Magazine Lists 50 Law Schools With Best Financial Aid Ratios
Posted Oct 10, 2008 3:29 PM CDT
By Martha Neil
A magazine for law students has made a list of the nation's 50 most generous ABA-accredited law schools, as far as their ratio of financial aid to tuition is concerned.
The National Jurist ranking—which puts Michigan-based Thomas M. Cooley Law School at the top of the list—is based on a ratio of how much they hand out in grants and scholarship, compared to tuition, explains the TaxProf Blog.
Cooley won top honors by a huge margin, with a ratio of 93.9 percent. It is followed by the University of Toledo College of Law in the No. 2 spot, at 61.4 percent, and Liberty University School of Law, in Virginia, at 51.2 percent.
Although a number of highly regarded state university law schools made the list, none of the nation's most renowned private institutions is included, presumably because of their hefty tuition costs.
Probably the best-known name on the list is the University of Virginia School of Law. It squeaked in at number 50, with a ratio of 23.2 percent.