Graduate Services

  • If you have any questions or would like to meet with a loan counselor, please contact us at (718) 780-7915 or email finaid@brooklaw.edu.  We are happy to meet with graduates regarding loan repayment issues.
  • Brooklyn Law School Loan Repayment Assistance Program (LRAP)

    The Brooklyn Law School Loan Repayment Assistance Program (LRAP) is available to graduates working in public interest organizations with an IRS 501(c)3 status.

    Upon graduation, students who enter qualified areas of public interest employment may be eligible for LRAP to assist them with repaying their law school tuition specific educational debt. LRAP provides loan repayment assistance on a semiannual basis to qualified graduates for up to five years. A graduate's LRAP benefit may be as much as $7,000 a year, allowing participants to receive up to $35,000 in assistance with their loan repayment. The total amount of the annual award per year will be based upon the lower amount of either the participant's annual payments using the Income-Based Repayment Program/Pay-As-You-Earn in the U. S. Department of Education's Direct Loan Program, or $7,000.

    Briefly:

    Eligible graduates receive semi-annual funding based on their IBR (Income Based Repayment) or Pay-As-You-Earn calculation for up to 5 years following program entry to assist in paying down federal loan debt.

    The Law School forgives 100% of the LRAP principle and accrued interest (5% fixed) at the end of each full year of participation up to a maximum of 5 years.

    The  application procedure:

    - Apply within 2 ½ years of graduation (3 ½ if doing a clerkship in first year after graduation) based on application deadline.
    - Satisfy a minimum law school tuition specific debt requirement of $61,500.  
    - Meet the income requirement (entry cap is $65, 000); if married, the average of both incomes must be within the income requirement.  
    - Employment must be law-related and is limited to full-time jobs that require a J.D. degree with nonprofit, public interest organizations that qualify for tax exemption under Section 501(c) (3) of the Internal Revenue Code (Government jobs do not qualify).
    - Use LRAP funds to pay down debt and provide proof of loan payment with each year’s application.
    - Sign a Promissory Note for each year’s participation.
    - Gain admission to the Bar within 12 months of entering LRAP.
    - Notify BLS immediately if employment changes.

    LRAP awards are LOANS that are forgiven after each year’s participation and therefore, the award is not a tax liability.

    If you are ineligible to participate in the LRAP Program based on the above criteria and believe your circumstances warrant consideration,  please  present an  appeal  in writing  to the Office of Financial Aid 

    Application Deadline for January program entry is December 1; July program entry deadline is June 1.

    For more information please contact Florence Attino in the Financial Aid office at 718-780-0309.

    Download Other Important Documents 
    LRAP_Application
    LRAP Employer Certification Form

  • Graduates who work in public service for a period of ten years, who make monthly payments on a consolidated loan with the federal Direct Loan Program, will benefit from the new College Cost Reduction and Access Act of 2007 (CCRAA) and can have their loans forgiven. Please read  CCRAA Facts At A Glance and Public Service Loan Forgiveness Presentation to see if this program might be available to you.
  • Repayment of your student loans begins once you graduate, leave school, or drop below half-time.  However, most loans have a six or nine-month grace period from the point at which you become less than a half-time student to the point at which your first payment is due.

    Grace Period
    Both subsidized and unsubsidized Federal Stafford loan borrowers are entitled to receive a grace period.  A grace period is a transitional period that gives you time to get your finances together before your first loan payment is due.  Your grace period begins the day you drop below half-time enrollment status and lasts six months.

    During the grace period, the federal government continues to pay the interest on subsidized Federal Stafford loans.  Unsubsidized Federal Stafford loan borrowers, however, are responsible for payment of the interest from the first day funds are disbursed.  You can pay the interest on a monthly or quarterly basis, or allow the interest to accrue and capitalize into the principal balance of your loan.

    During repayment ,your payment must be at least $50 a month ($600 annually), and you have a maximum of ten years under standard repayment.  The exact amount of your payment and number of months to repay depends on the total amount you borrowed.

    Rights and Responsibilities
    You have the right to prepay part or your entire loan obligation at any time without penalty.  This can help reduce the total cost of your loan.  You may have the right to have your loan canceled in part or in its entirety if you participate or participated in the National Service Trust Program, or if you become totally and permanently disabled or die.

