The Pennsylvania Bar Foundation, the charitable affiliate of the Pennsylvania Bar Association, and the Pennsylvania Interest on Lawyers Trust Account (IOLTA) Board have partnered to launch a statewide loan repayment assistance program (LRAP) to help attorneys employed at IOLTA-funded legal services organizations better manage their law school loan debt and to help IOLTA-funded legal aid organizations recruit and retain the best and the brightest attorneys for service in the public good.

The new program will provide for one-year loans, payable to qualified attorneys quarterly, with a 12-month employment requirement at qualifying organizations. Providing a participating attorney continues to meet the eligibility requirements, the attorney can apply for and receive up to ten, one-year loans over his/her tenure in qualified employment. The loans will be used to repay loans incurred for undergraduate and law school education costs and will be forgiven at the end of each year if eligibility requirements have been met.