Finances

Fees

To enable students to estimate expenses at the time of entering the Law School, the following information is offered.

Each applicant accepted for admission must forward a $200 acceptance deposit. Tuition for first year students who are residents of Texas is $150 per semester hour. Students who are not residents of Texas must pay tuition of $275 per semester hour. All students will have additional expenses of approximately $600 in fees and $350- $400 for books and supplies in the fall semester. These additional fees and expenses will be slightly less in the spring. All entering students must pay at least one-half of their fall tuition and fees in June in order to hold their place in class. This payment will be approximately $1,600 for Texas residents and $2,500 for nonresidents.

Tuition and fees for long term semesters may be paid using one of the following options:

Option 1: Payment of total amount due;

Option 2: Payment of one-half of the amount due initially and one-fourth by the fourth week of the semester and one-fourth by the eighth week.

Tuition for summer terms must be paid in full.

Students who move to Texas after reaching the age of 18 are considered to be nonresidents unless they have resided in the state for other than educational purposes for a period of 12 months immediately preceding enrollment. Questions of residency status frequently arise concerning members of the Armed Forces assigned to duty in Texas and persons who have been Texas residents but have moved out of Texas for employment. Applicants in these and other circumstances involving questionable residency status should seek clarification of their status from the Law School.

Information on programs and costs for student health services, student insurance, recreational sports, and student parking is made available at orientation.

For more detailed information regarding residency, fees, veterans' exemptions from fees, refund policies, and loans, please see the current Undergraduate Catalog of the University.

Financial Assistance

Scholarships, loans, and a number of part time positions are available at the Law School and the University. The Law School recommends that students devote their entire time to the study of law. Students who are engaged in outside employment may be asked to withdraw from the school if the amount of time spent in outside employment is deemed excessive or appears to interfere with full-time study of law. Outside employment cannot exceed 20 hours per week. All accepted international students will have to provide documentation showing financial responsibility. Before an I-20 can be approved, accepted international students will have to show they will have access to $16,000. An approved I-20 is required before an international student can obtain a student visa. Financial aid is available only to those students that are citizens or permanent residents.

Financial Aid Transcripts

Federal regulations require that any student who has attended a college or university other than Texas Tech submit a financial aid transcript from each of the previously attended schools. This is a requirement regardless of how many hours were earned or whether financial aid was received.

Review Process

Once the application has been received, the information will be reviewed to see if additional documents are needed to complete the aid file. If additional documentation is required, a letter will be sent to the student's permanent address on file with the Law School Registrar.

Application and Eligibility

Students applying for grants or loans must complete a Free Application for Federal Student Aid (FAFSA) for 1998-99. The application will be based on 1997 income tax forms and current asset information. Students should follow the written instructions carefully as to which questions to answer (no student will answer every question). The college code number for Texas Tech is 003644. List the college name as Texas Tech University West Broadway and University, Lubbock, Texas. The application must be complete. Please complete ALL applicable sections of the FAFSA application.

The processor will use federally approved formulas to determine a minimum dollar amount that the student will be expected to contribute toward the cost of education (referred to as budget) based on the financial figures provided by the student. The expected contribution is called the Family Contribution (FC).

The budget is the estimated average cost for a 9-month period beginning in August and ending in May. The budget for the 1997-98 award year was:

Eligibility for need-based aid is the difference between the budget and FC. For example:

A student may not receive financial aid in excess of the total budget. Financial aid includes grants,

all scholarships (on or off campus donors), college work-study, and all loans.

Loan Application

The Free Application for Federal Student Aid (FAFSA) is a general application that determines eligibility for all types of aid. It is NOT the actual loan application that will be submitted to a lender. Each student has the option as to what type of loans he or she will apply to receive. Eligibility for loans

is contingent on other financial aid received and eligible need, based on federal formulas. The loan types are as follows:

1.Stafford (formerly the GSL). There are two types of Federal Stafford Loans (FSL) that you may be eligible forsubsidized and unsubsidized. Both have a variable interest rate. The subsidized FSL is based on need. If you qualify, the government pays the lender the interest due on it while you are in school and during your grace period and deferment periods. The unsubsidized FSL is for students who don't qualify for a subsidized FSL or who qualify for less than the annual maximum limit on a FSL. You are responsible for all interest that accrues on an unsubsidized FSL.

The academic year limit on a subsidized FSL is $8,500, and the academic year limit on an unsubsidized FSL is $10,000. The repayment period for the loans is 10 years. Interest rates vary but cannot exceed 8.25% adjusted each July 1. The interest rate is based on the final auction of the 91-day Treasury Bill held prior to June 1 plus 3.1%.

