Repayment of Student Loans was started by the Army as an enlistment enticement.
Eligibility Criteria
- Entered active duty from 1 Dec 80 through 30 Sep 81 or after 30 Sep 82. (LRP was a test program in FY81 and became permanent 30 Sep 82.)
- Be a non-prior service accession.
- Enlist with a high school diploma.
- Have an Armed Forces Qualification Test score of 50 or higher.
- Enlist in a critical military occupational specialty (MOS). These MOS's change quarterly. Your local recruiter will have the current list.
- Possess a loan that was made, insured or guaranteed under part B, D or E of the Higher Education Act of 1965 after 1 Oct 75 and prior to entering active duty.
Note: It is Army policy that no one be enlisted with a defaulted loan. Therefore, defaulted loans will not be repaid.
Qualifying Loans
- Parent Loans for Undergraduate Students (PLUS)
- Supplemental Loans for Students (SLS)
- Stafford Loans
- Perkins Loans
- William D. Ford Loans
- Consolidated Loans (loans must be in soldier's name)
Non-Qualifying Loans
There are many loans that do not qualify. Individuals should ensure that loans are covered under Title IV, part B, D and E prior to signing the enlistment agreement. Listed below are several kinds of loans that are not covered under the law cited above:
- Private loans
- Equity loans
- State funded loans
- Institution loans
- Consolidated loans in someone else's name
Contact an Army Recruiter to learn more about the Army Loan Repayment Program.
