For over a decade, LRAP Association has collaborated with colleges and universities across the United States to provide loan repayment assistance programs (LRAPs) for their students. As educational loans become a core component of how families pay for college, LRAPs are designed to help reduce the anxiety and burden of debt-repayment, thereby empowering students to enroll and graduate from their first-choice educational institution. LRAP provides a financial “safety-net” for families. If a student’s income after graduation is modest, LRAP can help repay their student (and parent) loans.
Partner Colleges & Universities
Nearly 200 colleges and universities around the country have partnered with LRAP Association to eliminate the fear surrounding student loan debt, and to reinforce their commitment to student success and graduate outcomes. These institutions are well represented, across diverse segments of higher education, at both small colleges and large universities, and in nearly every region of the country. If you are searching for institutions that can offer you peace of mind with a loan repayment assistance program (LRAP), please feel free to speak with your admissions and/or financial aid counselors about whether LRAP is an option for you.
Our Mission & Values
The mission of LRAP Association is to help students by increasing access to the life-changing impact of higher education, and to enable them to achieve their full potential.
We also want to support the career choices of students and families after graduation. The first job after graduating can make all the difference in a student’s career trajectory, and student loan repayment often plays a larger role in employment choices than it should. The last thing graduates need is for educational debt to force a choice between their passions and a paycheck.
This is especially true for graduates pursuing public service careers, who want to contribute meaningfully to society, even if it means they struggle financially. We believe in the value of public service, and our programs are designed to help students taking those, and other positions of interest, to do so without fear of being overwhelmed by the financial demands of student and parent loan repayment.
After graduating from Yale Law School and benefiting from their loan assistance program, our founder and president, Peter Samuelson, had a moment of realization about the future of how families pay for college. Recognizing the potential of a loan repayment assistance program, an effort was made to bring the powerful promise of LRAP to undergraduate institutions.
After sketching out the essential elements on an airline napkin, Peter established LRAP Association in 2008, bringing Stephen Yandle (one of Yale’s program designers) and other industry experts on to the LRAP Advisory Board. These early days helped shape the organization and the way students, families, and institutional leaders think about affordability, access, and outcomes in higher education.
LRAP Association is filled with experienced professionals who are passionately dedicated to helping increase access to the life-changing power of higher education. As part of the larger organization, our Student Service team is here to help answer any questions you or your family might have about the loan repayment assistance program (LRAP). If you would like to learn more, please use the form below to contact us, and we will be happy to help.
Team LRAP is full of people who are passionate about what they do. Likewise, LRAP Association is an organization that has social good built into its DNA. That’s why we’re proud of LRAP Cares, a special initiative focused on Team LRAP’s service to our communities. Whether it is volunteering in our local communities, packing food for starving children halfway across the world, or donating our expertise for free to those in need, our team shares these stories and more through our LRAP Cares initiative.
About LRAP Association
LRAP Association partners with colleges and universities across the United States to help students overcome the burden of student loans. We provide a unique and effective solution for reducing the anxiety and burden of debt-repayment, empowering students to enroll and graduate from their preferred educational institution, while following their dreams after graduation. LRAP is a tool that provides a safety-net for students and families. If a student graduates to a modest income, LRAP helps repay their educational loans.