    The Federal Stafford Loan Forgiveness Demonstration program also allows for partial repayment of loans for teachers in certain schools teaching certain subjects, full-time nurses in certain types of hospitals or health care centers, or volunteers under the Peace Corps Act or ACTION Programs.  This program is subject to federal funding.

    You must notify your lender immediately if any of the following occur:

      • You change your address
      • You change your name
      • You change your telephone number
      • You change your Social Security Number
      • You change employment
      • Your employer's address changes
      • You make any other changes that will affect your loan status.

    If you received a student loan other than the Federal Stafford and/or Federal SLS loan (for example, a William D. Ford Federal Direct loan or a Federal Perkins loan), this information will be helpful, but may not answer all of your questions due to the differences between the programs.  Detailed repayment information on student loans other than the Federal Stafford or Federal SLS loans may be obtained from your lender.

  • If you qualify, you can receive deferment of payments.  If you foresee a change that will temporarily affect your ability to make your payments, contact you lender immediately to see if you qualify for a deferment or forbearance.  Letting your lender know your situation can help prevent your loan from becoming delinquent or going into default.

    Deferment
    A deferment allows you to postpone your payment (principal, and in some cases, interest) for a certain period of time for specific reasons recognized by the federal government.  Many situations allow you to defer your loan payments.  Your eligibility for a specific deferment is determined by the date your first Federal Family Education Loan Program (FFELP) loan was disbursed.  The most common reasons borrowers receive a deferment include:


      • Returning to school (Education-related deferment)
      • Being unable to find employment of at least 30 hours per week, even though the borrower is making a conscientious effort to find work (Hardship deferment).

    If your first subsidized or unsubsidized Federal Stafford or Federal SLS loan was disbursed before July 1, 1993, service in a volunteer organization may qualify you for a deferment.  You will need to complete the borrower's section of a deferment form, specific to the type of deferment you are requesting.  Your lender or holder will provide you with the correct form.  You may also be required to provide supporting documentation and/or certification, depending upon the deferment you are requesting.

    If you are requesting an in-school (study) deferment and applying for a new student loan for the same period of enrollment, you may request an in-school deferment on the Application and Promissory Note.

    If you are currently making student loan payments, continue to do so until your deferment request is approved by your lender.  If you become delinquent in your scheduled payments, you may default and lose the option to defer future payments.  In order to receive the deferment you may be required to provide supporting documentation and/or certification, depending upon the specific deferment you are requesting.  Your account status affects your deferment eligibility.

    Loans in default (270 days or more past due) are not eligible for deferment.  In addition, your credit history will be damaged, and you will not be able to obtain credit for things such as a car or a home in the future.  Delinquent accounts (less than 270 days past due) may still be eligible for deferment.  If the lender grants deferment, your account can be brought current by the lender capitalizing the unpaid interest to the principal balance of your loan.

    Forbearance
    In the event you do not qualify for a deferment, you can request forbearance.  Forbearance allows you to temporarily postpone or reduce your principal payments for periods of up to one year at a time.  There are four types of forbearance: discretionary, administrative, mandatory and mandatory administrative.  Contact your lender to discuss the type of forbearance for which you may be considered.

  • Federal Loan Consolidation is the Department of Education’s program for refinancing Federal Student Loans.  Consolidation loans can simplify your loan repayment and fix your interest rate for the life of the loan.  Federal loans include Subsidized Stafford Loans, Unsubsidized Stafford Loans, William D. Ford Direct Loans, Perkins Loans, and Graduate Plus Loans.  If you are interested in consolidating your loans, you must consolidate in the federal government's Direct Loan Program. 

    You may consolidate online at www.dl.ed.gov.

    Consolidation loans have the longest repayment periods permitted by law.  These repayment periods extend from ten to thirty years.  Repayment may be based on fixed, graduated or income-contingent schedules, depending on the kind of consolidation program chosen.  There is never a penalty for prepayment. 

    Under certain circumstances — such as continued study, disability and unemployment — students can postpone payments on their consolidation loans by requesting deferment.  Similar to the Stafford loan program, during a deferment, the Federal Government pays the interest that accrues on the portion of your consolidation loan that would have been eligible for an interest subsidy if you had not consolidated.  Interest will continue to accrue on the portion of your consolidation loan that was not eligible for an interest subsidy during deferment.  Consolidation borrowers are responsible for interest that accrues during deferments.

