What Is a School’s Cost of Attendance?
Cost of attendance (COA) for law school is an estimate of the total cost of attending a specific law school for one academic year. The COA includes direct expenses, such as tuition and fees, as well as indirect expenses, such as room and board, transportation, books and supplies, and personal expenses.
The COA is determined by each law school and is used to calculate your financial aid eligibility. When a student applies for financial aid, the law school’s financial aid office will consider the COA to determine the student’s need-based aid eligibility. The COA may vary from one law school to another, and it may also vary depending on an individual student's circumstances.
It’s important to carefully review the COA of each law school you are considering, as the cost of attendance can have a significant impact on your overall financial picture now and after law school. You should also be aware that the COA is an estimate and may not reflect your actual expenses for the year.
When considering the cost of attendance for law school, consider:
Tuition and fees: The cost of the law school’s tuition and any mandatory fees charged to all students.
Room and board: The cost of housing and meals, whether the student lives on campus or off campus.
Books and supplies: The cost of textbooks, course materials, and any other supplies required for classes.
Transportation: The cost of travel to and from campus, as well as any other transportation expenses the student may incur.
Personal expenses: The cost of clothing, toiletries, entertainment, and other miscellaneous expenses.
Loan fees: Any fees charged by lenders for processing student loans.
Keep in mind the interest rates and terms of any loans you plan to take out, as well as the repayment options available. It’s important to carefully consider your budget and plan your finances to avoid taking on excessive student loan debt.
Budgeting Tools and Resources
LawHub provides a variety of tools and resources to help you generate law school cost estimates, compare schools, and build budgets. All of this can be found on Law School Transparency, powered by LawHub. Your choice about whether and where to attend law school probably won’t come down to just the money, but you’ll be in a better financial position in and after law school if you do what you can to plan and prepare now.