Financial Aid Authorization 2016-2017: Fill & Download for Free

I suggest you research four questions:Which colleges in New York, strong in CS, can your parents afford without your taking out excessive student loans?Which colleges in New York, strong in CS, will accept you? An app, schoold, can give you an idea whether or not a school will accept you. (I learned about this on Quora. I haven’t seen it in use yet.)Which colleges in New York, strong in CS, want you as a student? (If they want you, they will be more generous with financial aid.)Which colleges in New York, strong in CS, are well connected to the business community through their Career Services?By the time you answer these four questions you are going to have a very short list of schools.I recommend the book, “Right College, Right Price,” as a starting point. It should be available at your library. Start by doing the “affordability” exercise with your parents. The author explains how to find a school that wants you. Ignore the advice in the book about student loans. The author is much too generous with “other people’s money.”You have identified a marketable major. That is one piece of a very complicated puzzle. Now, with your parents help, you need to create a financial plan for the entire term of your degree—four years? FAFSA4caster will help you estimate the financial aid you can expect.One last note:File your FAFSA as soon as possible after September 30, 2016 for the 2017–18 school year.

Could we please have the source of your claim that most “wealthy UN states” only give paltry sums? What level of funding do you consider paltry?There is also the question of whether by “Palestine” you mean the Palestinian Authority which currently controls only the West Bank, the UN refugee agency, UNWRA, which runs major food-distribution and education programs in the Gaza Strip (since Hamas, the terrorist organization that controls the Gaza Strip, prefers to spend money on terrorist activities and not on looking after the local population), or indeed Hamas, which most Western nations don’t fund but some Arab “wealthy UN states” do.I’ve looked up the levels of funding and find the following:A Wikipedia article updated to 2013 states, with detailed sources, that “From 2000 the European Union had provided over €1.6 billion to UNRWA, a relief and human development agency primarily aimed to help Palestinian refugees and other segments of Palestinian society, beside additional financial aid to Palestinians. In 2013 UNRWA received $294m from the US, $216.4 million from the EU, $151.6 million from Saudi Arabia, $93.7 million from Sweden, $54.4 million from Germany, $53 million from Norway, $34.6 million from Japan, $28.8 million from Switzerland, $23.3 million from Australia, $22.4 million from the Netherlands, $20 million from Denmark, $18.6 million from Kuwait, $17 million from France, $12.3 million from Italy, $10.7 million from Belgium as well as $10.3 million from all other countries, totaling just over $1 billion in 2013.” International aid to Palestinians - WikipediaFrom a Feb. 2016 summary of Western aid to the Palestinians: “the U.S. government alone provided the Palestinians with an amount of $408,751,396 in 2014. The European Union contribution in 2014 was $139,402,221; the United Kingdom’s $95,328,127; Sweden’s $79,975,260; Germany’s $54,838,742 and Norway’s $35,911,782. Together, with other western governments including Japan, Switzerland, Australia, Netherlands, Denmark, France, Italy, Belgium, Finland, and Ireland, the total came to over $1 billion. That amount reflects only government contributions and not non-governmental agencies (NGO’s). Global Humanitarian Assistance reported that the international humanitarian response from 2002 to 2011 provided the West Bank and Gaza Palestinians with $6.7 billion.” Funding of the Palestinian Authority -- and Fueling Terror.Note that those figures do not include contributions by NGOs, only by governments - I couldn’t tell if they include contributions by governments to the main NGO providing assistance, UNWRA.A report to Congress by the US Congressional Research Service, dated December 2016, states that “Since the establishment of limited Palestinian self-rule in the West Bank and Gaza Strip in the mid-1990s, the U.S. government has committed more than $5 billion in bilateral economic and non-lethal security assistance to the Palestinians, who are among the world’s largest per capita recipients of international foreign aid.” https://fas.org/sgp/crs/mideast/RS22967.pdf . Note the bit about the Palestinians being among the largest per capita recipients of international aid.The 27-page report has a detailed breakdown of where all that money has been paid to. Especially interesting (p.14 of report): in FY 2014 the US stopped paying money to the PA and instead paid it directly to the creditors the PA owed money to - such as East Jerusalem hospitals, the Israeli electricity company which supplies most of the West Bank’s electricity and was routinely not getting paid for it, etc. Conclusion: they realized that giving funds directly to the PA doesn’t work well because Abbas and other