Eligibility
Eligiblity Requirements
In order to apply for possible
assistance from the Capital University Law School Loan repayment Assistance
Program (LRAP), applicants must:
- Be a graduate of Capital University Law School's Juris Doctor program;
- Be a licensed attorney in good standing;
- Be employed full-time in a law-related capacity (not limited to the
practice of law in the strictest sense, but substantially utilizing
the legal training and skills of the law school graduate);
- By a non-profit tax exempt organization under IRS Code 501(c)(3);
or
- In government law-related jobs at the local, state or federal
level;
- Have a salary of $45,000 or less;
- Have an outstanding law student loan balance and must not be delinquent
or in default on any educational loans; and
- Submit an LRAP application and all required documents each year.
Non-Qualifying Employment
Graduates employed in private
practice either by a law firm or a corporation, self-employed, or as a
judicial law clerk at the federal or state level are not eligible to apply.
Current Capital University employees are not eligible to apply.
Selected LRAP Recipients
Individuals selected to receive
a loan from the program must:
- Sign a Promissory Note in the amount of the LRAP loan;
- Apply the loan proceeds toward the repayment of law school educational
debt;
- Promptly advise the LRAP Administrator of any change in employment
and/or financial condition; and
- Complete a Quarterly Employment Verification Form.
A recipient is eligible to reapply each year for
continued assistance.
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