Thursday, March 1, 2007

New York State District Attorney Office Loan Forgiveness Program

For those of you considering a career as an Assistant District Attorney, keep in mind that the State of New York has a loan forgiveness program for those who have been prosecutors for at least four years. The program is meant to help retain experienced staff members. As you can imagine, there are various eligibility requirements for the program.

The maximum lifetime total award an eligible attorney may receive under this program is $20,400 or the cumulative total of their eligible student loan expenses at the time they first apply, whichever is less. Eligible student loan expenses will be reduced by any grants, loan forgiveness, or similar reductions to the attorney’s indebtedness that the attorney has received or shall receive, including, but not limited to, law school loan forgiveness and public service scholarships.

Awards will be paid in disbursements of $3,400 for each year of qualified service immediately preceding the application for payment.

For additional information, go here.

Important Comment:

A student has posted a comment to this posting which should be repeated here:

zevlav said...

"On a related issue, the ABA is currently soliciting personal stories of how law school debt is affecting our career decisions and lives to be used in conjunction with lobbying Congress to pass loan assistance legislation. Tell your story here."

Thanks, "zevlav"!

2 comments:

Ray Malone said...

On a related issue, the ABA is currently soliciting personal stories of how law school debt is affecting our career decisions and lives to be used in conjunction with lobbying Congress to pass loan assistance legislation. Tell your story at www.abanet.org/lsd/legislation/forms/story.html.

Brett Gilbert said...

Thank you, zevlav. This ia a very important issue, and we have taken the liberty of incorporating your comment into the main post. We plan to create a separate post about student loan debt and its effect on career choices in the very near future.