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The Class of 2011 wrapped up three years of fundraising with great success and voted to direct their Legacy Fund Gift of $8,534 to Albany Law School’s Loan Repayment Assistance Program (LRAP).
LRAP is a forgivable loan program designed to help alleviate the financial burden of student loans on graduates who wish to pursue careers in public interest law, as well as city, county and state attorney's offices and agencies operated by a city, county or state.
"Students come in frequently asking about LRAP," said Andrea Wedler, director of financial aid for the law school. "From talking to them, I think it's a selling point; it helps them commit to that public service job."
To qualify for LRAP, a graduate can only be out of school for less than three years, have more than $50,000 to pay back on a school loan, and qualify under asset and income limits.