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New Policy Effective Fall 2013

Budgets for 2L and 3L students in the full-time JD program for 2013-2014 will be based on 27 and 26 credits respectively using the average number of credits students take at each level.  Beginning in Fall 2013, second- and third-year students in the full-time JD program will have their budgets and financial aid reduced on a per-credit basis if they enroll for fewer than 27 or 26 credits.  More specifically, budgets and financial aid will be adjusted each semester based on the student’s courseload for the semester.  For example, a 3L taking 10 credits in fall 2013 will have loans reduced by the cost of three credits.  Living expenses (books, room and board, personal/miscellaneous) should be affected very little if at all. 

Finally, tuition-specific scholarships from the College of Law will also be reduced to allow loans for living expenses to remain stable.  Please note that the scholarship will still cover the appropriate percentage of tuition.

Adjustments will be made two weeks before disbursement of student loans each semester.  Loans can be reinstated after the drop/add period has ended. Students who drop courses after the drop/add period, and who will receive a refund as a result, will also have their loans adjusted.

To determine your adjusted budget and potential aid under the new policy please use the budget worksheet for 2L and 3L students.

Please contact the Office of Financial Aid at finaid@law.msu.edu if you have further questions.

For additional information about enrolment requirements please visit: http://law.msu.edu/academics/handbook/part-time-full-time.html#FT-PT


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