    If you are planning a career in the Public Interest, or in any other field that is eligible for forgiveness of federal loans after 10 years of payments, you must consolidate your federal loans (Stafford Loans, Graduates Plus Loans).  Only loans in the Direct Loan program are eligible for loan forgiveness under the College Cost Reduction and Access Act of 2007.  You may consolidate online at www.dl.ed.gov.  You may be eligible for income-based repayments (IBR), which will significantly reduce your monthly payments.

    Consolidating Your Perkins Loan
    Before you decide to consolidate your federal Perkins Loan(s) with your Stafford Loans you need to understand that by consolidating your Perkins Loan you will lose the right to Perkins loan forgiveness.  The US Department of Education may forgive Perkins loans over a five-year period if you are employed in qualifying employment: teaching, law enforcement, military and certain Public Interest careers.  Recently, a court decision to grant Perkins Loan Forgiveness to lawyers working in the Public Interest brought this unique opportunity to light.  If you are employed, or think you might be employed in a field that makes you eligible for Perkins Loan Forgiveness, you should not consolidate your Perkins Loan.  If you consolidate it, you will forfeit your right to loan forgiveness provisions.

  • If you do not take responsibility and repay your loans on time, they will become delinquent and possibly default. This has serious consequences and will damage your credit rating.

    Defaulted loans are reported to national credit agencies, which will negatively affect your credit rating and ability to purchase a car or home in the future. In addition, the following can occur:

    • You may lose future eligibility for financial aid and/or educational loans.
    • The references you supplied on your loan application may be contacted.
    • Additional fees and interest may be charged to you.
    • You may lose deferment and forbearance options.
    • Your federal and state tax refunds may be withheld and applied to your loan balance.
    • Your professional license renewal may be denied.
    • Your employer may withhold part of your salary for payment of your loan.
    • Legal action may be taken against you.

    If you are having trouble making your scheduled loan payments, do not hesitate to ask for help.  Contact your lender. Don't wait until default occurs.

  • The Higher Education Reauthorization and College Opportunity Act of 2008 established loan forgiveness and repayment programs that benefit public interest lawyers. They are:

    The John R. Justice Prosecutors and Defenders Incentive Act
    Providing $10,000 per year in exchange for a one time renewable three-year commitment for state and local prosecutors and public defenders. http://www.equaljusticeworks.org/ed-debt/students/loan-repayment-assistance-programs/federal-LRAPs/JRJ

    District Attorney and Indigent Legal Services Attorney Loan Forgiveness Program
    District Attorney and Indigent Legal Services Attorney Loan Forgiveness Program (DALF) awards are being offered to retain experienced attorneys employed as District Attorneys, Assistant District Attorneys or Indigent Legal Services Attorneys throughout New York State. http://www.hesc.ny.gov/content.nsf/SFC/District_Attorney_and_Indigent_Legal_Services_Attorney_Loan_Forgiveness_Program

    Perkins Loan Cancellation for Public Service
    Providing partial loan cancellation for persons in specified public service jobs including federal public defenders. https://www.acs-education.com/CS/Jsp/general/cancellation.jsp

    American Bar Association – State Loan Repayment Assistance Programs
    There are twenty-four statewide loan repayment assistance programs (LRAPs) providing assistance in Arizona, District of Columbia, Florida, Illinois, Indiana, Iowa, Louisiana, Maine, Maryland, Massachusetts, Minnesota, Mississippi, Montana, New Hampshire, New Mexico, New York (two programs), North Carolina, Ohio, Oregon, Pennsylvania, Texas, Vermont, and Virginia. Kansas has an LRAP that operates in 50 of the state’s 105 counties. http://www.americanbar.org/groups/legal_aid_indigent_defendants/initiatives/loan_repayment_assistance_programs/state_loan_repayment_assistance_programs.html

View photos from the 2014 Reunions.

Have questions? We have answers.

Office of Financial Aid
One Boerum Place, 2nd Floor
Telephone: (718) 780-7915
Fax: (718) 228-6796
Email: finaid@brooklaw.edu

Mailing Address
250 Joralemon Street
Brooklyn, New York 11201

Office Hours
Monday - Friday 9:00 am - 5:00 pm
and until 6:00 pm on Tuesdays during the academic year.

View photos from the Recent Graduate Event.