Costs & Financial Aid
2009-2010 Tuition and Mandatory Fees
All information concerning financial aid programs is subject to change without notice.
| Tuition | Fees | Total | |
| Resident* | $20,146 | $1,286 | $21,432 |
| Non-Resident* | $37,852 | $1,286 | $39,138 |
*For information on Iowa residency, please visit http://www.registrar.uiowa.edu/residency/
Scholarships, Fellowships, Employement, and Loans
The College of Law administers its substantial financial aid program to advance the goals of its selective admissions policy. Grants, scholarships, work-study funds and loans are awarded on a need or merit basis. A number of part-time employment opportunities are also available to upper-level students.
Scholarships and Fellowships
A separate application is not required for these scholarships and fellowships. Recipients are notified by letter. All students admitted to the College of Law who apply for financial aid through the FAFSA process, including submitting the appropriate supporting documents, are automatically considered for the following:
- Need-Based Scholarships Awards may range from $500 to full resident tuition.
- Merit Scholarships and Fellowships These awards are based on academic achievement. Potential aid renewal for the second and third year for some merit scholarships and fellowships requires maintenance of class rank in the top 37.5%. Awards range from $500 to full resident tuition with a research-assistantship component in upper-level years.
- UI Law Foundation Scholarships Includes scholarships that are merit based, need based and a combination of need and merit. These scholarships are awarded to a limited number of students who meet the criteria established by the scholarship donors, as funds are available. Awards may range from $200 to full resident tuition.
- Law Opportunity Fellowships The College of Law is committed to affording opportunity for a legal career to persons historically underrepresented in the legal profession. Among the criteria considered in awarding the fellowships are: educationally and/or socio-economically disadvantaged backgrounds, leadership potential and academic merit. Awards may be up to full nonresident tuition for three years and the opportunity to hold a research assistant position for the second and third years.
Employment
The College of Law discourages student employment the first year in law school due to the intensive course schedule. In no event may a full-time student work more than 20 hours per week.
Research Assistant Positions. Research Assistant positions are available with many faculty members only for second and
third year students. http://www.law.uiowa.edu/students/studentservices-financial-aid-ras.php
For those students classified as a non-resident for tuition purposes, a quarter-time Research Assistant position (ten hours per
week) will change your tuition status during that semester to resident tuition, thus altering your financial aid package.
UI Student Part-Time Employment. There are part-time student employment positions throughout the university. You do not
need to apply for financial aid to work in these positions. You may access information regarding employment positions through the
University of Iowa Student Information Services Jobnet at: http://www.bo.uiowa.edu/~finaid/jobform.cfm
UI Federal College Work-Study. College Work-Study is available to a limited number of students in their second and/or third
year at the college. A Work-Study award enables you to work in a Work-Study position throughout the University. Work-Study
may reduce your Federal Direct Loan eligibility. You must demonstrate financial eligibility through the FAFSA process.
http://www.uiowa.edu/financial-aid/employment/utilizingworkstudy/index.shtml
Law-Related Employment. The College of Law Career Services Office, located in Room 280 Boyd Law Building, provides
many opportunities for you to explore legal employment options during and after your legal education.
http://www.law.uiowa.edu/careers/index.php
Community Employment. There are many opportunities for non-legal employment in the area.
http://www.bo.uiowa.edu/~finaid/jobform.html
LOANS
William D. Ford Federal Direct (Stafford) Loan Program
Subsidized. The interest rate is 6.8%. Interest does not begin to accrue, nor will principal payments begin, until six months after
the student is no longer enrolled at least half time. Students must show financial need through the FAFSA process. The annual
(e.g. August 2009 through July 2010) maximum is $8,500.
Unsubsidized. The interest rate is 6.8%. Payment on the principal and interest may be deferred, but interest does accrue from the
time of disbursement. If payment on the interest is deferred, the interest is capitalized. Students must show eligibility through the
FAFSA process. The maximum for the Subsidized plus the Unsubsidized Ford Federal Direct (Stafford) Loan program is $20,500.
