Nonprofit
loan forgiveness strengthened
Kellogg School increases funding for Public/Nonprofit
loan forgiveness program
The Kellogg
School of Management has increased the level at which qualifying
graduates employed in the public and nonprofit sectors are
eligible for enrollment in the schools Loan
Assistance Program (LAP).
Qualifying
graduates with adjusted incomes below $60,000 are now eligible
for aid. Previously, only those graduates with adjusted incomes
below $50,000 were able to participate in LAP.
Said Donald
Haider, professor of public management and the director of
Kelloggs program in nonprofit management: Thanks
to the generosity of several key supporters, especially the
Paul Collins Family, we are able to increase our support for
Kellogg grads currently engaged in public service. In appreciation,
we have named the loan forgiveness program The Collins Family
Loan Assistance Program.
LAP enables
Kellogg graduates to assume public or nonprofit careers by
reducing the educational debt burden that sometimes limits
them from pursuing such positions. This program represents
an important component of Kelloggs overall Public and
Nonprofit Management Program, demonstrating Kelloggs
commitment to meeting the growing need for public and nonprofit
professionals with managerial skills.
Applications
and additional details about the program may be obtained by
contacting the Kellogg Financial Aid Office at finaid@kellogg.northwestern.edu.
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