The Attorney Student Loan Repayment Program also commonly referred to as the ASLRP program is an agency program that works with The Department of Justice and helps Attorneys who work for them to repay certain types of Federal Student Loans. This is done as a recruitment and/or retention incentive for only the highest qualified attorneys in exchange for a service obligation for a minimum of 3 years.
In order to qualify for this program, you must meet the Department’s policy. This policy is for any employee serving in or being hired to serve as an attorney that has federal student loans totaling at least $10,000. You must also be in a position to complete a three-year service agreement for the Department. If you meet both of these criteria that you may qualify for this program. Please note that just because you meet the above qualifications does not mean that you will automatically receive ASLRP funding.
For a full in-depth list of eligibility information head here.
How much should be expected through his award?
The maximum award amount through this program is $60,000. Please note that the Department has put a payment ceiling, per attorney, of up to $6,000 per calendar year. There is, however, an exception to Attorneys who salaries are less than $84,000 per year. For these attorneys, they will automatically receive the annual maximum repayment amount. For a full disclosure on how repayments will be dispursed please head to the Departments website.
What Loans Qualify?
The following loans qualify for this loan program:
- Stafford Loans
- Supplemental Loans
- Federal Consolidation Loans
- Defense Loans (made before July 1, 1972)
- National Direct Student Loans (made between 7/1/72 and 7/1/87)
- William D. Ford Direct Student Loans
- Perkins Loans
- The Nursing Student Loan Program loans
- The Health Profession Student Loan Program loans
- The Health Education Assistance Loan Program loans
For a full list of information regarding loans that are accepted as well as additional information pertaining to this program please check out this link.
How to apply?
In order to apply for this program, you will need to complete quite a bit of prerequisite. For a full list of this information as well as the application process please hed to this Department of Justice Attorney link.