Manchester offers loan repayment safety net for 2023 Wabash County high school grads

NORTH MANCHESTER, Indiana – Manchester University is proud to offer a loan repayment assistance program (LRAP) to students who graduate from Wabash County high schools in 2023.

“This is a demonstration of our commitment to our neighbors in Wabash County. They will receive a high-quality education that prepares them for the workforce and life after graduation. If your income after graduation is modest, this program can help you repay your student loans,” said President Dave McFadden.

The LRAP can help graduates with their federal student, parent PLUS and private alternative loans if their income after graduation is below $44,000. 

“Removing financial barriers is critical and powerful when combined with initiatives that help students see themselves as college students,” said Patty Grant, executive director of the Community Foundation of Wabash County. Her organization promotes education and endeavors to link resources so that individuals and families can reach their most cherished goals.

“While the value of a degree from Manchester cannot be measured in dollars alone, we understand that many families have concerns about student loans. We want to ease those concerns by offering this financial safety net,” said Ryon Kaopuiki, vice president for admissions.

Manchester is partnering with Ardeo Education Solutions to offer the LRAP option at no cost to students or families. The assistance will continue until the graduate’s annual income exceeds $44,000 or until their loans are completely paid off.

Nearly 200 colleges and universities around the nation have partnered with Ardeo to ease the worry surrounding student loan debt. 

For more information about LRAP at Manchester, contact the Admissions Office at admitinfo@manchester.edu.

Manchester has already waived the enrollment deposit for all incoming undergraduate students in Fall 2023. 

The admissions staff is trained to help every step of the way – completing the application, finding scholarships and financial aid, filing the FAFSA, scheduling a campus visit and simply going through all the forms and paperwork.

The LRAP for students from Wabash County is part of Manchester’s multipronged approach to make the cost of an excellent college education within reach:

• For qualified Indiana students, the Indiana Tuition Bridge Program eliminates out-of-pocket tuition expenses for up to four years by combining state and federal grant funding with Manchester scholarships.
• To give students and families a predictable total cost from start to finish and make it easier for them to budget, tuition rates for each incoming class are set and locked in for four years. 
• The MU Triple Guarantee guarantees 100 percent of MU undergraduates will receive financial aid, graduation in four years or less, and a job or enrollment in graduate school within six months of graduation. There are dozens of scholarships.
  
• Manchester received $1 million this fall from Lilly Endowment Inc. to extend its outreach to traditionally underserved students and their families. NxtGen on Campus will help Manchester serve students who come from first-generation, traditionally underserved and undocumented communities.  
  
  Background information
•  More on LRAP at Manchester 
• More on Ardeo Education Solutions
• More on LRAPs
• More on the Community Foundation of Wabash County