LRAPs
How they Help
Ardeo’s LRAPs positively impact enrollment decisions in favor of your college. Loan repayment assistance programs (LRAPs) help colleges and universities enroll and retain students who may feel college is not affordable, by resolving the fear of loans and student debt.
If a student’s income after graduation is modest, their LRAP helps repay their student loans – including federal student, private alternative and parent PLUS loans. LRAPs work like student loan insurance – providing a significant safety-net for students and families.
Higher education leaders appreciate Ardeo’s LRAPs because they help schools differentiate their value proposition, improve student yield and retention, and reinforces their commitment to students’ long term success.