U.S. Navy Loan Repayment Program

The Navy will pay for up to $65,000 of qualified loans acquired from a post-secondary education. To be eligible for this enlisted program the loan cannot be in default and it must be the applicant’s first enlistment. The LRP is available to all active duty Navy enlisted positions!



For more information, please visit:
http://www.navy.com/benefits/education/payoff/

Qualifying Loans
The loan must be entered into before going joining the military. The following loans qualify for the College Loan Repayment Program:

- Auxiliary Loan Assistance for Students (ALAS)
- Stafford Student Loan, formerly know as the Guaranteed Student Loan (GSL)
- Parents Loans for Undergraduate Students (PLUS). Must be incurred for the use of the individual contracting for the program (not others such as relatives)
- Consolidated Loan Program. Only covers the member's education expenses
- Federally Insured Student Loans (FISL)
- Perkins Loan, formerly known as the National Direct Student Loan (NDSL)
- Supplemental Loans for Students (SLS)

For more information, please visit:
http://www.navy.com/benefits/education/payoff/

Don't Go, There's More!!

View all the details and perhaps even apply for this scholarship. Not only that, but you will find even more scholarship opportunities and financial information along the way.
Register or log in by selecting the appropriate button below.
  

Undergraduate Scholarships

Latest College & Financial Aid News

Top Majors for College Class of 2014 Announced

by Suada Kolovic

If you're struggling to come up with ideas for possible majors and post-collegiate careers, looking at majors that are sought after may not be a bad place to start. According to a survey conducted by the National Association of Colleges and Employers (NACE), organizations are most interested in hiring new college graduates with bachelor's degrees in the business, engineering and computer science [...]

Register and Win $500 from Scholarships.com

by Suada Kolovic

Looking for a way to pay for your college education that includes free money? Well, you’re in luck! Here at Scholarships.com, we provide users with the most relevant scholarships and educational information out there. By registering at Scholarships.com, you’ll have access to more than 2.7 million local, state and national college scholarships and grants worth $1.9 billion...and did [...]

Udacity Discontinues Free Certificates

by Suada Kolovic

With the cost of a college education continuing to skyrocket, Massive Open Online Courses (MOOCs) have become increasingly popular. If you’re not familiar with MOOCs, they provide students with the opportunity to study high quality courses online with prestigious universities – we’re talking Harvard, Yale and Stanford – for free. Well, at least, that used to be the case: Udacity, one of the [...]

Follow Us:

facebook twitter rss feed