Active Duty
$65,000 College Loan Repayment
The Army College Loan Repayment program allows participants to pay off federally insured student loans when they enlist in the Army, in a qualifying job. To be eligible, applicants must enlist for three years on Active Duty or six years in the Army Reserve and their loan status must not be in default. For Active Duty Soldiers, participants can receive up to $65,000 to repay college loans. For Army Reserve Soldiers, individuals can receive up to $20,000 to repay college loans. Contact the United States Army at 800-872-2769; Continue reading
Pennsylvania Soldiers Collect 2500
A one-time student loan forgiveness benefit of up to $2,500 can be yours if you served in the Armed Forces, in an active duty status, between September 11, 2001, and December 31, 2004. The Armed Forces Loan Forgiveness Program recognizes the bravery, dedication, and loyalty of our servicemen and women who served in the aftermath of September 11, 2001. To learn more about this program contact the Pennsylvania Higher Education Assistance Agency, PA State Grants and Special Programs, 1200 N 7th St, Harrisburg PA 17102-1444; (800)233-0557
Visit: www.pheaa.org/
Money for Retired Veterans to Go to School
(All-Volunteer Force Educational Assistance 64.124)
Honorably discharged veterans can take advantage of the Montgomery GI Bill Active Duty benefits, which provides funds to pursue professional or vocational education, and even covers correspondence courses.? Veterans can receive a monthly stipend while attending school, with the amount varying depending upon date of entry into the service and length of service. Additional information and application materials are available through any regional Veterans Affairs office. Contact Department of Veterans Affairs, Central Office, Washington, DC 20420; 202-273-7132, 800-827-1000; Continue reading