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Federal Perkins Loan. The Federal Perkins Loan is awarded, as funds are available, to a very limited number of students who
demonstrate exceptional financial need through the FAFSA process. The interest rate is 5%. Interest does not accrue and principal
payments are deferred until nine months after you are no longer enrolled at least half-time. Federal Perkins Loan awards range
from $1,000 to $4,000.
The University of Iowa Law Foundation Loan. The University of Iowa Law Foundation Loan is awarded, as funds are
available, to a limited number of students who demonstrate exceptional financial need through the FAFSA process. The interest
rate is 5%. Interest does not accrue, and interest and principal payments are deferred until six months after you are no longer
enrolled at least half-time. Awards range from $1,000 to $4,000.
Grad PLUS Loan. The Grad PLUS Loan is a federal educational loan that may be available to assist those students who have not
had their entire student financial aid budget met through other financial aid programs. In addition, students must not have an
adverse credit history (a credit check will be done). The student is considered to have an adverse credit history if they are 90 or
more days delinquent on any debt or if, within 5 years of the date of the credit report, the student have been the subject of a default
determination, bankruptcy discharge, foreclosure, repossession, tax lien, wage garnishment, or write-off of a Federal Student Aid
debt (for example, a Direct Loan or Federal Stafford Loan). A student with an adverse credit history may still receive a Direct
PLUS Loan if the student obtains an endorser who does not have an adverse credit history. An endorser is someone who agrees to
repay the loan if the student does not repay it. The interest rate is 7.9%. Interest does accrue while the student is in school.
https://dlenote.ed.gov/empn/StudentLoanSelector.jsp
https://www.dl.ed.gov/borrower/CounselingSessions.do?cmd=initializeContext
FINANCIAL AID CHECKLIST FOR FALL 2009 AND SPRING 2010
All law students are considered self-supporting for federal financial aid purposes. Parental income/asset information is not considered in
determining your financial need.
2009-2010 FAFSA. File the FAFSA on the web at http://www.fafsa.ed.gov/ and submit all required documents as soon as
possible after January 1, 2009 since some institutional funds are limited. The federal school code for The University of Iowa is
001892. After you are admitted and as files become complete, financial aid applications will be reviewed and award letters will be
mailed to you. You must reapply every year.
2009-2010 University of Iowa Institutional Verification Form (IVF). Three to four weeks after the University of Iowa has
received the information from your 2009-2010 FAFSA, admitted students will receive instructions regarding the IVF. You may
be instructed to download and print the IVF at the ISIS web site http://isis.uiowa.edu . (Log in, go to the heading Student
Records, click on Financial Aid, and then click on Verification Form). If you are unable to print the IVF you may request a form
by phone at 319-335-1450 or email financialaid@uiowa.edu
2008 Federal Tax Return. Submit a signed and dated copy of your 2008 Federal Income Tax Return (including all schedules) or
IRS Form 1722 to the UI Student Financial Aid Office at 208 Calvin Hall, Iowa City, IA 52242. If you will not file a 2008 federal
income tax return, you will be asked to verify this on the University of Iowa Verification Form.
Master Promissory Note. First time borrowers only. Visit http://dlenote.ed.gov .
Entrance Counseling. First time borrowers of the Federal Direct Ford Loan must go to
https://www.dl.ed.gov/borrower/CounselingSessions.do?cmd=initializeContext and complete the Entrance Counseling
requirement.
Direct Deposit Form. Authorization for direct deposit of financial aid can be authorized via ISIS http://isis.uiowa.edu. Click
on "Bank Information-Financial Aid Refund" under Finances & Billing in the upper-right area of the screen. Students may also
set up automated payment deduction plans directly from this location.
Law Foundation & Perkins Promissory Notes. As needed.
