IOLTA News

News for 2022 Grant Applicants

News for 2022 Grant Applicants

2022 GRANT APPLICANTS

The grant application deadline for the 2022 IOLTA Discretionary Grant Program was Friday, August 13, 2021.

Shortly after the application deadline, the Fund begins the process of evaluating all requests for grants.  Final decisions for 2022 grants will be made in late November. All applicants, successful and unsuccessful, will be notified of the Board’s decision by December 3, 2021.

It is too soon to determine the size of the 2022 grant pool. Our funding availability depends upon the rate of interest we earn on attorney trust account balances. Due to the Pandemic and economic issues related to the Pandemic Interest rates have been falling since March 2020  and will continue to have a negative impact on our 2021 revenues. It is too early to determine to what degree this impact will have on  revenues.   In any event, there can be no assurance that the Fund will grant the requested amount to any applicant or that repeat applicants will receive continued funding. 

 

 

Related Articles

Image

CONTACT US

The IOLTA Fund of the Bar of New Jersey
One Constitution Square
New Brunswick, NJ 08901-1520
E-mail: info@ioltanj.org
Phone: 732-247-8222