Richard M Givan Loan Repayment Assistance Program

December 7, 2019by Riley Hendrickson0
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Through the Richard M Givan Loan Repayment Assistance Program, qualified applicants may be eligible to qualify for $5000 per year towards their student loans. This program is designed to assist attorneys who have incurred significant educational debt so they can work in civil legal aid programs. Read on to see eligibility requirements, award amounts, and the application process for the Richard M Givan Loan Repayment Assistance Program.

Eligibility?

The Indiana Bar Foundation is a charitable organization that promotes access to justice in Indiana. The Richard M. Givan Loan Repayment Assistance Program was established in 2006 as a statewide loan assistance program for law school graduates employed in non-profit organizations serving the civil legal needs of low-income individuals and families in Indiana.
The goal of the Richard M. Givan LRAP is to assist law school graduates who wish to remain in employment in civil legal aid and to assist civil legal aid organizations in recruiting and retaining qualified lawyers. The Richard M. Givan LRAP assists with a forgivable loan to applicants who would otherwise be precluded from employment or who would be unable to continue to work in qualifying employment because salaries that do not support their student loan debt burden.
Through the Richard M Givan Loan Repayment Assistance Program, you must meet the following criteria to be considered eligible:
a. Licensure:
  •   All participants must be licensed to practice law in the State of Indiana. (This requirement may be waived for up to 12 months.)
b. Employment.
  • Applicants must be employed by a qualifying civil legal aid employer. Applicants may be employed full-time or part-time. Assistance to part-time attorneys shall be pro-rated. For example, attorneys who work four days per week receive 80 percent of the assistance for which they would be eligible if they were fulltime. The list of organizations approved by the Foundation as qualifying employers is at the end of this document as are instructions for how to become a qualifying employer. Those applications must be approved by the Board of Directors.
c. Financial Eligibility.
  • A participant’s salary may not exceed $70,000.
d. Bar membership.
  • All participants, once licensed to practice law in the State of Indiana, must be an active member of the Indiana State Bar Association. e. Eligible Loans. Undergraduate, graduate and law school loans will be considered in determining the amount of assistance. Family and personal loans are excluded. Also excluded are loans for other than educational purposes.

For a full program breakdown, head over to the official website here.

How much can I expect to be awarded? 

Through the Rhode Island Health Professionals Loan Repayment Program, applicants may be able to qualify for a maximum loan of $5,000 per year. Loan assistance shall be paid quarterly directly to the participant on a prospective basis.

You can find out more information through the program’s website.

How do I apply for this repayment program? 

In order to apply for the Richard M Givan Loan Repayment Assistance Program, applications must be completed with the required documentation and submitted to the Foundation by the deadline. The Development, Communications, and Awards Committee of the Foundation reviews and decides eligibility and amounts of assistance. All information submitted is confidential.

If given an award, each participant shall submit documentation regarding employment and loan repayment verification quarterly in compliance with the deadlines in the award letter. Any financial or employment status changes shall be reported immediately by the participant to the Foundation.

Contact Information
Current loan recipients should direct questions to:
Michael Tranovich
Indiana Bar Foundation
615 N. Alabama Street, Suite 122
Indianapolis, IN 46204
Phone: 317-269-7868;
Prospective loan applicants who have questions about the application process should direct questions to:
Theresa M. Browning, CFRE,
Indiana Bar Foundation,
317-269-7864,
For more information, please head to the program’s website here.

Questions?

If you still have questions or would like to know more information please reach out to us here or you can go back to the Student Loan Repayment Assistance Programs page.

 

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