BC Law is significantly increasing the financial support offered to those pursuing public interest career paths through its Francis X. Bellotti Loan Repayment Assistance and Forgiveness Program (LRAP), making it among the most generous such programs in the country.
Beginning with the Class of 2023, BC Law graduates earning a gross yearly salary of $100,000 or less will be able to qualify for LRAP within two years of graduation. In addition, eligible recipients will now be able to continue receiving financial assistance with their loan payments for up to 10 years after graduation, or until their gross yearly salary reaches $150,000.
These changes mark a substantial increase in LRAP’s previous gross yearly salary $75K entry and $100K exit caps. They also reinforce BC Law’s commitment to making careers in service financially sustainable by significantly reducing the financial burden associated with attending law school.
“BC Law aims to prepare graduates for fulfilling careers in the service of others — a mission that we believe manifests in numerous ways and translates across all career paths,” said BC Law Dean Odette Lienau. “As part of this, we have a uniquely strong tradition of launching and supporting graduates pursuing public interest and public service careers. We are confident the training and education we provide will allow them to have significant impacts in the communities they serve. Thanks to the generous contributions of alumni and the Law School community, our LRAP program ensures that a public interest and public service path is available to all.”
Over the past 10 years, BC Law’s LRAP has funded 100 percent of eligible applicants with awards totaling at least 50 percent of their monthly loan payments. The expansion of LRAP will help to ensure graduates’ continued program eligibility as their salaries rise and they work towards receiving Public Service Loan Forgiveness (PSLF), allowing them to remain in their positions and become leaders in the profession for the long term.
More: The Francis X. Bellotti Loan Repayment Assistance and Forgiveness Program