Your eligibility for types of aid is determined by comparing your FAFSA determined expected family contribution (EFC) with your cost of attendance (COA). Financial aid “need” is the difference between your COA and your EFC. Due to program and funding limits, non-need types of aid may be offered in place of need-based aid. The total of all types of financial aid you receive cannot be more than your cost of attendance.

William Mitchell Scholarships

Eligibility is based on merit and is awarded through the Admission process. Awarded in amounts up to the total annual cost of tuition. Retention of William Mitchell Scholarships from one year to the next is based on meeting specific minimum GPA or rank requirements. See our Conditional Scholarship Retention data here.

Federal Work Study

Need-based. On or off – campus employment with a work-study employer allows you to earn a portion of your need-based financial aid eligibility.

Federal Perkins Loan

Need-based federal loan program. William Mitchell College of Law is the lender. Program funds are limited. Individual eligibility is limited to $4,000 per semester/$8,000 annually/$40,000 aggregate. First-time borrowers will receive an application /promissory note during New Student Orientation sessions. Repeat borrowers must update their promissory note in the Finance Office – located in the LEC building, room 276. Loan availability is subject to annual funding.

Direct Subsidized Loan-DISCONTINUED EFFECTIVE JULY 1, 2012

Need-based. Program funds are unlimited. Interest is federally subsidized. Individual annual eligibility is limited to $8,500/$65,500 aggregate, including undergraduate borrowing. First year students must complete an application and promissory note (eMPN) for the Direct Loan Subsidized/Unsubsidized Loan Program . All students must complete an online Direct loan program entrance counseling session. Visit studentloans.gov.

Direct Unsubsidized Loan

Non-need based. Program funds are unlimited. No federal interest subsidy. Individual annual eligibility is limited to a maximum amount of $20,500 minus any Subsidized loan funds. Aggregate limit is a maximum of $138,500 minus subsidized loan total. First year students must complete an application and promissory note (eMPN) for the Direct Loan Subsidized/Unsubsidized Loan Program. All students must complete an online Direct loan program entrance counseling session. Visit studentloans.gov.

Direct PLUS loan

Non-need based. Program funds are unlimited. No federal interest subsidy. Credit based. Individual annual eligibility is limited to the financial aid budget total minus the sum of all other financial aid eligibility. Requires annual application and credit approval. First year students must complete an application and promissory note (eMPN) for the Direct Grad PLUS Loan Program. All students must complete online Direct loan program entrance counseling session.

Off-campus sources of financial assistance

Need-based. Includes employer tuition assistance, DRS, VA, MN GI BILL, non-campus based scholarships, grants, tuition paid on student’s behalf.