officials divert large amounts to their own personal Swiss bank accounts and to the financing of terrorism (see below), and don’t pay for the basic services to their population.So if you thought the international community only provides paltry sums because, hey, the West Bank and Gazan economies haven’t improved much in all these years so they can’t have been getting much money: wrong. The problem is that:Hamas channels the money it gets (from non-Western nations mainly) into buying weapons to fire against Israel, building underground tunnels under the border into Israel in order to attack civilian villages within Israel, building underground command centres, preferentially under hospitals and schools so that Israel will be deterred from attacking them, etc. etc.; and of course turning its top officials into billionaires.The PA officials also want to be billionaires - Abbas is supposed to be personally worth a few billion, as was Arafat, and they certainly didn’t earn it themselves. The other thing they do is to fund terrorism by paying a “salary” to every Palestinian who commits an attack against Israelis, and a “pension” to the family of every Palestinian who gets killed committing such an attack. Yes, they ensure that it pays more to go stab an Israeli than to try to find a job in the economy they aren’t developing or a manual-labor job in Israel (legally if they can get a work permit, else illegally). Even if you spend 10 years in an Israeli prison, your family will get the money and you yourself will eat better there than in poverty at home.Figures: “According to Palestinian Media Watch (PMW), the amount of money allocated by the PA for payments to terrorists jailed in Israel rose 13% this year to $158 million — compared to $135 million in 2016. During the same time frame, disbursements for family members of dead terrorists increased by 4% — to $197 million from $183 million. Overall, PMW said, the PA is spending $355 million this year on the direct funding of terrorism.” Palestinian Authority’s 2017 Budget Shows ‘Huge Increase’ in Funding for Terror Payments. That’s around a third of a billion dollars per year on direct funding of terrorists.If that’s what they do with the money, the question is not why the West spends such “paltry” sums on them, but why it funds them directly at all - why more of the aid countries don’t do what the US has done and pay the PA’s bills instead of giving them the money that will be diverted away from supporting their population.

Q. How much is the 3 year tuition at Stanford Law?Cost of Attendance | Stanford Law SchoolTuition Top Law SchoolsPriciest Public Law SchoolsStanford Law School Financial Aid7 Ways to Figure If Going to Law School Is Worth It (Bankrate)Is Going to Law School Worth It? Depends on Where (Investopedia) - Bureau of Labor Statistics in 2015 had the top 10% of lawyers earning more than $187,200. All told, it is not uncommon for a law school graduate to enter the working world with a net worth of negative $250,000. Ideally, recent graduates should earn yearly salaries equal to or greater than their total student debt. This level of pay usually allows for paying off student loans within 10 years without materially affecting a person's lifestyle.Cost of Attendance | Stanford Law SchoolTuitionTuition for 2016-17 totals $56,079. Tuition is due in October, January, and April.Cost of LivingFor single students, room and board in university residences costs approximately $23,205 for the 2016-17school year. Required books, if purchased new, cost about $1,530 a year. Local costs for transportation, clothing, recreation, and the like tend to vary. Most single students find they need to budget a total of at least $88,169 for the school year.Laptop ComputersStudents are required to have laptop computers and are advised to have a printer and modem, as well. In addition to using the laptop to write papers and create spreadsheets, students will have the opportunity to take examinations on laptops and will receive administrative notices only via electronic mail. Students may purchase a laptop from the Stanford Bookstore through a special program with the law school. Students who must purchase a laptop to meet this requirement are eligible to have their financial aid budgets increased by as much as $3,300. Only specific computers meet the needs of the law school’s computing systems.Do the math!JD Financial Support | Stanford Law SchoolFinancial Aid Yellow Ribbon Program FormsLoan Repayment Assistance Program (LRAP)CSS Profile ApplicationFree Application for Federal Student Aid (FAFSA)Financial AidStanford Law offers financial aid is to assist students who would otherwise be unable to pursue a legal education at SLS. Approximately 78 percent of the student body receives a tuition fellowship or loan assistance, with the average fellowship portion per recipient totaling about $23,000 annually. Aid is awarded on the basis of demonstrated need and is provided through a combination of tuition fellowships, government guaranteed loans and private loans.To apply for financial aid, please complete the Free Application for Federal Student Aid (FAFSA) and