2.Law Access Loan (LAL) or Law Student Loan (LSL). The application limit is $15,000. These loans may be applied for through one of two companiesLawAccess or LawLoans. The conditions and rates of interest are identical between the two companies. The interest rate is variable and adjusted quarterly based on the bond equivalent of the 91-day Treasury Bill plus 3.25%. Students wishing to apply for either of these loan programs should first apply for Federal Stafford Loans. Once a student decides that he or she wants to apply for a LAL or LSL, loan applications will be required in addition to the FSL application.

Lender Options

Both types of Federal Stafford Loans may be obtained through any participating bank, savings and loan, or credit union. If a student is unable to locate a lender, the student should contact the Financial Aid Office for assistance. The same lender should be used for all loans throughout the student's education. If multiple lenders are used, the student likely will have multiple repayments upon graduation.

Tuition Payments and Check Disbursement

After a student's file has been completed and reviewed by Financial Aid, an award notice will be sent to the student listing all financial aid awarded as of the date of the notice. The student will review the notice completely, accept the financial aid desired, sign the notice, and return it to Financial Aid. A student who has accepted a grant or scholarship and returned the award notice to Financial Aid prior to the tuition payment date in August will have the award applied to their tuition bill. Loans listed on the award notice will not automatically be applied to the tuition bill. Because loan checks must be endorsed by the student, Financial Aid cannot negotiate the funds for the student. Loan checks cannot be disbursed any earlier than 10 calendar days prior to the first day of classes. This disbursement date would be the first day of regular classes for all law students (not the orientation week).

Note: All first-year law students accepted for fall enrollment will have their first tuition payment (approximately $1,600) due in June before the fall term. The Financial Aid Office is unable to assist with this payment.

Before receiving the initial loan check on any program, a student must attend a federally required loan counseling session. The student's rights and responsibilities and loan conditions are discussed. A session for the first-year law students is usually held during the week of orientation in August. All loans are disbursed in a minimum of two disbursements (fall and spring). This federal requirement is designed to assist students in budgeting their funds more efficiently.

All aid must be applied to a student's outstanding tuition and fee balance before any refund can be disbursed to the student.

The following is a review of what is required before a loan check can be released to a student:

1. The student must have attended loan counseling.

2. An award notice must be completed and returned to the Financial Aid Office.

3. The student must be enrolled at least half-time (6 hours).

4. Financial Aid must have received the student's loan check.

Summer Aid

Any student wishing to apply for summer financial aid must complete a Summer Supplement application. These applications are available in the spring. A separate budget is calculated based on which terms the student is attending. A student who wishes to apply for loan funds must complete a separate loan application. The amounts will vary based on the balance of the academic year loan eligibility that was not borrowed during the previous 9 month award period.

Scholarships for Entering Students

The School of Law has more than eighty scholarships available for each entering class. Some scholarships are designed to promote academic excellence; others have been established to encourage student body diversity and to assist those in financial need. These scholarships range in value from $1000 to a full scholarship covering tuition and fees and providing a book allowance.

Scholarship application forms are included with this catalog. In the case of entering students, completed forms should be returned with the admission application by February 3.

Scholarships for Advanced Students

Additional scholarships are available for students in their second or third year and these scholarships are awarded on the basis of academic performance and financial need. Applications from advanced students should be returned to the Law School by May 15.

