Financial Aid

Every application is automatically reviewed for ASL’s generous merit scholarships. Once a student is admitted s/he may apply for need  based aid.

ASL wants to see every student attain the dream of becoming a lawyer. The Financial Aid Office provides professional guidance and complete transparency in order to assist students with the management of the cost of this professional degree program. Students are guided through the financial aid process from application to disbursement, and they are given the necessary resources to practice sound money management.

Our Mission Statement

ASL wants you to attain your dream of being a lawyer. We understand that law school is costly, and we want to help you along the way by:

Being transparent and giving you the actual cost of attendance
Guiding students through the financial aid process from application to disbursement
Understanding that each student has a unique financial need
Giving students all of the necessary resources to practice sound money management
Helping students make financial decisions based on their long-term indebtedness, rather than their immediate desires.

Contact:
David Brookshire
Financial Aid Officer

Location: Room 108 of the main classroom building

Hours: 8:00 a.m. to 5:00 p.m., Monday – Friday.

Phone: 276-244-1211

E-mail: financialaid@asl.edu

 

Apply for Aid

There are multiple options when it comes to financing your education:

To apply for aid, follow these steps:

Step One
Complete the Free Application for Federal Student Aid (FAFSA) application online. ASL’s Title IV federal code number for FASFA is G35593. Returning second- and third-year students need only file a condensed Renewal FAFSA.

Step Two
Review the award package sent to you by ASL’s Financial Aid Office

Step Three
If you need to borrow funds for your education, visit the Federal Direct Loan website and/or consult private lenders.

The Department of Education typically disburses federal student loans to ASL at the beginning of the fall and spring semesters each academic year.

Loan Repayment

When it is time to repay your student loans, several options are available to keep the process as stress-free as possible. You can select a repayment plan that’s right for your financial situation. Generally, you’ll have from 10 to 25 years to repay your loan, depending on which repayment plan you choose.

Click Here to view the slides from the Federal Student Loan Repayment presentation sponsored by the ASL Financial Aid Department and the Student Bar Association.

Repayment Options

  • Standard Repayment
  • Extended Repayment
  • Graduated Repayment
  • Income-Based Repayment
  • Income-Contingent Repayment (Direct Loans Only)
  • Income-Sensitive Repayment Plan (FFEL Loans only)

To find out which one of these repayment plans works best for you, visit the Federal Student Loan website.

Public Service Loan Forgiveness

The Public Service Loan Forgiveness Program was created to encourage individuals to fill public service jobs. Under this program, you may qualify for forgiveness of the remaining balance due on your eligible federal student loans after you have made 120 payments on loans under certain repayment plans while employed full time by certain public service employers. More information is also available here.

Postponing Repayment

Federal student loan programs offer deferment, forbearance, or other forms of payment relief in limited circumstances. If you have trouble making loan payments, immediately contact the organization that services your loan to see if you qualify for relief. It’s important to take action before you are charged late fees. For Federal Perkins Loans, contact your loan servicer or the school that made you the loan. For Direct and FFEL Stafford Loans, contact your loan servicer. If you do not know who your servicer is, look it up in the federal National Student Loan Data System.

Loan Consolidation

A consolidation loan allows borrowers to combine federal student loans, resulting in one monthly payment.