Eligibility
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.

Qualifying Loans
Only Law School loans used to finance an applicant's J.D. education at Capital University Law School and bar exam preparation are included in determining the applicant's eligibility for the LRAP.

Income Restrictions An income ceiling of $45,000 from qualifying employment has been placed on LRAP applicants.
 
In the event that a married or partnered couple are both applicants and each spouse/partner has an income under the income eligibility ceiling, then each applicant may be eligible for the Program.

In the event that an applicant has a spouse or a partner but his/her spouse/partner is not an applicant, the applicant will be treated as having the higher of the applicant's qualifying employment income or half of the joint income.

The spouse's or partner's income may affect the applicant's eligibility.

Other LRAP Awards
Applicants are encouraged to take advantage of any other LRAP programs (such as state, federal, or fellowship LRAPS) and are required to note such participation in their application materials. Application and receipt of other LRAP awards may be considered by the committee. However, other LRAP awards will not necessarily disqualify an applicant.

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.

DisbursementsDisbursements of $300 each will be made quarterly, once in January, April, July, and October; but not before an Employer Verification Form has been completed. Before each disbursement, proof is required that all loans are not delinquent or in default. If you are in forbearance or deferment, you must provide proof that disbursed funds were applied to qualifying loans.
 
Recipients are required to verify their employment information and loan payment information every three months by completing a Quarterly Verification Form by March 15, June 15, and September 15, prior to receiving the next $300 installment.

Disclosure of any changes in the recipient's or spouse's/partner's financial or employment circumstances since the submission of the application is also required.

Leaves of Absence
With notice to the Program Administrator, a leave of absence from employment for up to three months total is available under the Program. Eligible leaves will be recognized for the following purposes: family leave and disability.
 
During this leave period, the recipient will be eligible for program assistance, but repayment of LRAP loans will not be necessary if the recipient has indicated on his/her employer verification form he/she is on a qualified leave. If, however, the participant does not return to the program within three months of his or her leave from the program, the LRAP loan will become due to the extent not forgiven.

Change of Employment
The recipient has the responsibility to notify the Administrator of the Program of any change of employment. Employment changes from one public service entity to another require the potential participant to file an updated application to the LRAP Committee.
 
Recipients of funds risk suspension from the program if they make special arrangements with any lender to put their loan payments into deferment, forbearance, or to extend the repayment period during the year that the recipient is receiving funds, without the consent of the Program Administrator.
 
Any changes in employment, income, assets, loan payments, or support from any other loan forgiveness program must be communicated to the Program Administrator immediately. Depending on the nature of the changes, recipient may risk suspension from the program.

Repayment of Unforgiven Loans
Participation in the program constitutes assumption of the legal obligation to repay all unforgiven loans provided through the Law School LRAP. All recipients will be required to sign a promissory note.
 
Upon leaving qualifying employment, the recipient must contact the Program Administrator to determine the repayment schedule. This schedule (amount of each monthly payment and length of time to repay) will be determined based on the amount of money owed to the program (after subtracting the amount forgiven), the recipient's current salary, and other related financial considerations. Defaulting recipients will be required to repay their loans back within one year.