Welcome to LRAP!
Home of the Loan Repayment Assistance Program
What is LRAP?
The Loan Repayment Assistance Program (LRAP) is a "safety-net" used by colleges and universities to help ease the increasingly necessary burden of educational loans. LRAP empowers students to enroll, retain, and graduate from their first-choice educational institution. By offering graduates the promise, "if your income after graduation is low, we will help you repay your student loans," LRAP Association strives to protect the foundations of higher education - enhancing affordability and access.
LRAP offers peace of mind to:
“LRAP benefits the student, it benefits the co-signer,
it benefits the parents, it benefits the college.
It's very powerful.”
- Scott Raymond, Executive Director of the Office of Student Success, Huntington University
"LRAP was definitely a deciding factor in our decision. I hate that our son has to have student loans at all, but LRAP gives me a lot more peace of mind, knowing he has this program as a safety net."
- LRAP Parent
Much of our national conversation these days focuses on the affordability and accessibility of a college education. Students want to pursue their highest ambitions but without the burden of crippling debt. Colleges and universities want to help students attend their first choice college, and enable them to consider careers in public service. Institutions recognize that many graduates feel forced to choose between pursuing their calling or settling for a well-paying career outside their area of interest, merely to pay back their student loan debt.
LRAP ensures that students can be confident in their decision to pursue a college education, and empowers them to choose courses of study that will lead them to meaningful jobs and careers after graduation.
We provide a safety net to overcome the fear of debt by promising students that if their income after graduation is low, we will help them repay their student loans.
LRAP provides the peace of mind that allows students to live their lives on purpose.
StudentServices@myLRAP.org | (877) 577-LRAP
Copyright 2013 LRAP Association