2006-12-06 08:51:38 · 4 answers · asked by Anonymous in Education & Reference ➔ Financial Aid
If you are enrolled in the armed forces and are deployed while you are paying your loans back you can apply for a special deferment. So in a way...yes! This is because they would not expect a payment. However it is your responsibilty to notify your lender to tell them this applies to you, and you will have to provide proof.
2006-12-06 10:16:56 · answer #1 · answered by Mrs. Murphy 2 · 0⤊ 0⤋
Student loans have to be paid back no matter what you do. Not even bancruptcy can prevent paying them. The armed forces will help pay for them usually, but if you don't pay them back you default no matter what. Deferments can be made to extend the deadline for payment so you won't default. You don't have to enlist to get help with student loans.
2006-12-06 17:01:57 · answer #2 · answered by justagirl 2 · 0⤊ 0⤋
The U.S. military gives you access to money through the G.I. bill, up to something like $120,000 for an education. I don't know if you get the money right off the bat or after you have served your first 8 years.
2006-12-06 17:03:13 · answer #3 · answered by gregory_dittman 7 · 0⤊ 0⤋
I tend to doubt it, as the Banks want their money. I would think the lenders would garnish your pay. I don't know for sure.
2006-12-06 17:01:25 · answer #4 · answered by Anonymous · 0⤊ 0⤋