Loan Repayment Assistance Programs

Loan Repayment Assistance Programs are available from a variety of sources, often from schools, employers, states and the federal government.  These programs can help you make payments on your educational loans.

Loan Repayment Assistance Programs (LRAPs) are a powerful tool to help you manage repayment of your educational debt. 

How do they work?

LRAPs differ from repayment plans, like Income-Based Repayment, and loan forgiveness programs, like PSLF.  Rather than lowering your payment amount or providing forgiveness of your educational loans in the future, LRAPs provide funds now to make those monthly payments on your loans.

They may help provide you much needed funds to help pay down any private educational loans (private loans are never eligible for federal relief programs). 

It also may be possible to use LRAPs in conjunction with some federal relief programs. 

For example: You may be working in qualifying employment for Public Service Loan Forgiveness and enrolled in IBR to receive lowered income-based payments on your Federal Direct Loans. If you qualify for an LRAP, you may be able to use these funds to make those lowered income-based monthly payments until you make 120 of them and the government grants you PSLF!

Where can I find an LRAP?

LRAPs are often available from schools, employers, states and the federal government. Use the menu options on the right to learn about school and employer-based and state and federal LRAPs.  Ask if you have an LRAP available to you!

What does your LRAP look like? Important questions to ask about any LRAP

What does your LRAP look like? Is there a service requirement? How long can you participate? Equal Justice Works has compiled some basic questions to ask about any LRAP. 

There's much more to know about LRAPs.  Get a copy of our ebook, Take Control of Your Future, to get the details on how these programs work and how you can benefit from them.

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