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Harvard Law School Initiate Low Income Protection Plan

Harvard Law School has initiated a Low Income Protection Plan .It is common for Harvard Law graduates devote their careers to public service work as government attorneys, human rights activists, champions of civil rights, and such jobs. Since the law degree itself incurs a significant educational debt, such careers might not be feasible. Harvards Low Income Protection Plan enables Harvard Law to undertake a relatively lower income jobs along with repaying their educational loans.

Harvards Low Income Protection Plan assists graduates of Harvard Law in education loan repayment .So they can engage in in full-time government, non-profit or academic jobs. Full-time law-related jobs in the private sector are also covered under Harvards Low Income Protection Plan. The graduate has to pay a part of their annual salary towards the annual loan repayment. Harvards Low Income Protection Plan covers the remaining balance of their income protection eligible loan payments.

Graduates can participate in the Harvards Low Income Protection Plan any time after graduation. Only if their job, debt, and income qualify. Counseling and guidance is provided by Harvards Low Income Protection Plan staff of Harvard Law. They also provide information regarding other aspects of debt management.

Eligible Employment

Harvard Law graduates who work in any full-time job for a government, nonprofit or academic organization (nonprofit only) in the USA, or in an overseas equivalent are eligible for Harvards Low Income Protection Plan. Full-time and law related private sector Jobs are also considered for Harvards Low Income Protection Plan. "Law-related according to Harvard Law School is defined as follows:
1. The distinctive intellectual skills acquired in a legal education are generally recognized as useful in the job
2. Of those who hold this position, it is not unusual for them to be members of the legal profession.
Graduates who are unsure as to whether their planned employment meets these criteria should consult Harvards Low Income Protection Plan staff. Low Income Protection Plan does not cover periods of unemployment, job transition or volunteer employment.

New Applicants

An applicant can enter the program at any time by submitting a New Application along with the supporting documentation. Approximately one month prior to becoming eligible for financial assistance, an applicant must apply for the Plan. This allows for sufficient time to create an award and to ensure the information provided is accurate. Low Income Protection Plan eligibility begins

1. When the graduate is legally obligated to start repayment of the education loan (after deferment period and grace-periods are exhausted).
2. The graduate enters a LIPP eligible job.
3. The LIPP office receives a complete application.

All three above conditions must satisfy. A complete application is the online application available on Harvard Laws website. In addition to ALL supporting documents. New applicants to Harvards Low Income Protection Plan will initially submit a New Application, Employer Certification Form, documentation of good standing from lenders, tax forms from the previous year, and any other forms which apply to a particular participant.

Low Income Protection Plan is a considerate initiative on part of Harvard Law School that aids Law graduates in repaying their educational debt and lets them explore alternative law opportunities. Please consider this article as a reference. For accurate information please contact the respective schools financial office
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