Calculating Expenses

If you are dependent upon financial aid to attend law school, you are limited to the COA set by the institution. This means that all your living expenses must be within this amount.

Except for tuition expenses, the budget items below are estimates of reasonable attendance costs and form the basis of financial aid eligibility. If you are over budget in one area re-evaluate your spending to find possible savings and/or reduce your costs elsewhere to compensate. Budgets for Texas Law study-abroad programs vary and depend on location. Contact the Graduate and International Programs Office for more information. 

The budget contemplates shared living arrangements (i.e., sharing housing costs with at least one roommate.) When evaluating housing options, the Room & Board and Travel categories should be considered collectively. For example, using the Monthly Expense Worksheet (pdf), for leases that include utilities, you may effectively combine the Utilities and Internet categories with the Rent category. For nearby housing options (those within eight blocks of Texas Law) Travel allowance may be moved to the Room & Board category to help subsidize the typically higher cost of rent in the immediate vicinity. 

Careful planning is key to financial success. You should estimate your own expenses before signing a lease or making other financial commitments. 

Fill out the Monthly Expense Worksheet (pdf) and compare your estimated expenses with Living Expense Allowance in the table below and reduce your living expenses if necessary.

Estimate Your Personal Expenses

Estimated Academic Year Budget 
 Texas ResidentNon ResidentYour Personal Estimated Expenses
Multiply Monthly Expenses x 9
Health Insurance----$
Books & Supplies*$1,500$1,500$
Room & Board*$15,392$15,392$
Loan Fees*$1,090$1,780$
Living Expense Allowance$23,610$24,300$
Total Budget$60,039$78,396$

 * The numbers for 2021-22 will be finalized by the university’s Regents in May 2021. Expect these numbers to increase—or decrease—very slightly.