Fordham's Financial Aid
All admitted students are automatically reviewed for merit scholarships. Merit scholarships are offered to admitted students on the basis of LSAT scores and undergraduate GPAs. The awards, are guaranteed for three years (four, if in the part-time evening program) as long as the student maintains satisfactory academic progress. These merit scholarships generally range from $5,000 to $25,000 per year.
The Admissions Office also reviews applicants for the Francis J. Mulderig National Scholars Award and the Paul R. Brenner Scholarship. These full-tuition scholarships are offered to students from across the country on the basis of their outstanding academic credentials and demonstrated leadership potential.
Fordham Law awards a limited number of partial tuition grants on the basis of financial need. These annual grants range from $2,000 to $20,000. They are guaranteed renewable for the second year (full time) and second and third year (part time evening). Because these grants are awarded on the basis of need, and many of our students have substantial earnings from employment in the summer before their final year of law school, the grant may be reduced for students earning more than $15,000 during the summer. Our formula for calculating this reduction is: (gross summer income minus $15,000) x 0.6 x 0.5.
All the School's grants and scholarships are made with the understanding that recipients have a moral obligation to support future Fordham students when they are financially able to do so. This legacy of support is a hallmark of Fordham Law.
Fordham Revolving Loans
Prior to the 2011-12 academic year, Fordham offered its own subsidized loans to its neediest students. These loans were guaranteed renewable for second year students in the day division and second and third year students in the evening division. In the student's third year (day division) or fourth year (evening division), the loan could be reduced by income over $15,000 that was earned in the summer preceding the third or fourth year. The equation for this is: (gross income minus $15,000) x 0.6 x 0.5.
Although this loan program has been discontinued, all Fordham Revolving Loans previously awarded to students will be renewable as outlined above during the student's career at the Law School.
See Applying for Aid for guidelines on how to apply for Fordham and Federal Financial Aid.