“Low Bono” and Union Employment

The pilot program for “Low Bono” and Union LRAP coverage is available for up to seven graduates of the Class of 2010 and 2011. For the Class of 2010 three slots are still open, and applications for the Class of 2011 are now accepted.

Student loan exit conseling

In order to keep your student loans in good standing, graduating students have to complete the exit counseling. If you are not sure what repayment plan or payment due date to choose, you may opt for the standard option and make changes later. Please familiarize yourself with the Direct Loan Servicing account. Along with the […]

Department of Education Prepares to Verify Qualifying Public Service Employment!

Heather Jarvis recently posted the good news that the Department of Education will verify that employers qualify as public service organizations and will notify borrowers in writing of the number of qualifying payments made. But first there is a 90-day period of public comment on this before it becomes final.

http://askheatherjarvis.com

A week ago Heather Jarvis, a student loan expert, went public with a new website that offers a wealth of information about student loan repayment. If you plan to utilize the IBR and PSLF program you may want to follow her blog. .

Info Session Monday, April 18: The Financial Value of Your Law Degree

We are fortunate to have Jason DiLorenzo of GLAdvisor return this semester to make another presentation to Berkeley Law students. He made a very well received presentation at the Class of 2011’s “Tax Day” event. This session will be an expansion on that but is not limited to students going into the private sector. The […]

LRAP application check list for continuing participants

Checklist FOR CONTINUING PARTICIPANTS Application Employment verification, and a copy of a published job description if you changed your job or responsibilities For private loans, a current statement that shows your current balance, capitalized interest, interest rate, and monthly payment amount verification. Sign up for Electronic Funds Transfer by following the EFT authorization instructions for […]

Are your Loans eligible for Public Service Loan Forgiveness (PSLF)?

Only Federal DIRECT Loans (Stafford, GradPLUS and consolidation loans) are eligible for PSLF. If you borrowed federal loans under the Federal Family Education Loan (FFEL) program, you have the option to consolidate your FFEL loans with Federal DIRECT Consolidation Loans. Keep in mind that the consolidation loan will enter repayment immediately after graduation without a […]