Tuition and Financial Aid
Pepperdine Caruso School of Law’s Master of Legal Studies (MLS), Master of Dispute Resolution (MDR), and Master of Laws (LLM) in Dispute Resolution students are charged tuition on a per-unit basis. The current rate of tuition for the 2020–2021 academic year is $2,180 per unit. Both the MLS and MDR programs consist of 32 units, totaling $69,760 under current tuition rates. The LLM in Dispute Resolution program consists of 26 units, totaling $56,680 under current tuition rates. Pepperdine Caruso School of Law tuition rates are reevaluated each year.
A number of financial resources may be available to students in the online Master of Legal Studies, online Master of Dispute Resolution, and online Master of Laws in Dispute Resolution programs, including scholarships funded by professional organizations, employer tuition assistance, and student loans. Pepperdine students may be eligible to apply for the following loan options:
- Federal Direct Unsubsidized Loans: Students are potentially eligible to receive up to $20,500 per academic year in the Direct Unsubsidized Loan. The potential eligibility amount of the Direct Unsubsidized Loan is not based on need nor income.
- Federal Direct Graduate PLUS Loan: Graduate students who are eligible for funds beyond their annual Federal Direct Unsubsidized Loan amount may apply for this credit-based loan up to the Cost of Attendance budget.
- Private Loans: Students who require additional assistance may apply for education loans through private lenders.
Pepperdine Law scholarships are also available. Applicants to all three programs are automatically considered for a scholarship—no additional application is required.
Applying for Financial Aid
Candidates who intend to seek financial aid should apply at the same time they complete their program application. To apply for federal student aid, complete the Free Application for Federal Student Aid (FAFSA). Pepperdine Caruso School of Law’s institutional code is 001264.
Financial aid decisions are sent out after admissions decisions. The FAFSA must be completed each academic year in order to remain eligible for federal student aid.
Law@Pepperdine Financial Aid Checklist
Follow these steps to apply for federal student aid:
- Complete the Free Application for Federal Student Aid (FAFSA). Include the Pepperdine University federal school code:001264.
- Sign the FAFSA electronically using your Federal Student Aid (FSA) ID. You can create an FSA ID on the Federal Student Aid website, or when logging into the FAFSA.
- If you wish to receive the Federal Direct Unsubsidized Loan, complete Entrance Counseling and electronically sign the Loan Agreement Master Promissory Note (MPN) at StudentAid.gov.
- Both the Entrance Counseling and MPN must be completed in order for funds to be disbursed to your student account at Pepperdine.
- If you have previously borrowed federal student loans, be sure to update your lender(s) with contact information and enrollment status (for loan deferment purposes). Loan servicer contact information can be found on the National Student Loan Data System (NSLDS).
- Evaluate your need for additional funding such as the Federal Direct Graduate PLUS Loan through the Department of Education, or private education loans through various lenders of your choice.
Note: The Direct Graduate PLUS Loan is credit-based. Please visit StudentAid.gov for detailed information regarding PLUS loan credit requirements.
- Prior to borrowing through the Federal Direct Graduate PLUS Loan program, you may need to review your credit reports for potential issues. Contact any of the following credit bureaus for information: Experian, Equifax, or TransUnion.
- The Graduate PLUS Loan credit decision expires within 180 days from applying.
- Once you have made the decision to apply for the Federal Direct Graduate PLUS Loan, complete the Direct PLUS loan request.
- If approved for the Direct Graduate PLUS Loan, complete a separate Loan Agreement (MPN).
- If declined for the Direct Graduate PLUS Loan, you can re-apply with a co-signer (endorser) or appeal the denial through the Department of Education.
- After your financial aid file is complete, and upon acceptance to the program, you will be notified via email that your Financial AidPackage is available for you to review via WaveNet to accept your aid(s).
- For information regarding your financial aid package please contact the Office of Financial Assistance.
- Visit StudentAid.gov for more information on Federal Student Aid Programs.
Learn more detailed information on Federal Student Aid programs at studentaid.ed.gov.