ILNews

Fund-matching extension increases value of gifts to lawyer loan repayment program

Back to TopCommentsE-mailPrintBookmark and Share

Any gift contributed by a lawyer to the Indiana Bar Foundation’s Richard M. Givan Loan Repayment Assistance Program this year could potentially quadruple in value, thanks to fund-matching initiatives.

The Indiana Supreme Court has extended the deadline for its fund-matching program until Dec. 31, 2012, and the Indiana State Bar Association is matching donations until June 2013. Foundation executive director Charles Dunlap explained that an initial donation of $500 would be matched by the state bar, and the Supreme Court would in turn match that $1,000, resulting in a total donation of $2,000 for the LRAP.

“It’s been a tough year with the continuously low interest rates from IOLTA that have devastated the funds available for pro bono organizations,” said Dunlap. “We are optimistic that the legal community will understand it is up to each of us to ensure access to justice is a reality for low-income Hoosiers.”

The LRAP benefits attorneys who work for pro bono and legal aid providers, whose incomes may make repayment of student loans a challenge.

The Supreme Court originally announced in 2009 that it would match donations to the LRAP program until November of 2011. But it will continue to match donations up to Dec. 31, 2012, or until the foundation reaches its goal of $175,000. So far, the foundation has raised $90,000 for the LRAP.

 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in Indiana Lawyer editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by

facebook - twitter on Facebook & Twitter

Indiana State Bar Association

Indianapolis Bar Association

Evansville Bar Association

Allen County Bar Association

Indiana Lawyer on Facebook

facebook
ADVERTISEMENT
Subscribe to Indiana Lawyer
ADVERTISEMENT