MBA Finances
Haas Loan Repayment Assistance Program -- Calculation of Program Assistance
Calculation of Program Assistance
The Haas Director of Financial Aid will determine and award all LRAP grants, subject to the review and approval of the Financial Aid Committee. The Program will award each participant a grant on a semi-annual basis equal to the participant's total repayments actually made on the principal and capitalized interest of eligible loans during the preceding six month period. To take maximum advantage of the Program, participants are advised to make payments equal to those due under a standard ten-year repayment plan. Payments made in excess of those due under a ten-year repayment schedule are not eligible for reimbursement by the Program. Expect up to 8 weeks for reimbursement from campus.
