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LRAP Blog

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    How LRAP Helps Colleges (and Students)

    Client News Enrollment Management LRAP Strategies Testimonials June 23, 2017

    The Loan Repayment Assistance Program (LRAP) isn’t just a way to help graduates (and their parents) repay educational loans after graduation. It’s a tool that many colleges leverage to maximize net tuition revenue, grow enrollment, and improve student persistence. LRAP makes a profound promise to students: if your income is modest (e.g., less than $40,000) […]

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    College Costs Forcing Students to Compromise

    Industry News LRAP Strategies April 4, 2017

    Every year, thousands of students turn down offers to attend their first-choice college. Royall & Company recently examined survey responses of more than 6,000 of these students. The most popular reason why they opted to go elsewhere? Costs. Altogether, 39.9% of students cited a cost-related reason as the factor that deterred them from attending their […]

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    What’s an LRAP? | Whiteboard Animation

    Enrollment Management LRAP News LRAP Strategies February 28, 2017

    The Loan Repayment Assistance Program (LRAP) helps students repay their educational loans based on their incomes after graduation. When offered upfront to prospective students, LRAPs can be a compelling point of differentiation for your institution, helping to improve yield and grow net revenue. Learn more in the video below:

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    Webinar | How LRAP can Help Overcome Prior-Prior Year Challenges

    Industry News LRAP Strategies Webinar September 23, 2016

    How is your institution preparing for the potential challenges caused by the shift to Prior-Prior Year? Many institutions are planning to offer financial aid earlier – resulting in more financial aid appeals and a longer time for students to request a deposit refund. LRAP can help overcome these challenges by boosting financial aid packages, assisting […]

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    Small colleges drive big media attention with loan repayment programs

    Client News LRAP Strategies June 22, 2016

    Boise Bible College and Hiwassee College both garnered media attention this spring after partnering with LRAP Association to offer loan repayment assistance programs (LRAPs) to their prospective students and families. In addition to helping improve enrollment and retention, colleges that offer LRAPs broadly often receive positive media attention for their commitment to addressing student debt concerns. Boise […]

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    Use LRAP to Target High Net Revenue Students

    LRAP Strategies February 1, 2016

    Every financial aid packaging matrix includes students who are a good fit for your institution, but aren’t offered as much institutional aid as others. In fact, they are offered less aid primarily to help balance your discount rate. To enroll, these families are going to need to utilize higher amounts of student (and parent) loans. […]

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    Summer Strategies for Increased Success

    LRAP Strategies June 24, 2015

    Colleges are beginning to scramble in preparation of the last-minute push to enroll students this fall. One strategy you should consider is offering LRAP (Loan Repayment Assistance Program) as a way of ensuring that more final decisions are made in your favor. Over the last several years we have seen many colleges experience success with […]