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Military.com    Military.com Forums  Hop To Forum Categories  Education  Hop To Forums  Tuition Assistance    How does college loan repayment work?

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How does college loan repayment work?
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19172152
New Member
posted
I'm considering to join the army in hopes that they will repay some of my student loans. If you have your student loans repayed does that inhibit you from receiving funds for a secondary degree such as a masters? Also is there any loan forgiveness or repament for an active enlistee's spouce?
 
Posts: 1 | Registered: Thu 18 August 2011Edit or Delete MessageReport This Post IP
Dave_M
Lead Moderator, Veterans Issues & Education

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1. You get either Loan Repayment or the GI Bill
2. Nothing for spouses unless they join.
3. If you reenlist, then you become eligable for the GI Bill
4. There are in service education programs
5. Officer do not get student loan repayment
6. Only certain types of student loans can be repaid
7. It is taxable income
 
Posts: 19184 | Registered: Sun 14 January 2007Edit or Delete MessageReport This Post IP
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anyutaoo
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This message has been edited. Last edited by: RetiredCareerCounsel,
 
Posts: 10 | Registered: Sun 21 August 2011Edit or Delete MessageReport This Post IP
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edramos70
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I need to know what specific loans can be repaid? Does anyone know? Also, I`m entering in seminary to become a chaplian, but i`m 41. Can anyone give me some assistance on the best option for serve. National Reserve or Army? I saw the Nation Guard has a six year repayment program does that apply to the reserve?
 
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Ignored post by edramos70 posted Show Post
Dave_M
Lead Moderator, Veterans Issues & Education

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Loan repayment programs are not for officers. As far as serving this is not the right place. This is veterans and active duty education.

Anything National Guard is on a state by state basis.
 
Posts: 19184 | Registered: Sun 14 January 2007Edit or Delete MessageReport This Post IP
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RetiredCareerCounsel
Moderator, Veteran's Education
MSG, USA (Ret),School Certifying Official
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Closing this Discussion. Anyone reading this with similar questions needs to ask their question(s) in the Joining the Military Forum.


All opinions I express on this web site are as a private individual. I am not representing my employer in any shape, means, form, manner or in any official capacity.
 
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