Current federal law requires each eligible institution participating in Title IV federal financial aid programs to provide student financial assistance and other institutional information. Law students must adhere to the same policies and practices established by Saint Louis University as any other student including financial aid policies if they are receiving Title IV federal financial aid. This includes maintaining Satisfactory Academic Progress in order to be eligible for financial aid.
Each student has a right and responsibility for knowing the University policies, in addition to the policies established by the School of Law. The student is the borrower and, as such, the financial aid status of law students will only be discussed with the student.
As in other schools, the primary responsibility for meeting the educational and personal maintenance costs rests with the student. Financial aid is awarded to help in meeting direct educational expenses. The total amount of aid awarded cannot exceed the standard cost of attendance budget for a student at this law school. Students who plan to request financial aid through the federal government must submit a FAFSA. Falsification or misrepresentation of any part of the financial aid application or process will result in denial, withdrawal or required repayment of aid funds. Misrepresentation of information submitted on applications for federally sponsored funds will subject the filer to sanctions under provisions of the United States Criminal Code. Academic transcripts and enrollment verifications will be withheld for any student/graduate who defaults on University loans or federal loan aid directly administered by SLU LAW.
Law students are typically enrolled for a fall and spring semester with tuition billed one semester at a time. Bills for the fall semester are mailed at the end of July with payment arrangements due in August. Bills for the spring semester are mailed in December with payment arrangements due in January.
Financial arrangements for the Fall semester are due by August 1. For those student registered prior to July 1, semester billing statements will be mailed July 10. If students have not received a billing statement or registered after July 1, student can view their bills online. View the Bill Payment Suite Instructions.
Financial arrangements for the Spring semester are due by January 2. For those students registered prior to December 1, semester billing statements will be mailed out December 10. If students have not received a billing statement or registered after December 1, students can view their bills online. View the Bill Payment Suite Instructions.
Student who have not received a bill should also check their addresses on Banner Self-Service. Bills are mailed to the address type in this order: billing, permanent and then local. Update any old addresses and add your correct billing, permanent and local addresses.
There are three payment plans available for students:
1. Pay your semester bill in full to Saint Louis University. The balance can be covered in full by student aid, such as scholarships, remission and loans. No finance charge will accrue if the account is paid in full by the stated due date. Full payment for the fall semester is Aug 1; full payment for the spring semester is Jan 1.
2. Make monthly interest-free payments during the semester. If you choose this option, you will be assessed a per-semester fee of $75.00.
3. Make monthly payments during the semester. If you choose this option, you will be assessed a 1% interest charge each month on your unpaid balance.
Payment Due Dates
For either of the monthly plans, payment due dates are Aug. 1, Sept. 1, Oct. 1, Nov. 1 and Dec. 1 for the semester and Jan. 1, Feb. 1, March 1, April 1 and May 1 for the spring semester.
Choosing a payment plan
Typically, students with an outstanding balance of between $4,000 and $5,000 or more will benefit from choosing the payment plan with the enrollment fee (option 2). Students with smaller outstanding balances are more likely to benefit from choosing the payment plan with the 1% interest charge (option 3).
Under either payment option, a $50 late fee will be assessed each time a payment is submitted late. Students enrolled in the payment plan with the enrollment fee (option 2) will automatically be switched to the payment plan with the 1% interest charge (option 3) if they are late making more than one payment. Interest charges and late fees will not be assessed until after Sept. 1 for the fall semester.
All law students are expected to comply with the University's tuition payment schedule as published in the General University bulletin and listed on the tuition bill. Any student who fails to meet the University's announced deadline for the initial tuition payment will be dropped from their classes. When financial arrangements have been completed, the student may be re-registered and there is a $50 late registration fee that will be charged. There are no exceptions to this late registration fee.
Students who matriculate, pay the assessed tuition and then withdraw from the School of Law may be refunded a portion of the paid tuition. For the fall/spring semester, a student may withdraw up to the end of the second week of classes and be refunded 100% of the tuition charge; up to the end of the third week of classes will be 90%; up to the end of the fourth week of classes will be 80%; and, up to the end of the fifth week of classes will be 70%; at the beginning of the sixth week of classes no tuition will be refunded.
Students who drop classes during the fall/spring semesters and do not withdraw from the School may only receive a 100% refund in the difference in tuition costs during the first two weeks of classes. At the beginning of the third week of classes, there will be no tuition refunds for changing enrollment and dropping classes.
For the summer semester, a student may withdraw up to the point of the first week of classes and be refunded 100% of the tuition charge; up to the end of the second week of classes will be 80%; and up to the end of the third week of classes will be 60%.