"If it had not been for LRAP, I know for certain I would either be at a different school or working a dead-end job right now."
- LRAP Student
Frequently Asked Questions
1. "How do we get started using LRAP?"
2. "How does LRAP work for a student?"
3. "How do we fund LRAP?"
Different colleges fund their LRAP budget in a variety of ways. Some common methods include: budgeting from incremental revenue, including the LRAP fee as a line item in financial aid or marketing budgets, or reducing the financial aid award for every student by a small amount, such as $50. The program is always cash flow positive (extra revenue generated by LRAP will fund the LRAP fees), because you do not pay LRAP until after students enroll at your college and pay you. There is no charge for students who do not enroll. You control the costs and benefits, because you determine how many and which students receive LRAP.