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Campaign Funding Priorities and Naming Opportunities

Loan Repayment Assistance Program (LRAP)

The rising cost of receiving a legal education poses an especially distinctive challenge for graduating students entering into public interest legal jobs because they traditionally earn far lower salaries than those entering into the private sector. To help relieve some of the financial burdens faced by graduating law students who go into public interest law, many law schools across the country have enacted what is known as a Loan Repayment Assistance Program (LRAP).

Until 2008, the University of Texas Law School was the only top twenty law school that did not have an LRAP in place, and therefore was at a competitive disadvantage when good students who want to go into public interest law made their admission decisions. UT Law is currently seeking $8-10 million dollars to fund an LRAP endowment to give students the option of a career choice and to benefit the public interest organizations in the community and around the state.

To remain competitive with other top law schools, UT Law cannot afford to be the only school in the top twenty that does not offer an LRAP. A loan repayment assistance program will help UT Law draw a more diverse and even more selective group of students.

Each time one of these prospective students chooses a school other than UT, we miss the chance to build a critical mass of public interest-oriented students; the diverse racial, ethnic, socio-economic and political viewpoints such students would bring; and the opportunity to serve the community by educating its future leaders.

Naming Opportunities

Name Program$8,000,000
Endowed Loan Repayment Award$500,000
One Current Use LRAP Award
(paid over 3 years)
$60,000

Named endowment levels are based on budget requirements and an annual spending rate of approximately five percent of the value of the fund. Non-endowed (current use) gifts for the funding priorities listed above are welcome at all levels, and will be recognized in an appropriate way.

If you are interested in discussing this opportunity, please contact Carla Cooper, Assistant Dean for Alumni Relations and Development, at (512) 232-1939, or ccooper@law.utexas.edu.