Miles and Nancy Rubin Loan Repayment Assistance Program (LRAP) and the Anonymous Public Service Loan Repayment Assistance Program
The Miles and Nancy Rubin Loan Repayment Assistance Program and the Anonymous Public Service Loan Repayment Assistance Program was established in recognition of the following facts: acquiring a legal education is costly; many students graduate with sizeable educational debt; and the financial pressures of that debt deter some students from pursuing relatively low-paying public interest jobs and careers. Initial support was given by the Cummins Engine Foundation, and continued through gifts from Ken and Harle Montgomery and Miles and Nancy Rubin.
Under the program, Stanford Law School lends money to help graduates who have taken a lower-paying public-interest or government job and who has need-based educational debt. These LRAP loans, which may be renewed annually, are used by graduates to make payments on student loans. The LRAP loans are forgiven on an annual basis once employment and income have been verified. If a graduate remains in public interest for a period of ten years, up to 100% of the graduate’s student loans may be forgiven.
Questions about the program should be addressed to the Office of Financial Aid staff at 650 723.9247 or to Anna Wang, Associate Dean for Public Service and Public Interest Law, at 650 723.2519.