Vermont Bar Foundation Loan Assistance

February 2, 2020by Riley Hendrickson0
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Through the Vermont Bar Foundation Loan Assistance, qualified applicants may be eligible to receive assistance towards their student loans. The Vermont Bar Foundation’s statewide Loan Repayment Assistance Program (VBF-LRAP) provides forgivable loans for licensed attorneys employed in non-profit organizations dedicated to serving the civil legal needs of low-income individuals and families in Vermont or employed by the Office of the Defender General. Read on to see eligibility requirements, award amounts, and the application process for the Vermont Bar Foundation Loan Assistance.

Eligibility?

The goal of VBF-LRAP is to increase access to justice and to assist civil legal aid organizations and the Office of the Defender General in recruiting and retaining qualified lawyers. It is designed to support attorneys who would be precluded from accepting work or unable to continue to work in qualifying employment because of salaries that do not support their student loan debt burden. In order to be eligible for the Vermont Bar Foundation Loan Assistance, you will need to meet all of the following criteria:
  1. LICENSURE

    All participants must be licensed to practice law in the State of Vermont.

    EMPLOYMENT

    LRAP is currently open to attorneys employed by:

    Other organizations may apply for approval to the VBF Board of Directors.

    EMPLOYMENT STATUS

    Participants may be employed full-time or part-time. Assistance to part-time attorneys is pro-rated.

    FINANCIAL ELIGIBILITY

    A participant’s salary may not exceed $60,000.

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

How much can I expect to be awarded? 

Through the Vermont Bar Foundation Loan Assistance, qualified applicants may be eligible to receive forgivable loans as licensed attorneys employed in non-profit organizations dedicated to serving the civil legal needs of low-income individuals and families in Vermont or employed by the Office of the Defender General.

What loans qualify for this program?

Through the Vermont Bar Foundation Loan Assistance, the following loans are available to repayment assistance: 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.

How do I apply for this repayment program? 

You can apply for the Vermont Bar Foundation Loan Assistance through the program’s website.

For further questions please reach out below:

Contact Deborah Bailey, Executive Director:

Vermont Bar Foundation
P.O. Box 1170
Montpelier, VT 05601-1170

Phone 802 223-1400
Fax 802 229-4051
Email

Head over to the program website here for a full breakdown of this year’s requirements and application guidelines.

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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