Active Army College Loan Repayment Program Service question?


You pay one third of your salary per year for three years. You must be registered at least three years, and they repay federal student loans and not private. In addition, the amount they repay taxpayers, then you are at the end of unpaid taxes three years in a row. The Army has repaid $ 25,000 for me, and I landed because of a few hundred dollars in taxes per year.

The only other “catch” you need to know is that you do not qualify for the Montgomery GI Bill. You can post 11:09 GI Bill, but three years, you have your student loan will be repaid not count found. Therefore, for the post 11:09 GI Bill, you have at least three more years to serve on active duty. (This usually means re-enrollment.)

But if this all works right you can really get ahead. I had my student loan will be repaid, and that I served six years I had the whole post 11:09 GI Bill. Since I already had a bachelor, I am a Graduate Certificate, as we speak. I will still leave a lot for the Master’s degree.

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