LSC Loan Repayment Program to Begin Accepting Applications on February 1, 2012
The 2012 Application Loan Cycle for the Legal Service Corporation's (LSC) Herbert S. Garten Loan Repayment Assistance Program (LRAP) will open on Wednesday February 1, 2012 and this year’s deadline for application submissions will be Monday February 27, 2012 at 5:00 PM Eastern Time.
Through the LRAP, established in 2005 and funded by a Congressional appropriation, LSC makes a limited number of forgivable loans to attorneys employed by its grantee programs to help repay law school debt. The goals of the LRAP are to help LSC grantee programs recruit and retain highly qualified attorneys, and to promote the development of initiatives that make public interest law a viable career path for law school graduates.
Attorneys who are selected to participate in LSC’s LRAP receive loans of up to $5,600 per year, for up to three years, if they remain eligible and funding is available.
Participating attorneys must use the LSC LRAP assistance to pay qualifying law school loans and accrued interest, and must meet all terms and conditions of the LSC LRAP. The debt to LSC will be forgiven at the end of each LRAP loan term so long as the participating attorney remains in good standing with a Legal Services Corporation grantee program throughout the term, as certified by the executive director of the attorney’s program. Participating attorneys are expected to remain with an LSC-funded legal services program for three years.
For more informaton on the Herbert S. Garten Loan Repayment Assistance Program, including the application process, visit the LSC website at http://grants.lsc.gov/apply-for-funding/other-types-funding/lrap.