CLASSES OF 2007-2010 QUICKLINKS:
CLASSES OF 2007-2010 (MAIN PAGE)
PROGRAM GUIDELINES
LRAP CANCELLATION 


General LRAP Information

  1. How does LRAP work? What can I expect after I submit my application?
  2. Will LRAP pay my student loans directly?
  3. What loans are eligible to be considered for LRAP?
  4. I was a joint degree student while pursuing my law degree. Do all of my loans throughout the four years qualify for LRAP?
  5. How does LRAP determine my annualized income?
  6. If my employment started on May 1 and I submitted my LRAP application within 30 days of obtaining the employment, how will my annualized income and LRAP benefits be calculated?
  7. I will be graduating in May. What is the earliest I can apply for LRAP assuming I will have eligible employment?
  8. Can I voluntarily waive the grace periods for my loans and begin my loan payments and LRAP participation?
  9. I noticed on the website that the cap on the loan debt covered by LRAP is $105k if I elect the Standard Option. Does that mean that if I have law school loans of $125k I will be responsible for making my own payments for the extra $20k I will owe, even if I am earning below the contribution point?
  10. Should I report gross or net income on my application?
  11. I received a pay raise after I submitted my LRAP application and my new salary will push me over the contribution point (or further over the contribution point). When and how much do I need to pay back?
  12. I secured employment with a private law firm and was offered a 1-year public interest deferred fellowship with a $50,000 stipend prior to the beginning of my employment. If my placement is considered LRAP qualifying employment, will I qualify for LRAP?
  13. My loans are currently in deferment/forbearance until I receive my LRAP loan, what repayment plan documentation do you need?
  14. When can I expect my LRAP payment?
  15. Does it matter when during the 12-month period I use the LRAP funds?
  16. When and how do I report income, repayment and address changes?
  17. Is there any way to ensure that my LRAP payment is processed via Bruin Direct?
  18. How will the reduced funding due to California's budget crisis affect LRAP?

Income Based Repayment (IBR)

  1. If I select the IBR Option now for LRAP assistance may I switch to the Standard Option later?
  2. Where can I find more information about IBR and the Public Service Loan Forgiveness (PSLF)?
  3. Why will only the IBR Option be offered to Classes of 2011 and beyond?

General LRAP Information

1.   How does LRAP work?  What can I expect after I submit my application?
Your LRAP application will be reviewed on a first-come, first-served basis.  The review should not exceed 30 days from the time you submit the application.

After your application has been reviewed, the Law School Financial Aid Office will electronically notify you of your LRAP eligibility.  We will use the email provided on the application to communicate this information to you.

If you are eligible for LRAP benefits, we will send you a Master Promissory Note and Statement of Rights and Responsibilities that need to be filled out, signed and mailed to the Law School Financial Aid Office.  Your original signature on these documents is required.

Upon the receipt of the above-mentioned documents, the Law School Financial Aid Office will enter the LRAP payment information in the system, after which your LRAP will be ready to disburse to BruinBill.

Once LRAP payment is credited to your BruinBill account, it will be released to you based on your method of disbursement currently reflected on MyUCLA (formerly URSA).  If you have not elected Bruin Direct (electronic fund transfer to your checking/savings account), your funds will arrive via paper check sent to your mailing address showing on MyUCLA (formerly URSA).

At the end of the calendar year (usually in the following January), you are required to show the Law School Financial Aid Office proof that the LRAP loan was used in its entirety to pay off outstanding loan debt.  Your loan payments to lender(s) for the period of eligibility covered by LRAP must at least equal the amount of LRAP received from UCLA Law, otherwise you will owe repayment on your LRAP loan and will not be eligible for future LRAP participation until you repay the outstanding balance.  More information regarding cancelation can be found at the LRAP cancelations webpage.

2.  Will LRAP pay my student loans directly?
No, after we receive your signed Promissory Note we will process a payment request and provide you with the funding of a LRAP loan for the repayment of your student loans for a 12-month period.  You will receive the money either through the Bruin Direct or as a paper check.  Paper checks are sent to the mailing address on file at http://my.ucla.edu/.

3.  What loans are eligible to be considered for LRAP?
Any law school debt, either from UCLA or another law school (if a transfer student), will be taken into consideration when determining LRAP benefits.  The debt limit of $105K still applies for the Standard Option.

4.  I was a joint degree student while pursuing my law degree.  Do all of my loans throughout the four years qualify for LRAP?
Yes, LRAP will cover all loan debt (not to exceed the maximum debt limit) incurred during the joint degree program.