the CSS Profile application. The FAFSA should be completed as soon as possible after January 1. A service of the U.S. Department of Education, FAFSA is free to all applicants. Please note that the Title IV School Code for Stanford Law School is E00341 and our CSS Profile code is 7832. To receive an aid package prior to the May 1 admissions response deadline, you must complete both applications by March 15, 2017.In general, the financial award system operates as follows:Each year the school determines a standard budget to cover basic costs (tuition plus living expenses).Each student’s need is calculated by subtracting reported resources from the standard budget. These resources include one–third of reported assets; 57% of summer gross earnings over $6,000; assumed earnings of spouse (if married); and an imputed parental contribution (based on the CSS Profile analysis) if the student is dependent.Each student is then expected to borrow or otherwise raise a portion of this need, with the remainder being an outright grant, subject to a limit of full tuition.Financial aid is evaluated annually. Therefore, one cannot be guaranteed the same level of aid over three years of attendance.Stanford Law School uses an age-based test to determine the dependency percentage from your parent contribution. Unless you are 29 years of age as of September 1, financial resource information from your parents must be submitted on the CSS Profile application. Parental information is never required on the FAFSAfor graduate students.Under our policy guidelines, the following rules apply:If you are 25 or younger as of September 1, we will take into consideration the full extent of our calculated parental contribution when determining your eligibility for our need-based scholarship assistance.If you are 26 as of September 1, we will protect 25% of your calculated parental contribution and use only 75% of that contribution when determining your eligibility for our need-based scholarship assistance.If you are 27 as of September 1, we will protect 50% of your calculated parental contribution and use only 50% of that contribution when determining your eligibility for our need-based scholarship assistance.If you are 28 as of September 1, we will protect 75% of your calculated parental contribution and use only 25% of that contribution when determining your eligibility for our need-based scholarship assistance.If you are 29 as of September 1, no parental resources are considered when determining your eligibility for our need-based scholarship assistance. Therefore, you need not submit any parental financial information to CSS Profile.Loans available to law students come primarily from three governmental programs: Federal Perkins Loans, Federal Direct Unsubsidized Stafford Loans, and Federal Direct Graduate Plus Loans. All graduate and professional students are independent for purposes of determining federal loan eligibility.Additional financial aid information is provided in the School’s Financial Aid Handbook.2016-17 FINANCIAL AID HANDBOOKYellow Ribbon ProgramThe Post-9/11 GI Bill, also known as Chapter 33, is the most commonly used VA educational benefits program at Stanford. This program provides funding for tuition, required fees, books, and housing. The level of a qualifying veteran’s Chapter 33 benefits is determined by the length of military service since 9/11/2001. For the 2016-17 academic year, the base benefit for tuition and fees is capped at $21,970.If you qualify for Chapter 33 benefits at the 100% level, you will receive additional funding through the Yellow Ribbon Program. Under this program, Stanford Law provides an annual contribution to supplement the Chapter 33 base tuition benefit. The VA matches Stanford’s Yellow Ribbon contribution. For the 2016-17 academic year, Stanford Law’s annual Yellow Ribbon contribution for students will be 50% of the remaining tuition and fees with the VA providing the other 50% — together covering the full costs of tuition and fees.Most VA educational benefit programs pay benefits directly to students on a monthly basis. However, under the Post-9/11 GI Bill (Chapter 33), the VA sends tuition and fees benefits to Stanford, where the Central Financial Aid Office is responsible for applying the funds to the student account (university bill). Chapter 33 books and housing benefits are sent directly to students monthly. You may need to apply your housing benefits to the university bill to pay for on-campus room and board.FormsThe following forms will be provided by the Office of Financial Aid as necessary but are available here if additional copies are needed:Continuing Student Financial Aid Supplement Form 2016-17Loan Memo 2016-2017Loan Comparison Chart 2016-2017Loan Request Form 2016-2017Expense Budget 2016-17Due to the nature of federal, state, and institutional guidelines, this information is subject to change without notice.Loan Repayment Assistance Program (LRAP)For graduates who take low-paying public interest jobs and have substantial educational debt, Stanford Law School offers the Miles and Nancy Rubin Loan Repayment Assistance Program — the most generous