2006-08-07 16:14:42 · 4 answers · asked by endlessandtrue 2 in Politics & Government ➔ Military
The regular, active duty army definitely does repay student loans, they repaid mine. It's the Student Loan Repayment Option, you can take it instead of the Montgomery GI Bill. They will repay up to $60,000, tho it may have increased to $120,000
I don't know if other services offer it or not, but the Active Army definitely does.
2006-08-07 16:22:31 · answer #1 · answered by Charles D 5 · 0⤊ 1⤋
I think it's the National Guard. I'm told that "regular" army doesn't pay for the school tuition already incurred... only the guard. Which the amount of time dedicated is longer (6 years??) compared to a four year term with the other branches. But check with a recruiter to be sure.
2006-08-07 23:18:17 · answer #2 · answered by just a mom 4 · 0⤊ 0⤋
The Army College Loan Repayment Program makes paying off your student loans easier.
Up to $65,000 for Soldiers who enlist full time in the Army for three or more years
Up to $20,000 for Soldiers who enlist in the Army Reserve for six years
2006-08-08 00:25:57 · answer #3 · answered by dlp1701 3 · 0⤊ 0⤋
All branches offer this, but it depends on what MOS you enlist in and the timing. Like all bonuses, it's getting in at the right time.
2006-08-07 23:18:55 · answer #4 · answered by Minion26 2 · 0⤊ 0⤋