Frequently Asked Questions
When will I hear from you about an interview?
We intend to begin our interviews for the 2016 program in early
October, 2015. We contact prospective interviewees by telephone beginning in
How will I know if my application is being considered?
We consider all applications to be "live" until we send you a letter
indicating that we are no longer considering your application.
I live far from Washington. Do you reimburse for travel to
Washington if I am interviewed?
Yes. Because we conduct all of the Program interviews at our Washington, DC,
headquarters we reimburse you at the government rate for travel. Details
will be provided to you at the time you are invited for your interview.
When will you make offers to successful applicants?
For the 2016 program we can make offers any time from October 2015 through
early January 2016 unless you are otherwise notified by letter.
How are offers made?
We first make "tentative" offers by telephone with a follow-up letter which
includes an application form used for the required background checks.
Assuming the background check reveals no problems, we then send a formal
offer letter with proposed grade and salary. This process can take at least
To whom should I address my cover letter?
You may address your cover letter to the "Honors Attorney Program
Do you pay relocation expenses?
The FDIC does not pay for any relocation costs for new hires.
What is the salary for an Honors Attorney?
Currently the beginning salary level for a new law school graduate in the
Honors Program in Washington, DC is $96,541. Graduates with an advanced
degree and job related experience may start at a higher salary. Pay rates
for 2016 will be set in early 2016.
What are your employee benefits?
The FDIC provides a very comprehensive benefits
package, including a wide variety of health plan offerings under the Federal
Employee Health Benefits program, transit subsidy, bar dues reimbursement,
on-site fitness center, life insurance coverage, dental and vision coverage,
and a tax-deferred 401(k) and Thrift Savings Programs with matching
Corporation contributions. Program participants will also receive 10 federal
holidays and 13-26 days of paid time off per year.
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