Military College Loan Repayment Program

The College Loan Repayment Program is an enlistment incentive. Like other enlistment incentives authorized by Congress, each of the services are free to offer the program, or not, as they see fit, in order to meet their established recruiting goals. Under the program, the military will repay a portion of eligible college loans for non-prior service military members. This program is for non-prior service enlisted personnel, only. Officers are not eligible.

The Army and Navy Reserves will repay 15 percent of the outstanding principle balance of the loan annually, or $1,500, whichever is greater, for each year of service. The Air National Guard will pay 15 percent, or $5,000 (whichever is greater) annually against the outstanding principle balance.

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Payments