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Cornell LRAP

Posted: Sat Feb 20, 2016 4:19 pm
by amt791
Applying next cycle and Cornell is among my top choices. Found this thread

http://www.top-law-schools.com/forums/v ... p?t=150084

But it seems like the central question there is unresolved, and I can't figure out the answer by reading through the school's material, either. On TLS's breakdown of Cornell's LRAP it says, "Unlike most of its peer schools, Cornell has an LRAP which does not require the participant to enroll in the federal government’s IBR plan." Whereas the thread above seems to be saying Cornell does not allow participants to enroll in IBR.

Anyone know which one it is, or have any other insight into this program?

Re: Cornell LRAP

Posted: Sat Feb 20, 2016 4:58 pm
by amt791
hm. somehow i missed this on the website, which seems to make pretty clear that IBR is an option
Calculating Annual Awards

Participants will receive an award equal to the amount of their total eligible yearly IBR or PAYE payments plus the annual payment due on bar study loans up to $10,000. Participants are not required to place their loans in IBR or PAYE. However, awards will be calculated as if the loans are in IBR or PAYE. The Law School has the discretion to cap annual awards at $15,000.
not sure what that earlier thread is about at all, then. maybe this is a new thing with PILIPP II.

Re: Cornell LRAP

Posted: Sun Feb 21, 2016 1:07 am
by Lavitz
Yeah we revamped the whole LRAP recently.

Re: Cornell LRAP

Posted: Tue Feb 23, 2016 3:01 pm
by amt791
That is a relief. Thanks.