Financing Your Education and Satisfactory Progress Policy for Federal Financial Aid Awards
- Tuition for 2024-2025: $39,900.00
- Projected Living Expenses for 2024-2025: $29,600.00
Full-Time Schedule: The tuition for the fall of 2024 is $19,950 for 10-18 credit hours. For students taking below 10 hours, tuition is charged at $1,330 per credit hour.
Executive Schedule: The tuition for the fall of 2024 is $1330 per credit hour.
Flexible Schedule: The tuition for the fall of 2024 is $1330 per credit hour.
Students have six primary ways to cover their law school costs.
To qualify for any scholarship, students must meet all the general requirements for admission and have no impediment due to character or fitness issues. All scholarships are contingent on then current funding levels. Once admitted, the student will be contacted by the Faulkner University Financial Aid Office with additional information.
Merit-Based Scholarships
Faulkner Law offers merit-based scholarships to entering students on the basis of their LSAT score, undergraduate GPA, and demonstrated leadership and service. All applicants who are admitted as full-time students are automatically considered for these scholarships.
Mission-Based Scholarships
Faulkner Law also offers mission-based scholarships to students graduating from a participating Christian College or University.
Retention Scholarships
Second-year (2L) and third-year (3L) students may be eligible to receive endowed, need-based, merit or leadership scholarships, made possible through the generosity of the law school’s alumni and friends.
Payment Plans Through the Business Office
Your payment plan will be set up when you complete online registration for classes. If you have questions about this plan, please contact the Business Office at (334) 386-7172.
Military Benefits (G.I. Bill® or Yellow Ribbon Program)
If you qualify for military benefits, part of your tuition costs may be covered by the G.I. Bill® or the Yellow Ribbon program. Please visit Faulkner University's website for Military Students and Dependents.
Student Loans
Important: The first step in applying for student loans is to complete the FAFSA.
Two options for law school loans: Direct Subsidized Loans or Direct Unsubsidized Loans
For additional information, please contact Jeff Taggart, Associate Director of Financial Aid, at jtaggart@faulkner.edu.
Permission to Release Records Form (optional)
Additional Information
Loan Deferment: Once a GradPlus loan has been disbursed, it will be the responsibility of the student to put that loan in deferment by contacting the loan servicer.
We want to make you aware of a change to the William D. Ford Direct Loan Program by the recently enacted Budget Control Act of 2011:
Effective for loans made for periods of enrollment (loan periods) beginning on or after July 1, 2012, graduate and professional students are no longer eligible to receive Federal Direct Subsidized Loans. The terms and conditions of Direct Subsidized Loans received by any student for loan periods beginning before July 1, 2012, for either graduate or undergraduate study, are not affected by the change. Also, with the Unsubsidized Loan Program the federal government will not be paying the interest during in-school status, the 6-month grace period, and during authorized deferment periods.
Additional Links
NSLDS – National Student Loan Database System
Faulkner University’s Return of Funds Policy
Satisfactory Progress Policy For Financial Aid
After completion of one semester, a student must have attained a grade point average of 2.00 and must have successfully completed 80% of the academic hours attempted. If a student is below either the grade point average or completion percentage, then he/she will be placed on financial aid warning status. The student will remain on warning until the end of the second semester at which time a review of his/her cumulative GPA and pace will take place. If he/she has not attained a grade point average of 2.00 and successfully completed 80% of the academic hours attempted, then he/she will be suspended from receiving any Federal financial aid assistance.
- Attempted hours will include all hours appearing on the official academic transcript as attempted, including WPs, WFs, and Is.
- Any student placed on Warning will have one term of continued Federal Financial in which to achieve the academic criteria appropriate for the hours attempted at the end of the term of warning. Failure to do so subjects such a student to Financial Aid Suspension.
- Students may appeal their suspension status by completing the Financial Aid Suspension Appeal form and sending it, along with appropriate documentation, to the Director of Financial Aid.
- Any extension of Financial Aid beyond the Suspension term must be approved by the Financial Aid Director, in consultation with Jones School of Law.
- If a suspension appeal is granted, the student may be placed on Financial Aid Probation for one term. During that term, the student will receive all the financial aid for which the student is eligible. At the option of the University, the student whose suspension appeal is granted may be placed on an academic plan of one or more semesters. Such a plan would include specific targets for GPA and pace that must be met at the conclusion of each semester in order to receive aid.
- No student will be allowed to receive Federal Financial Aid for more than 150% of the hours required by the student's degree program.
Updated: September 17, 2024