recommended that you begin this process not less than 45 days before your preferred start date.

Student Loan Deferrals

As a result of legislation passed in Congress and signed by the President in 2006, Taft Law School students are now eligible to defer repayment of existing federally insured student loans during their enrollment period with Taft. No unaccredited law school can provide this benefit to its students.

Applicants are encouraged to check with their lenders to confirm deferral eligibility in their particular circumstances before enrollment. There is no charge for the completion of loan deferral forms.

Military Tuition Assistance

The Taft University System participates in tuition assistance (TA) for those who serve in active military. Our programs and courses offered are listed on the Defense Activity for Non-Traditional Education Support (DANTES) website. In certain situations, spouses of military personnel may also be eligible for education assistance benefits.

Tuition assistance policy questions must be directed to the respective branch of Service. Information regarding tuition assistance (TA) for each branch of service can be found on the DANTES Website. The first step is to contact the military educational counselor to discuss the program options and the TA approval process.

Employer Tuition Assistance

Many organizations sponsor employer-assisted tuition assistance programs. Each organization has their own process of awarding and administering tuition assistance. Taft Law School will provide all reasonable documentation to students seeking employer tuition assistance.

If you are not sure where to start, we recommend contacting your employer’s human resource department to see what they offer and the requirements. If your employer requires final course grades before paying for tuition, you will need to pay your tuition out of pocket for the year and your employer will reimburse you as long as you have met their outlined criteria.

Scholarships and Grants

Grants and Scholarships

Grants and scholarships are kinds of financial aid that does not have to be repaid. Some are given based on financial-need, while scholarships are merit-based. Taft Law Students and prospective students are encouraged to find out more about these additional resources for financial aid.