When to go LRAP or when to take the money and run
Posted: Sat Jan 27, 2018 10:11 am
Hey so this is a cross post from ¨Choosing a Law School¨, because I have received very little feed back from the board over there and thought maybe it was because the topic has a little bit more to do with financial aid.
Seeing as this is a cross post i took out a lot of detail. If you are curious about more details about my specific scenario read here:
http://www.top-law-schools.com/forums/v ... 1&t=285487
Basically, I want to know where you all would draw the line with taking a full scholarship over taking advantage of LRAP at a T10 for someone 100% interested in a PI track.
I see the 3 big downfalls of LRAP being:
1. PSLF getting canceled
2. Not getting LRAP elegible employment
3. Less flexibility in employment opportunities
The biggest concern nowadays with law school in general is obviously employment. This is where I feel the T10 school is the safer choice, even with sticker price, if one is committed to LRAP as it can be seen as a back door scholarship with pretty high security of getting a job. Also, most T10 schools would simply go back to their old LRAPs if PSLF were cancelled and we weren’t somehow grandfathered in to the program, so that also becomes less of a concern.
So the question is at what point would you say these benefits are outweighed by the freedom that comes from full tuition scholarships? Obviously you don’t want to attend a TTT but let’s say something like BU or UW’s Gates Scholarship? Do you take the money and accept the fact your employment opportunities will be less than at a T10 or do you go T10 and just count on LRAP?
Thanks in advanced
Seeing as this is a cross post i took out a lot of detail. If you are curious about more details about my specific scenario read here:
http://www.top-law-schools.com/forums/v ... 1&t=285487
Basically, I want to know where you all would draw the line with taking a full scholarship over taking advantage of LRAP at a T10 for someone 100% interested in a PI track.
I see the 3 big downfalls of LRAP being:
1. PSLF getting canceled
2. Not getting LRAP elegible employment
3. Less flexibility in employment opportunities
The biggest concern nowadays with law school in general is obviously employment. This is where I feel the T10 school is the safer choice, even with sticker price, if one is committed to LRAP as it can be seen as a back door scholarship with pretty high security of getting a job. Also, most T10 schools would simply go back to their old LRAPs if PSLF were cancelled and we weren’t somehow grandfathered in to the program, so that also becomes less of a concern.
So the question is at what point would you say these benefits are outweighed by the freedom that comes from full tuition scholarships? Obviously you don’t want to attend a TTT but let’s say something like BU or UW’s Gates Scholarship? Do you take the money and accept the fact your employment opportunities will be less than at a T10 or do you go T10 and just count on LRAP?
Thanks in advanced