About the Program

About the Program

A Benefit for Public Service Practitioners

As a reflection of Gonzaga University School of Law’s humanistic, Jesuit, and Catholic nature, this Loan Repayment Assistance Program reflects the high value that the school places on attorneys pursuing careers in public service.

Purpose

The purpose of this program is to provide loan repayment assistance to a select number of our graduates who are pursuing careers in public service. Applicants with outstanding law school student loans, both federal and commercial, are invited to apply to the LRAP program.

Individual Loans of up to $4,000/yr

The program functions to provide selected graduates with loans of up to $4,000 a year to help meet the repayment of specified law school loans. If a graduate remains in qualifying public interest employment for at least one year after receipt of a loan under this program, the loan made by the law school will be forgiven. Graduates may apply annually for a total of five years of LRAP funding.

The program is administered by the dean’s office and by the law school faculty Scholarship Committee. Any awards made through this program are issued through the sole and unfettered discretion of the dean’s office and the Scholarship Committee. There is no obligation on the part of the law school to make any award in any given year.

College Cost Reduction & Access Act

The College Cost Reduction & Access Act offers federal loan Income Based Repayment (IBR) and loan forgiveness for public service

In addition to Gonzaga’s LRAP, we strongly encourage low-income graduates concerned about loan repayment to review and consider enrolling in new federal programs that could substantially reduce their monthly loan payments. The federal Income Based Repayment (IBR) option and the Federal Loan Forgiveness Program were signed into law by the College Cost Reduction and Access Act of 2007. These programs assist borrowers by limiting repayment amounts based on salary and family size, and forgiving federal loans for long-term public service employment. For more information, please visit these websites:

• http://www.ibrinfo.org
• www.finaid.org/loans/publicservice.phtml