Financial Aid

Welcome

Our goal in the Financial Aid Office is to streamline and simplify the financial aid process. Use the links on the left to find everything you need to apply for financial aid. If you do not find the answers to your questions, you are encouraged to call, email, or visit the Financial Aid Office.

Address:

400 Mrak Hall Drive
UC Davis School of Law
Office of Financial Aid
Davis, CA 95616-5201

Email: financialaid@law.ucdavis.edu

Phone: 530.752.6573

Office Hours:
Office: 1380 King Hall
Phone: 8:15 a.m. – 5:00 p.m. Monday – Friday
Open Door: 9:00 a.m. – 4:00 p.m. Monday – Friday

Federal School Code: 001313

March 2, 2012 is the priority deadline to receive full consideration for UC Davis Grants, and Federal Direct Loans.

Entering and Transfer Students must file the FAFSA External Link and Need Access Application on or before March 2, 2012. Parent income is required on the Need Access application. You are not required to provide parent income on the Need Access application if you meet one of the following criteria:

Natural parents are deceased;
Student is 30 years of age or older by December 31, 2012;
Student is a veteran;
Student is married;
Student has legal dependents

Continuing Students must file the FAFSA on or before March 2, 2012. File the Need Access Application if you did not do so during your first year of law school.

Visiting or Non-Matriculating Students apply for financial aid through the law school from which the student will earn the Juris Doctor degree and pay tuition to UC Davis.

All Students must accept 2012-2013 Financial Aid and submit supporting documents to the Law Financial Aid Office by Monday, July 16, 2012 (postmark deadline).

My Awards

Help Americans Manage Student Loan Debt Fact Sheet about Special Direct Consolidation Loans and other repayment tools for borrowers (October 25, 2011)

Letter from President Yudof About 2011-2012 Fee Increases PDF File (July 27, 2011)

Class action notice to University of California Students in Law, Business/Management, Medicine, and Veterinary Medicine PDF File (April 7, 2010)

The Budget Control Act of 2011

On August 3, 2011 Congress passed and President Obama signed the Budget Control Act of 2011 that resulted in cuts to federal programs. There will be changes to the federal student loan programs beginning July 1, 2012.

In the President’s 2012-2013 budget proposals in March 2011, he recommended the elimination of the interest subsidy of the Subsidized Federal Direct Loans for Graduate and Professional students. Section 502 of the new law eliminates the Subsidized Federal Stafford Loan for graduate and professional students beginning July 1, 2012 (Academic year 2012-2013).

The elimination of the in-school interest subsidy for post baccalaureate professional degree students will mean that among those who need to borrow at the current level of $8,500 per year, the cost of doing so will rise. For example, a UC Davis Law student who borrows for the first time in 2012-2013 and the following two years to obtain a law degree, the additional monthly obligation will be approximately $28.55 per month totaling about $3,426 additional dollars if the borrower takes the full ten years to repay the loan. For a second or third year student the cost will be substantially less.

Another provision of the Budget Control Act also increases costs to borrowers, but less so than the interest subsidy elimination. To encourage borrowers to repay on time, the Department of Education previously provided a partial origination fee rebate and interest rate reduction. Under Section 503 of the new law, the origination fee rebate on each Stafford and Grad PLUS loan, whether unsubsidized or subsidized, will be eliminated.

Currently, there is a 1% fee on each Stafford loan and a 4% fee on each Graduate PLUS loan, but a portion of the fee is rebated at the time of disbursement, so the student effectively loses only 0.5% on Stafford and 2.5% on PLUS. Beginning July 1, 2012, the full fee will be charged.

The Department of Education will issue Regulations that address these changes in more detail. We will update this information as we receive details.