Did Harvard’s recent endowment losses cause any significant decrease in the generosity of the financial aid office?
JR: On the contrary, HLS has increased its financial aid support by over $2.5M from pre-recession levels during this time of greater need. The increased financial aid funds have resulted in more need-based grants, more Low-Income Protection Plan (LIPP) funds, more Summer Public Interest Funding (SPIF) money, and more postgraduate public service fellowships. TLS: HLS seems to really pride itself on LIPP – what makes it such a special program, and so different from LRAPs at other law schools? JR: Our Low-Income Protection Plan (LIPP) is the most flexible Loan Repayment Assistance Program of any in the country. It doesn’t require that you commit to a minimum number of years in public service to receive and keep your LIPP benefits, you don’t have to repay your loans on an artificially extended term, and it doesn’t limit coverage to public service jobs. Many other schools have programs with one or more of these limitations, and sometimes many others. These limitations reduce the cost of the
Related Questions
- I had significant investments in the stock market and because of the recent drops in the market have lost a considerable amount of wealth. How does this affect my students financial aid at Whitman?
- I did not file tax returns or will not file tax returns for the most recent tax year. Since the Financial Aid Office requests copies of federal tax returns, what should I do?
- What is the difference between the Financial Aid Office and Student Financial Services?
