|Financial Resources at Michigan
The Law School's financial aid program endeavors to provide financial assistance to all full-time students seeking a Michigan J.D. who would be unable to meet the costs of their law school education if relying only on their own savings and support from their families. Michigan's aid program is very substantial and draws on a variety of Law School scholarship and loan funds, as well as funds from the federal government and other external sources. All aid applicants are expected to contribute part of their own resources and if applicable those of their spouses. In addition, financial aid packages assume eligibility for federal funds.
Determining Financial Need
The Law School's financial aid program is designed to bridge the gap between the cost of a legal education at Michigan and a student's available resources. In the interest of fairness, the Law School determines all applicants' financial need through a uniform method of analysis. The Law School formulates a standard budget [PDF] each year that will adequately cover tuition and living expenses. A student's need is determined by subtracting calculated resources from this standard budget amount. Extraordinary circumstances will be taken into account.