LRAP Blog

WEBINAR: Level Up – How To Get The Most Out Of Your LRAP, Enhance Your Value Prop With LRAP

LRAP News August 12, 2020

Check out Alderson Broaddus University’s LRAP strategy in this 30-minute webinar recording featuring AB’s Dr. Eric Shor and Ardeo’s Dr. Jonathan Shores. AB offers LRAP to all incoming freshman in order to differentiate itself from neighboring universities. By reducing prospective students’ loan anxiety, LRAP has helped AB increase enrollment and retention.

“We saw right away of those students who took LRAP versus those students who choose not to in that first class, we saw a 10 percent increase in retention from those students who decided to take LRAP. That made us even more excited right there to say, ‘hey, listen, this is even more beneficial to us and paying for itself in more ways because we’re getting an increase in retention from those who take LRAP,’” – Dr. Eric Shor | Alderson Broaddus University