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Looking for an unsecured, very low interest rate loan for personnel currently in programs that will lead to their commissioning as military officers. (Specifically NROTC)

So far, I've found only one loan:
$25,000 @ 2% with USAA
Need to be withing 18 mos. of commissioning
Payment deferred until 3 mos. after commissioning.

I called Navy FCU (NFCU) and eventually got transferred to the Anapolis branch, where they said the only loan available was for already-commissioned officers, within 1 year of graduation.

2007-06-05 09:09:25 · 0 answers · asked by Brain 1 in Politics & Government Military

0 answers

the only loans I have ever heard of were offered while in OCS.. and it was strictly to pay for the uniforms, since Commissioned Officers do not get an initial issue nor do they get a yearly allowance.

My husband got a $3,000 loan.. and he had to begin paying it off by allotment the day he pinned on his Butter Bars.

2007-06-05 12:26:42 · answer #1 · answered by Mrsjvb 7 · 0 0

If you want to go to college, and willing to join the military as a commissioned officer, there are plenty of programs. Best one is ROTC. Check the link below for ROTC programs. The Navy ROTC is for Navy and Marine Corps.

2007-06-05 23:29:04 · answer #2 · answered by GIOSTORMUSN 5 · 0 0

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