Grad PLUS Loan Master Promissory Note. First time borrowers only. https://dlenote.ed.gov/empn/completenew_plus.jsp
Update your address and anticipated graduation date with the Registrar's Office on the ISIS system at
https://login.uiowa.edu/uip/login.page?service=https://isis5.uiowa.edu/isis/
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SPECIAL TOTAL ESTIMATED COST OF EDUCATION INCREASES
Your financial aid eligibility cannot be increased for car payments and/or credit card debt. You may have your total estimated cost of
education increased for loan eligibility with proper documentation for the following costs:
1. Student medical expenses not covered by
insurance.
2. UI Grad Care cost difference from the
Student Health Insurance Plan (SHIP).
3. Commuting more than 100 miles a day.
4. Childcare expenses. If you have dependent
children living with you and you have
daycare costs for your children while you
attend law school, your eligibility for
financial aid may be increased for your
childcare costs. For a "Request for
Childcare Expenses" form e-mail lawfinancialaid@
uiowa.edu .
5. Computer purchase. A computer may be purchased through an outside vendor or
from a UI selected vendor. For information on UI selected vendors visit
www.its.uiowa.edu/cs/helpdesk/demo/ or call 319-384-4357.
Students initiate the process to include computer costs in the cost of
attendance. Eligible computer costs include the cost of the computer, 17"
monitor, printer, handheld, surge protector, connecting cables, word
processing software (Microsoft Office or equivalent) and anti-virus software.
Costs will only be allowed if either a purchase invoice or a purchase receipt
supports them.
The maximum amount that we will allow is $2,000.
Only one computer may be added to your student loan eligibility as a law
student.
First year students are allowed to include the cost of computers purchased on
or after June 1st of their entering academic year.
Requests to include computer costs must be made prior to the last day for
downward tuition and fee adjustments of the student's financial semester at
the University of Iowa. Complete the computer adjustment form available
on the UI COL website.
HOW FINANCIAL NEED IS
DETERMINED
2009-2010 ACADEMIC YEAR ESTIMATED COST OF EDUCATION*
(FINANCIAL AID BUDGET)
Financial Need is determined as follows:
COST OF EDUCATION minus
STUDENT CONTRIBUTION =
FINANCIAL NEED.
Although financial aid awards are not made until after applicants are admitted to the college,
applicants should not wait for their notice of admission before filing the Free Application for
Federal Student Aid (FAFSA). Admitted students who provide the required documents are
informed of their eligibility for financial aid in an award notification letter. Students must
reapply for aid every year. Applicants are urged to investigate other sources of aid as well.
Public libraries, private and civic organizations, and the Internet are excellent resources for
information about financial aid.
The student contribution is based on the
student and spouse's income from the
previous year, current assets, savings, and
investments.
Homes are not included in the asset
calculation.
Eligible students may borrow their student
contribution through the Direct
Unsubsidized Loan or a private student
loan.
Resident Non-Resident
Tuition: $20,146 $37,852
Mandatory Fees 1,286 1,286
Books & Supplies1,2 2,300 2,300
Room and Board1, 2 9,900 9,900
Personal Expenses1, 2 3,640 3,640
Transportation1, 2 890 890
Total Estimated Cost of Education3 $38,162 $55,868
1 Estimated figures.
2 The student financial aid budget provides $1,603 per month in living expenses and $1,150 each semester for
books and supplies.
3 The Total Estimated Cost of Education is used to determine your maximum financial aid eligibility.
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Questions and inquiries? Please include your name, phone number, and social security number with any financial aid correspondence:
Office of Financial Aid
University of Iowa College of Law
276 Boyd Law Building
Iowa City, IA 52242-1113
319-335-9142 / 800-553-IOWA, Ext 9142
law-financialaid@uiowa.edu
Office of Student Financial Aid
University of Iowa
208 Calvin Hall
Iowa City, IA 52242-1315
319-335-1450 / 800-553-IOWA
http://www.uiowa.edu/financial-aid/
financial-aid@uiowa.edu