Loan Repayment Assistance Program
Fordham Law has long recognized that starting salaries in the nonprofit legal sector may present challenges with student loan debt repayment for graduates who wish to pursue a career in public interest law.
Since 1999, when Fordham Law began its Loan Repayment Assistance Program, the School has been committed to providing loan repayment assistance to help graduates who work full time in public interest organizations. Designed to supplement the salaries paid by such organizations, our Loan Repayment Assistance Program allows graduates to obtain forgivable loans from Fordham to assist them in paying their Law School loans.
Fordham’s LRAP is available to J.D. graduates who are employed full-time in an eligible law-related position in a nonprofit, public interest organization qualified under Section 501(c)(3) of the Internal Revenue Code. For details on eligibility criteria, visit the Financial Aid web site. Awards are in the form of a forgivable loan, so there is no tax consequence to the graduate. If the graduate remains in eligible employment for the required period of time, the loan is forgiven. This and other similar loan repayment assistance programs can be just the encouragement our graduates need to pursue their desired public interest careers.