- 3 - of petitioner’s law school loan. The letter by which petitioner was notified of petitioner’s LARP award (petitioner’s LARP award notification letter) stated in pertinent part: You are being offered a Janet L. Hoffman Loan Assis- tance Repayment Program (LARP) award for the 2002-2003 award year. Please sign and return the LARP award letter and cer- tification form to the Office of Student Financial Assistance within three weeks of the date on the award letter. * * * Please be aware of the following information regarding your LARP award. 1. The LARP award will be sent to you in the form of a dual-payee check made out to both you and the lender with whom you have the highest loan indebt- edness. 2. Two dual-payee checks will be sent to you, one in November and one in March. The first employment verification form is included in your application form. The second employment verification form will be sent in February. The March check will be sent after your second employment verification form has been received. If your employment veri- fication is not received within the allowed time, your LARP award will be canceled. 3. The LARP award is renewable next year, but is subject to change in light of your financial con- dition and the number of years you have received LARP assistance. 4. You are responsible for contacting your lender to discuss how the LARP award will affect payment for this year. 5. This LARP award can only be used with the lender specified on the award letter. It is your respon- sibility to pay your loans with other lenders. 6. The LARP award is considered taxable income for the year that the actual payment is received. ItPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 Next
Last modified: May 25, 2011