Income Based Repayment & Loan Forgiveness

Posted by Ann Levine | January 14, 2010

One thing I urge my law school admission consulting clients to consider is the cost of law school, especially for those who hope to work in public interest law or other low-paying fields upon graduation from law school. One such client was good enough to share some of her research on the subject so that I might share it will readers of my blog.

Here is a great link on FinAid.org with information about the Income Based Repayment legislation enacted in 2009.

Also, look into the scholarships offered by law schools specifically for those who plan to practice in the public interest. Here’s a shameless plug for an amazing scholarship program at my alma mater, the University of Miami School of Law’s Miami Law Scholars program. It’s not too late to apply!

Categories: Picking Law Schools

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2 Responses to “Income Based Repayment & Loan Forgiveness”

  1. joy says:

    For applicants intending to practice public interest law, be sure to consider any future Loan Repayment Assistance Program that your law school has in addition to any scholarships offered. Ask the law school pointed questions about the source of funding for their LRAP and ask about long-term funding plans.

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