5. How does LRAP determine my annualized income?
The applicant's annualized income is determined as an annual salary verified by the employer plus any additional income specified by the applicant on the "Financial Statement and Personal Information" section of the LRAP application.

6.  If my employment started on May 1 and I submitted my LRAP application within 30 days of obtaining the employment, how will my annualized income and LRAP benefits be calculated?
The applicant's annualized income will be determined as an annual salary verified by the employer plus any additional income the applicant will receive during the same period of LRAP eligibility specified by the applicant on the "Financial Statement and Personal Information" section of the LRAP application.  The LRAP eligibility will be pro-rated and assistance provided for eight months of eligibility (May - December).

7.  I will be graduating in May.  What is the earliest I can apply for LRAP assuming I will have eligible employment?
Because most educational loans offer a six-month grace period following graduation, graduates going directly into qualifying employment will usually receive their first LRAP loan approximately six months after graduation.  Graduates with qualifying employment and for whom their grace period ends prior to the calendar year of their graduation may receive LRAP support for that short period as part of their following year LRAP support (e.g. a 2010 graduate whose grace period ends in October 2010 may receive support for November and December 2010 and for calendar year 2011 through their 2011 LRAP application.  In order for the applicant to receive retroactive LRAP support for November and December, they must show proof of payments made to the lender(s)).

8.  Can I voluntarily waive the grace periods for my loans and begin my loan payments and LRAP participation?
No, LRAP coverage begins at the end of your grace period for federal loans, which is generally in November or December.

9.  I noticed on the website that the cap on the loan debt covered by LRAP is $105k if I elect the Standard Option. Does that mean that if I have law school loans of $125k I will be responsible for making my own payments for the extra $20k I will owe, even if I am below the contribution point?
Yes, that is correct.

10.  Should I report gross or net income on my application?
Please provide us with your gross income.

11.  I received a pay raise after I submitted my LRAP application and my new salary will push me over the contribution point (or further over the contribution point).  When and how much do I need to pay back?
Please send your updated salary information to finaid@law.ucla.edu.  The LRAP Coordinator will re-calculate your eligibility and notify you of the LRAP loan to be repaid.  UCLA Student Accounts will initiate the repayment process and the outstanding balance will be posted to your BruinBill account.

12.  I secured employment with a private law firm and was offered a 1-year public interest deferred fellowship with a $50,000 stipend prior to the beginning of my employment. If my placement is considered LRAP qualifying employment, will I qualify for LRAP?
LRAP is designed to solely provide assistance to graduates who are pursuing public interest work or government employment as a career. Graduates receiving such deferred fellowships do not meet the LRAP qualifying employment requirement because they have not relinquished their employment with the firm that is providing the fellowship. The employment has been deferred, but not terminated.

13.  My loans are currently in deferment/forbearance until I receive my LRAP loan, what repayment plan documentation do you need?
If your loans are in deferment or forbearance, you must provide us with documentation of your intended repayment plan. Once you start repayment, you must submit a loan term statement showing that your loans are in repayment and the repayment schedule.

14.  When can I expect my LRAP payment?
LRAP applications are processed in the order received.  For those applications received on the deadline date, we will make every effort to provide you with your Promissory Note within 30 days.

15.  Does it matter when during the 12-month period I use the LRAP funds?
Yes, it does matter. In order to receive LRAP funds you must be enrolled in a repayment plan and make the regularly scheduled payments within that payment period.

16.  When and how do I report income, repayment and address changes?
Please notify us of your income and repayment changes immediately by submitting a new Employer Verification Form or supporting documents from the servicer indicating new repayment terms.  Be sure to update your personal contact information at http://my.ucla.edu/.

17.  Is there any way to ensure that my LRAP payment is processed via Bruin Direct?
Bruin Direct online enrollment is available via your BruinBill account.  Please contact the UCLA Main Cashier's Office to check your status or for any questions.

18.  How will the reduced funding due to California's budget crisis affect LRAP?
Our LRAP is funded primarily by the Professional Degree Fee and is not dependent on state funding.

Income Based Repayment (IBR)

19.  If I select the IBR Option now for LRAP assistance may I switch to the Standard Option later?
No, once you elect the IBR Option you may not switch to the Standard Option for LRAP assistance.

20.  Where can I find more information about IBR and the Public Service Loan Forgiveness (PSLF)?
Please refer to the following link: http://studentaid.ed.gov/PORTALSWebApp/students/english/PSF.jsp

21.  Why will only the IBR Option be offered to Classes of 2011 and beyond?
The IBR Option will provide for the most effective use of LRAP resources and allow eligible participants to avail themselves of the opportunity for lower monthly debt payments through Federal government support.