Thursday, October 15, 2009

Berkeley Law Expands Loan Program

UC Berkeley's Boalt Hall School of Law announced this week that it's expanding its loan repayment assistance program for alumni who pursue public interest or government work.
UC Berkeley's Loan Repayment Assistance Program has been helping graduates repay their student loans for the past decade. It will expand in January to offer unlimited help to alumni who earn up to $65,000 a year. Previously the amount had been capped at $100,000 for alumni who make less than $58,000 per year.

"The law school provides the graduates who meet the income and employment requirements with a forgivable loan. Every six months, they're required to make their student loan payments," explained Berkeley Law Assistant Dean of Financial Aid Dennis Tominaga. He said those loans are forgiven if the students maintain the income and job requirements and uses the money make student loan payments.


No comments:

Post a Comment