To be eligible for the Haas LRAP, an applicant must work more than half-time for a nonprofit organization*, an agency of government*, or in social impact*. For the purposes of this determination, we have defined these as follows:

  • Nonprofit organization –  an organization that is tax-exempt under section 501(c)(3) or 501 (c) (4) of the Internal Revenue Code.
  • An agency of government  – can be any unit of local, state, or national government in the United States.
  • *Social Impact – applicants pursuing entrepreneurship full-time with a focus on a social impact venture may be considered for the program. Applicants working in for-profit social enterprises or corporate responsibility roles will be reviewed case-by-case, as social impact can be defined by industry, company, department, or job.

*Social Impact is evaluated and considered on a case-by-case basis each cycle, based on available funding.

*In exceptional situations, the Haas LRAP is available to graduates employed by a foreign government, a foreign nonprofit organization, or an international nonprofit organization as determined by the Haas Financial Aid Office.

Eligible Loans

The LRAP will reimburse payments made only on loans (private and federal) borrowed during the course of, and in order to fund, study in the Haas Full-time MBA Program. This includes:

  • FTMBA Loan
  • D.K. Kim Loan
  • Federal Direct Loan
  • Federal Graduate PLUS Loan
  • Risk-share loans for international students
  • Private loans certified by the Haas Financial Aid Office

Students with consolidated or refinanced loans may still apply. The LRAP reimbursement will, however, only apply to eligible MBA loans as noted above.