loan relief program in the country — along with a variety of other fellowships. Stanford Law was one of the first law schools in the country to launch such a program, setting the standard for schools that have followed our lead. Stanford Law makes loans to eligible applicants to help meet education loan payments. Loans made by Stanford through this program will be forgiven (up to 100 percent) depending on verification of participant income using federal tax returns. Visit the LRAP section of this site for additional information.7 Ways to Figure If Going to Law School Is Worth ItYour school's reputation"For the group of very select law schools at the top, the employment prospects are terrific," says Steven Harper, a former attorney and author of "The Lawyer Bubble: A Profession in Crisis." "Life can look awfully good, and it will be awfully good for the vast, vast majority of those people, but that's maybe 10 percent out of 200 law schools."There's a sharp discrepancy in job prospects between first- and lower-tier schools. When comparing U.S. News and World Report's top 20 law schools with institutions that landed in the 126-to-146 ranking range, students attending upper-echelon institutions were nearly twice as likely to hold full-time, long-term law jobs as their lower-tier counterparts. Students attending lower-tier schools were also about 2.5 times more likely to be underemployed.The Ivy League isn't the only ticket to a post-graduate job, says Kyle McEntee, executive director of Law School Transparency, an organization that helps students with the decision to attend law school, and provides employment and underemployment data on law institutions nationwide. Schools with a solid local reputation and strong ties to the community can be just as effective at finding work in that area.Your rankRegardless where you attend, your performance will be a factor for future employers. A study published last year in the Journal of Empirical Legal Studies shows that grades are "the most important predictor of career success," even more so than your school's reputation. The study, authored by law professors at UCLA and the University of Arizona, states that "... it is well known that judges care greatly about grades in choosing their clerks, professors care about grades in choosing their research assistants, and many employers insist on good grades in choosing new hires."Harper says that students who can stay above the bottom 25th percentile in GPA have the best shot at landing a job that pays enough to repay student loans."You have to be really honest and realistic with yourself about 'how well am I going to stack up against my peers?'" he says. "You have a very hard time convincing anybody, I think, who's entering law school that they'll ever wind up below the median, much less below the 25th percentile in anything, whether it's practicing law or something else, but guess what? That's just mathematics. There's an honest self-reflection that has to happen."Your specialtySome legal fields are hotter than others, which may explain why schools like New York University are changing their curricula to focus more on specializations. A study by Robert Half Legal of 200 attorneys in hiring positions revealed that litigation, business, commercial and health care law are expected to offer the greatest number of jobs.Leslie Levin, associate dean for academic affairs at the University of Connecticut School of Law, says that students can increase their marketability by having a clear idea of the law field they'd like to practice and by taking relevant courses and pursuing externship opportunities."Focusing on an area in which the student would like to practice and then positioning him or herself as somebody (who) is knowledgeable in that area will increase their employability," she says. "So, for example, if somebody gets a tax certificate, they are going to be more appealing if they want to go to a firm or the government and practice tax than somebody else."Summer associate gigs help, too. More than 90 percent of law students who held summer associate positions in 2012 were offered entry-level positions after graduation, reports the National Association for Law Placement.Your expectations"(Students) should think foremost on why they want to be a lawyer," says Andrew J. McClurg, author of "1L of a Ride: A Well-Traveled Professor's Roadmap to Success in the First Year of Law School." "If their only reason was to make a whole lot of money, that was never a good reason, even when the economy was great."Many students have unrealistic expectations about post-law school life and few have a clear picture of the daily lives of practicing attorneys, says Levin. Some don't know that they may not use their J.D. A survey by the NALP shows that 1 in 5 2012 graduates worked in a nonlegal profession or held jobs where a degree might have been an advantage or requirement, but passage of the bar was not required.The best way to understand what attorneys do is by observing them first-hand, she says."Even in college, people often will get part-time jobs in law firms. They can volunteer for organizations where lawyers