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:: Army Loan Repayment Program

Make your enlistment pay off!

Concerned about the amount of college debt facing you and your family after graduation? Fear not. In the full-time duty Army, soldiers can qualify to have their loan repaid by the Military at the rate of one-third of the loan for each year of full-time duty served.

The Army's College Loan Repayment program allows you to pay off your federally insured student loans when you enlist in the Army in a qualifying job. To be eligible, you must enlist for three years on Active Duty or six years in the Army Reserve, and your loan status must not be in default.

For Active Duty Soldiers, you can receive up to $65,000 to repay your college loans. For Army Reserve Soldiers, you can receive up to $20,000 to repay your college loans. The following loans qualify for the Army's loan repayment program:

Auxiliary Loan Assistance for Students (ALAS)
Stafford Student Loan, formerly know as the Guaranteed Student Loan (GSL)
Parents Loans for Undergraduate Students (PLUS). Must be incurred for the use of the individual contracting for the program (not others such as relatives)
Consolidated Loan Program. Only covers Soldier's education expenses
Federally Insured Student Loans (FISL)
Perkins Loan, formerly known as the National Direct Student Loan (NDSL)
Supplemental Loans for Students (SLS)

If you have questions about any of these programs that offer money for your education, or to see if you qualify, contact your Army Recruiter.

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