Financial Aid!!! GET SOME!
April 30, 2008 by sandista
The magnificent Lauren Hansen recently alerted her facebook friends (what? fine. sometimes i’m on facebook) to a little-known policy that allows students living in areas with higher costs of living for the summer to adjust their financial aid to reflect the increased cost. The text of her note, reprinted with permission:
“If you are living in a place with a higher cost of living (like Los Angeles, San Francisco, New York), you can ask the financial aid office for a cost of living adjustment. This means about $600 more a month for me this summer living in New York.
The financial aid office doesn’t really publicize this, and you have to find and provide the data (cost of living figures for a law school in the area you are working) yourself, but it might be worthwhile.”
Now, I don’t know anything about this- the requirements, its substantive provisions, etc. A few questions come to mind - do you need to be taking classes to qualify? or can your summer job/internship also qualify you? These are questions that the resourceful interested candidates should figure out on their own. But this could potentially be a great resource for 1Ls and 2Ls chasing their dreams in far-off places over the summer. So I thought it merited posting.
Happy treasure hunting!
Why isn’t this plastered on every wall in the building?
I assume that you must take some sort of externship credit to be eligible for this. I don’t think loans just for living expenses are available.
I could be wrong (it’s a habit of mine) but I’m pretty sure Steve is right about needing to be enrolled in a university recognized externship (gov’t or unpaid) and that the amount of additional financial aid you qualify for is contingent on the number of externship hours you register for. It’s a part time v. full time student deal, same as with regular summer school aid.
However, anytime you are enrolled as a student, whether it’s at Iowa or at another institution, and you are receiving Federal Aid, you can petition for a larger living allowance. So, if you choose to study in New York for a semester you can request that your living allowance is increased. They gave us an extra 4K for London..which, after the exchange rate, covered an extra three or four pints.