CLASSES OF 2011 AND BEYOND QUICKLINKS:
FREQUENTLY ASKED QUESTIONS (FAQ)
The UCLA School of Law (UCLA Law) Loan Repayment Assistance Program (LRAP) is designed to aid UCLA Law J.D. graduates who wish to undertake qualified public service employment for nonprofit public interest organizations or government agencies (Please see the “Qualifying Employment” section of Program Guidelines for specifics). UCLA’s LRAP is integrated with the Income Based Repayment (IBR) option and the Public Service Loan Forgiveness Program provided by the federal government’s College Cost Reduction and Access Act of 2007 (the Act).
NOTE: Graduates seeking to participate in LRAP must begin participation in the Program within three years after the end of their loan grace period, which normally ends six months after graduation.
The LRAP will provide assistance on a yearly basis to eligible graduates with unlimited federal student loan debt which also takes into consideration any pre-law federal student loans. UCLA’s LRAP debt service for all applicants will take into consideration the IBR repayment regardless of the applicant’s actual repayment plan.
For applicants who currently do not utilize the Income Based Repayment, their monthly loan debt will be determined based on the lesser of: (a) the imputed IBR repayment or (b) the applicant’s actual repayment plan. In this case, the applicant will be responsible for at least the difference in his/her actual loan payments and the IBR calculation determined by the Law Financial Aid Office for the purposes of LRAP eligibility.
For applicants who currently have their loans consolidated and are utilizing the Income Based Repayment (IBR) to apply for an LRAP loan they must submit:
2.) The Employer Verification form
3.) A completed Loan Indebtedness Information Worksheet
4.) A copy of a disclosure statement for your federal consolidation loan reflecting the IBR repayment (see Exhibit #2 of the LRAP application)
5.) A copy of a disclosure statement for your Bar loan, if any
For applicants who currently do not have their federal student loans consolidated and are not utilizing the Income Based Repayment (IBR) to apply for an LRAP loan they must submit:
3.) A completed Loan Indebtedness Information Worksheet reflecting your current scheduled loan repayment terms
6.) A copy of your National Student Loan Data Systems (NSLDS) loan history, which is available at www.nslds.ed.gov
7.) A printout of the estimate IBR calculation
8.) A copy of a disclosure statement for your Bar loan, if any
Please review the Program Guidelines before submitting an LRAP application. Return the application and all required documents to:
UCLA School of Law
Office of Financial Aid, Room 1214
405 Hilgard Avenue
Los Angeles, CA 90095
Note: Incomplete applications will be returned. Reduction in benefits will apply to all completed applications submitted after the deadline date.
Applicants in the process of consolidating their federal student loans should still submit the LRAP application (pages 1-3) by the deadline date. For additional questions please contact the Law School Financial Aid Office.