LRAP Questions
Posted: Thu Jan 18, 2018 11:29 pm
1) What is negative amortization risk / protection - as outlined on the spreadsheet?
2) So if programs are 10 years, does that mean that all your debt should be paid off at the end or that you're left to pay whatever else is there in full?
3) Does LRAP kind of function as a back-end scholarship? So if a school has a great LRAP and I'm committed to PI, should I not mind taking on a lot of debt?
4) If a clerkship does not qualify for an LRAP, are we supposed to pay our loans in full during that year or two?
2) So if programs are 10 years, does that mean that all your debt should be paid off at the end or that you're left to pay whatever else is there in full?
3) Does LRAP kind of function as a back-end scholarship? So if a school has a great LRAP and I'm committed to PI, should I not mind taking on a lot of debt?
4) If a clerkship does not qualify for an LRAP, are we supposed to pay our loans in full during that year or two?