The law school’s financial aid office will review your application and calculate your eligibility for the various forms of financial aid from all sources. It is important to carefully review your package and to understand the terms and conditions of all aid offered to you. All applicants for federal student loans must complete the Free Application for Federal Student Aid (FAFSA). If you plan on attending law school on or after July 1, you can apply for federal financial aid through the FAFSA form after January 1 of the same calendar year. Your financial need is the difference between your resources and the total cost of attendance. Your unmet financial.