LeMoyne-Owen College is breaking down financial barriers with the launch of the Magician Advantage, a Loan Repayment Assistance Program (LRAP) that empowers our students and uplifts our community. Starting in the 2025–26 academic year, we’re ensuring that every Magician can pursue their dreams—with less debt and more peace of mind.
Magician Advantage Loan Repayment Assistance Program (LRAP)
A Bold Promise. A Brighter Future.
Your Potential Shouldn’t Be Limited by Debt
All incoming freshmen admitted with a 2.5 GPA or higher will automatically qualify for this groundbreaking program. If, after graduation, you earn less than $45,000 a year, the Magician Advantage will help repay up to $80,000 in federal student loans, private alternative loans, and even parent PLUS loans. Because we believe your education should launch your future, not limit it.
”“It’s about removing barriers, so students can get a great LeMoyne-Owen education, follow their passion, and shape the future of Memphis without fear of debt holding them back. It’s not just an investment in individuals; it’s an investment in our city.”
Dr. Christopher B. DavisPresident, LeMoyne-Owen College
A First for Tennessee. A First for HBCUs.
LeMoyne-Owen is proud to be the only college in the state—offering an LRAP to all eligible incoming freshmen. This is more than historic; it’s transformative. We’re changing how students experience college and what’s possible after graduation.
Contact locstudentaffairs@loc.edu for inquiries.