U.S. Army Loan Repayment Program

$1,500

June 23, 2021

Awards Available: See Description

  • Scholarship Description
  • U.S Army Loan Repayment Program helps servicemen repay qualified student loans. Out of all the service branches, the Army’s CLRP benefits package is typically regarded as the best, since it provides up to $65,000 in lifetime student loan forgiveness. The benefit is doled out on an annual basis, beginning as soon as a Soldier completes his first year of qualifying service, and provided at a rate of either 33.33% of his or her loan’s outstanding principle balance, or $1,500, whichever amount is greater. Eligibility Criteria:To qualify for Army student loan repayment benefits, you must enlist for Active Duty service in the Army and: -Request to participate in the LRP program during your enlistment process.
    -Get your participation annotated in writing on your enlistment contract. -Decline participation in the Post 9/11 GI Bill in writing, using DD Form 2366 (see section below for details). -Hold a high school diploma (GED equivalents will not suffice) at the time of your enlistment. -Score a 50 or higher on the Armed Forces Qualification Test (your main score from the ASVAB you took before enlisting). -Enlist in a Military Occupational Specialty (MOS) deemed eligible for participation in the CLRP at the time of your enlistment (check with your recruiter to make sure that your MOS applies at the time you join up, as eligible programs change by the day). -Be on a non-prior service accession (unless you’re using enlistment in the Reserves to qualify for LRP benefits). -Have a student loan that qualifies for participating in the Army’s CLRP program (one insured or guaranteed by the Higher Education Act of 1965, Title IV, Part B, D, or E). For more information or to apply, please visit the scholarship provider’s website.

  • Contact
  • U.S. Army Education Division
  • help.myarmybenefits@us.army.mil
  • 800-339-0473

See if you qualify for this award

Learn more about this scholarship and many more.
Find Scholarships Instantly!
  

Comments (0)

expand_more

Care to comment?
Go ahead - we're listening! Did you apply for this scholarship? Why? Why not? Maybe you even won!
Your comments could help fellow Scholarships.com members.


If you can read this, don't touch the following fields


Latest College & Financial Aid News

Colleges Waiving SAT and ACT Requirements for Merit Scholarships

September 22, 2020

by Izzy Hall

Many colleges have waived SAT and ACT score requirements for high school seniors currently applying to college due to how difficult it has been to sign up for standardized testing during the coronavirus pandemic. Now some colleges are also waiving standardized test score requirements when awarding merit scholarships to incoming students. Instead of requiring SAT and ACT scores, these schools will award scholarships based on high school GPA. [...]

Introducing Scholarships.com’s Online Education Section for Students

September 17, 2020

by Izzy Hall

It’s new. It’s different. It can be frustrating. It’s probably how you’re experiencing school these days. It’s online education. The coronavirus has rapidly expanded the adoption of online, virtual and distance learning, from college all the way down to elementary school. As a relatively new practice, schools, students and staff have all had to make adjustments to their curriculums and their expectations. Students may be wondering – how can I be successful in online school? How can I make it work for me? Our new Online Education section has the answers to all of your online learning questions. [...]

Facebook Launches New College-Only Student Platform

September 15, 2020

by Susan Dutca-Lovell

Facebook is returning to its roots with the launch of Facebook Campus, a college-only space designed to help students connect with fellow classmates over shared interests, according to the press release. The social media giant, which had originally started its life as a networking site for college students, is now refocusing its efforts on connecting students, particularly in the wake of COVID, even if they are away from college. Here's what you can expect from the new Facebook Campus platform if you are a college student: [...]