Endowed Scholarships
Alvin R. Allison Scholarship
Durwood H. Bradley Scholarship (given by Mrs. Durwood H. Bradley, Lubbock)
Kenneth H. Burns Scholarship
Robert Guy Carter Scholarship (given by Carter, Jones, Magee, Rudberg & Mayes, Dallas)
R. Guy Carter Scholarship (given by R. Guy and Phyllis Carter)
Christian Legal Society Leader's Scholarship (given by Kevin '96 and Ginger '95 Nelson, Amarillo)
William C. Clark Scholarship (given by Mrs. J. C. Clark and David G. Clark, Lubbock)
Coleman-Hall Presidential Scholarship (given by Tom G. Hall '82 of Ft. Worth)
Brad Crawford Memorial Scholarship (given by friends and family)
Crenshaw Memorial Scholarship (given by the Crenshaw family)
Faculty Minority Scholarship
First Graduating Class Scholarship
Tom and Lisa Hall Scholarship (given by Tom '82 and Lisa Hall, Ft. Worth)
Dr. Arthur G. Hansen Scholarship (given by Dr. Hansen and W. Stephen Rodgers '79 of Bryan)
Richard W. Hemingway Scholarship (given by former students and friends)
Junell Family Presidential Scholarship (given by Frank Junell, San Angelo, and sons Robert '77 of San Angelo and Dan '85 of Austin)
John E. Krahmer Scholarship (given by the Texas Association of Bank Counsel)
George H. Mahon Fellowships (given by the Litton Foundation)
Owen W. McWhorter Scholarship
Owen W. McWhorter Tuition Scholarship (given by Lubbock Area Foundation)
Joe H. Nagy Scholarship (given by the Nagy family)
G. Hobert and Aileen Hackney Nelson Scholarship (given by the Nelson family)
Harold and Marilyn Phelan Presidential Scholarship (Lubbock)
W. R. Quilliam Scholarship (given by W. Reed Quilliam, Jr.)
W. Reed Quilliam Jr. Presidential Scholarships (given by Phil '71 and Ruth Adams and other friends of Prof. Quilliam)
Runge­Howard Scholarship (given by Barbara K. Runge '74 and Rusty Howard, Houston)
Travis Shelton Scholarship (given by Texas attorneys).
W. F. Shiver Scholarship (given by Judge David E. and Larisa Shiver Keltner '86, Ft. Worth)
Edward R. and Jo Anne M. Smith Scholarship (Lubbock)
John H. Splawn, Jr. Memorial Presidential Scholarship (given by John '74 and Carolyn Simpson, Lubbock)
Curt F. Steib, Jr. Memorial Scholarship (given by the Steib family and friends)
Texas Bank Lawyer Editor Fellowship (given by Lubbock National Bank)
Texas Tech Law School Freedom Scholarships (given by Martin B. Leewright '85)
Texas Tech University Presidential Scholarship (given by the Law School Foundation trustees)
W. D. Wilson Memorial Scholarship (given by the Wilson family)

Named Scholarships
Abilene Christian University Presidential Scholarship
Angelo State University Presidential Scholarship
Austin College Presidential Scholarship
Fulbright & Jaworski Law Review Scholarship (Houston)
Hardin Simmons University Presidential Scholarship
Lamar University Presidential Scholarship (given by Susan A. '84 and Jimmy D. '83 Hulett, Jr., Roger '95 and Sharon McCabe, and Mitchell A. Toups '83, Beaumont)
Lubbock Christian University Presidential Scholarship
MacLean & Boulware Scholarship (Cleburne)
McMurray University Presidential Scholarship
Midwestern State University Presidential Scholarship
Prairie View A&M University Presidential Scholarship
Scott, Hulse, Marshall, Feuille, Finger & Thurmond Law Review Scholarships (El Paso)
Stephen F. Austin State University Presidential Scholarship
Strasburger & Price Law Review Scholarship (Dallas)
Texas A&M University Presidential Scholarship
Texas Tech Law School Foundation Law Review Scholarship
Texas Wesleyan University Presidential Scholarship
Thompson & Knight Law Review Scholarship (Dallas)
University of Texas at El Paso Presidential Scholarship
University of Texas-Pan American Presidential Scholarship
West Texas State University Presidential Scholarship

Other Scholarships
Judge E. H. & Hortense Boedeker Scholarship (given by the Lubbock Woman's Study Club Foundation)
Crenshaw, Dupree & Milam Scholarship (Lubbock)
El Paso Bar Auxiliary Scholarship
Gardere & Wynne Scholarship (Dallas)
Gibson, Ochsner & Adkins Scholarship (Amarillo)
Lawrence F. Green Memorial Scholarship (given by John F. Maner, Lubbock)
Richard Keen Scholarship (given by Richard Keen '77 Odessa)
Texas Tech Law School Alumni Association Scholarship
Texas Tech Law Partners Scholarship
John E. Thomason Memorial Scholarship (given by William L. '73 and Martha Thomason, Colorado Springs)

Loans

The Office of Student Financial Aid of the University administers numerous student loan funds to help students in paying their college-related expenses, including loan funds available solely to law students. To receive full consideration for all programs, a student should begin the financial aid process as soon as possible after January 1. Applications for financial aid are available in person at the Law School or by writing to the Director of Student Financial Aid, Texas Tech University, Box 4179, Lubbock, TX 79409.

The Law School also has several loan funds which provide short-term or emergency financial aid to law students. The following loan funds are available:

Alvin R. and Aletha Faye Allison Loan Fund
Judge Dan Blair Loan Fund
Josie Bubany Memorial Loan Fund
Hunt, Raschke, Robinson, and Weinstein Loan Fund
Judge Marvin Jones Loan Fund
Judge E. E. Jordan Loan Fund
Victor H. Lindsey Memorial Fund
Drew Simpson Memorial Fund
Texas Tech Law Review Scholarship and Loan Fund
E. Wayne Thode Memorial Loan Fund