are working and doing public interest work. They should talk to lawyers; if they know lawyers, they can shadow lawyers," she says. "The one thing they shouldn't do is assume that what they are seeing is the entire range of what lawyers do."Your connectionsGetting into a good school and acing your classes is only half the battle. The law grads who are getting jobs are the ones who have spent time hobnobbing with future employers, says McClurg."Joining student organizations and going to bar functions and putting yourself out there and making connections, other than your academic record, that's really one of the only things you can do" to increase your marketability, he says.That also means remembering that you may not be able to get a job in your first choice of legal field, says Blair Gould, a third-year law student at Wayne State University who's primarily interested in corporate and real estate law but is also gaining litigation experience."People need to continuously be diversifying their legal skill set," he says. "Take advantage of any kind of connections you can make and join any civic or social organization you can because all of those things will come into play eventually. You never know what's going to happen in the future."Your financial prospectsNearly 9 out of 10 third-year law students advise those considering law school to consider an institution's financial aid package before enrolling, reports Kaplan. That's because how much you borrow will largely determine where you work after graduation.Median starting salaries at law firms clock in at $90,000 per year -- a 28 percent drop since 2008 -- but not every lawyer is bringing home the big bucks. Median salaries at public interest organizations hovered at $44,600 annually, while judicial clerks and government employees earned $52,000. That's barely enough to cover the $558 monthly student loan payments public law students face if they borrow the average $76,000 in loans at an 8 percent interest rate over a 30-year period. On the flip side, the median salary at large firms is $160,000.The good news is that more than 100 law schools offer loan assistance and forgiveness incentives, reports Equal Justice Works, and public interest workers may be eligible for accelerated federal loan forgiveness. Scholarships also abound, but read the fine print, warns McEntee."Oftentimes scholarships come with stipulations, and stipulations are difficulties," he says.Your goalsIf working in the legal profession is what you want to do for all the right reasons, debt and employability statistics shouldn't derail you, but they should be a consideration, says Levin. To keep financial figures in check, Levin recommends that students consider lower-cost state schools or attend law school part time. They should also do some serious research to ensure they understand what attorneys do, the variety of contexts in which they work and whether they would be a good match for the legal profession."If (being an attorney) is really what makes you happy, it may take longer to pay off the debt, but that doesn't mean it's not worth it," she says. "(Whether law school pays off) really depends on what you hope to get out of your law degree and what you want to do with your life."Read more: http://www.bankrate.com/finance/college-finance/going-to-law-school-worth-it-1.aspx#ixzz4XVp2B6s2Follow us: @Bankrate on Twitter | Bankrate on FacebookIs Going to Law School Worth It? Depends on WhereBy Greg DePersio | Updated January 26, 2017 — 6:00 AM ESTA 2015 study by the Access Group Center for Research and Policy Analysis found that only one in five people who graduated from law school between 2010 and 2015 strongly agreed that obtaining a law degree was worth the cost. Perhaps more troubling, only 38% of law school graduates, down from 56% between 2000 and 2009, described themselves as having a good job after graduation.With four out of five recent law school graduates at least somewhat regretting their decision to attend – and six out of 10 failing to find a good job after graduating – it makes sense to examine whether going to law school is still worth it in 2017. Keeping in mind the high tuition costs, interest rates and potential salaries, another good metric to consider would be its ROI (return on investment), calculated as its salary-to-debt ratio in a new study by online lender SoFi.Law School CostsGoing to law school full-time requires a three-year commitment, and the average tuition and fees for just one of those years at an American Bar Association-accredited institution often exceeds $40,000. This cost does not include rent, food, transportation and other living expenses. As the law school workload does not permit most students to hold jobs, student loans represent the most common method of paying these costs. Consequently, the average law school graduate in 2015 took on over $140,000 in student debt to obtain his or her degree.For many students, student loan debt accumulates on top of debt they already carry from undergraduate school. Members of the class of 2016 graduated college with over $37,000 in student debt on average. While most lenders allow