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Loan Repayment Assistance Program
The Moritz College of Law’s Loan Repayment Assistance Program (LRAP) is designed to support recent graduates accepting positions with government or legal services employers – employers whose needs for quality legal professionals often go unmet.
Graduates of the most recent graduating class are eligible for consideration if they accept law-related positions with local, state, or federal government agencies or public service organizations that qualify for tax-exempt status under section 501(c)(3) of the Internal Revenue Code. Also in order to be considered, the graduate must be employed full time within nine months of graduation in a position that pays $40,000 or less annually, excluding benefits. Meeting the eligibility requirements does not guarantee that graduates will receive the loan.
The graduate also must provide proof of outstanding law school loan debt of at least $4,000 from commercial or governmental sources. Only loans used to finance law school will be considered.
Those selected for LRAP will receive $4,000, which will be distributed as a loan by the college. The loan will be forgiven after completion of one year of qualifying employment. The forgiven loan may qualify as tax exempt under the Internal Revenue Code. However, all applicants are encouraged to research possible tax ramifications of accepting LRAP funds prior to accepting them.
By removing some financial barriers, the college hopes to ease the burden of any graduate taking a low-paying job in order to provide legal services to those most in need.
To Apply for LRAP
Eligible students should bring the completed application and verification of employment form to Cybele Smith in Room 104. Applications can be submitted as soon as an employment offer has been accepted. The deadline to apply is March 15 following the year of graduation.