MBA Finances
Haas Loan Repayment Assistance Program
Click here to download LRAP application
PROGRAM GUIDELINES
The Haas Loan Repayment Assistance Program (LRAP) is designed to provide modest
financial support to recent graduates of the Full-time MBA program employed in the public or
nonprofit sectors where salaries are typically lower than in the private sector. Graduates who
have accumulated significant debt for their education may feel constrained in their choice of employment
by the need to repay that debt. The Haas LRAP provides financial support to facilitate these employment
decisions. The program is administered by the Director of Financial Aid and funded with
Professional Degree Fee (PDF) revenue.
The Haas LRAP will issue grants to each qualified participant on a semi-annual basis reimbursing
her or him for all or a portion of the qualified educational loan payments made in the preceding
six months. Because most educational loans offer a six-month grace period following graduation,
graduates going directly into qualifying employment will usually receive their first Program grant
approximately one year after graduation.
In the event that funding is not sufficient to fully fund all qualified applicants in the manner anticipated above, the Financial Aid Committee will select Program participants and determine award levels. The Committee may opt to disburse available funds pro rata, or to adjust award levels on an individual basis considering salary and total loan indebtedness. Haas reserves the right to change or modify at any time all or part of the provisions stated in this policy, even as they apply to current participants. The current terms are subject to change at any point.