the deferment of undergraduate loan payments while attending law school, any unsubsidized portion of such debt continues to accrue interest. All told, it is not uncommon for a law school graduate to enter the working world with a net worth of negative $250,000.Expected SalaryTaking on such debt might be a smart investment if a law degree provided reasonable assurance of a high-paying job. Ideally, recent graduates should earn yearly salaries equal to or greater than their total student debt. This level of pay usually allows for paying off student loans within 10 years without materially affecting a person's lifestyle.Stories abound, however, of law school graduates struggling to find any sort of legal job, much less one that enables the repayment of student debt in a timely manner. The New York Times revealed in 2015 that more than 20% of graduates from the class of 2010 held jobs that did not require law degrees. Only 40% worked in law firms, compared to 60% from the class of 2000. The remainder operated solo practices, with varying degrees of success, or performed contract work.The SoFi study, which incorporates data from student-loan refinancing applications between Jan. 2014 and Dec. 2016, shows that some schools do better than others when it comes to both job placements and salaries. Looking at students three years out of law school, Cornell University, Columbia University and New York University take the top three spots in the SoFi study with average salary paid in excess of $177,000. Consider that the Bureau of Labor Statistics in 2015 had the top 10% of lawyers earning more than $187,200.For the Class of 2015, Columbia University saw 401 out of its 413 graduates find full time jobs; at New York University the numbers were 474 of 485. In some cases, of course, students may choose to put off those high-money jobs for prestigious public service spots: In 2015, 99 of 199 Yale Law School graduates were employed in clerkships, which paid a median salary of $69,000 (Yale ranks 8th on the SoFi list for salaries).Graduates of second-tier programs often settle for work outside of top law firms, where the pay is much lower. The 2015 median pay for law school graduates across the board was only $64,800. Idealistic young attorneys who choose public service fare even worse financially. Entry-level district attorneys earn a median pay of $37,000; public defenders do slightly better at $40,000.Schools with the Best Salary-to-Debt RatioEven new lawyers who land good jobs rarely receive paychecks commensurate with their debt levels. The SoFi analysis also ranks law schools based on which offer the best value defined by their salary-to-debt ratio. That figure is an indication of how much more your potential salary could exceed your potential debt and help make a more informed decision about whether law school is worth it.Brigham Young University takes the number-one spot: With students expecting an average salary of $108,000 and holding an average debt just below $65,000, the school has an impressive 1.7x salary-to-debt ratio, making it a a good value-for-money bet. University of Texas at Austin, comes in second with the ratio at 1.4x on the back of lower debt burden thanks to its relatively cheaper tuition. Yale Law School ranks third – not just because of higher salaries graduates get compared to the top two on this list ($177,771; BYU is $64,873 and UT, $147,44), but also because of its generosity with financial aid.Opting for schools that fare poorly on this metric could cost you. Take for example, Florida Coastal School of Law, which ranked lowest on the SoFi ROI list, with a salary-to-debt ratio of 0.5x. Let's break down the numbers: The school's tuition, $44,000, is at par with some of the top schools in the country. Students graduate with $158,427 in debt (considerably higher than the $123,793 Yale grads have), but the average annual salary for graduates is only $84,664.Other ConsiderationsThe numbers do not consider the financial risk of being a law school dropout. The first-year law school attrition rate nationwide is nearly 7%. A handful of law schools lost over 30% of their first-year students in 2015. Enrolling in law school but failing to finish offers no greater marketability than a bachelor's degree. It does, however, substantially add to a person's debt load.All told, the decision to attend law school is one that should be approached with great consideration. Indeed, 1% of attorneys have successful, high-paying careers. Supply and demand dynamics, however, have changed considerably since the 1980s, with fewer high-paying, entry-level jobs and many more law school graduates chasing those jobs. Pile on tuition costs – which, for decades, have risen at three times the inflation rate – and going to law school is not the financial no-brainer that it once was. For more on the choice, see Career Advice: Accounting vs. Law and Career Advice: Investment Banking vs. Law.Read more: Is Going to Law School Worth It Anymore? | Investopedia http://www.investopedia.com/articles/personal-finance/082416/going-law-school-worth-it-anymore.asp#ixzz4XVq64gcoFollow us: Investopedia on Facebook