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Paying For College

College Loan Repayment
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)

Army College Fund
The Army College Fund (ACF) is an enlistment incentive option designed to aid in the recruitment of highly qualified soldiers for critical or shortage Military Occupational Specialties (MOS). The ACF supplements the basic Montgomery GI Bill (MGIB) entitlement, and awards up to $50,000 in education benefits to those engaged in such critical specialities.

To take advantage of this program, you must enlist for the GI Bill and ACF option. To participate, you must meet MGIB eligibility criteria, have an Armed Forces Qualification Test (AFQT) score of 50 or above, be a high school diploma graduate prior to entry on active duty, and enlist for a qualifying military occupational specialty (MOS). Benefits will vary depending on your enlistment term.

Montgomery GI Bill
The Veterans Administration’s Montgomery GI Bill (MGIB) is an educational benefit program for active duty personnel in the Army and the Reserves. For more detail, click here.

Or, have you ever considered ROTC?

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Related Posts:

  • College Loan Repayment Program
    College Loan Repayment Program
  • Paying for College
    Paying for College
  • Reserve Education
    Reserve Education
  • Reserve Educational Opportunities
    Reserve Educational Opportunities
  • Concurrent Admissions Program (ConAP)
    Concurrent Admissions Program (ConAP)
  • Student Loan Form
    Student Loan Form

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Newest Handheld Radios Tested By Airborne Forces

FEBRUARY 24, 2021 – Airborne Soldiers with 1st Battalion, 504th Parachute Infantry Regiment (PIR), 82nd Airborne Division, completed almost two weeks testing the Army’s newest small leader radio (LR) packages. “Soldiers of the 82nd Airborne Division demonstrated tactical communications at its finest during the initial operational test,” said Maj. Brian Ramirez, Leader Radio (LR) Test […]

Answers to Top Questions About ACFT Equipment Fielding

OCTOBER 14, 2019 – As Army Soldiers start preparing for the new Army Combat Fitness Test, behind the scenes Army logisticians are also preparing to distribute more than 36,000 equipment sets to conduct the new test. At a recent Facebook Live event, watched by more than 150,000 viewers, Sergeant Major of the Army Michael Grinston […]

Leadership Mentoring Symposium Develops the Force

FEBRUARY 8, 2021 – Mentors and mentees virtually attending the two-day Air Education and Training Command Leadership Mentoring Symposium Jan. 26-27 were given tools needed to inspire and advance the force through mentoring. “Everyone needs mentors, and my advice is to find mentors within and outside of your career field, as well as mentors who […]

Air Force Allows Longer Braids, Ponytails, Bangs for Women

JANUARY 22, 2021 – As an outcome of the 101st Air Force uniform board, Air Force women will be able to wear their hair in up to two braids or a single ponytail with bulk not exceeding the width of the head and length not extending below a horizontal line running between the top of […]

Navy Modernizes Tuition Assistance Debt Payments

JANUARY 4, 2021 – The Navy has modernized the way Sailors, Marines, and Coast Guardsmen can pay back tuition assistance (TA) debts beginning in January 2021. The new program provides service members with the option to pay their debt on a mobile device or computer using a debit card, electronic funds transfer (EFT) or via […]

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