FINANCIAL AID AND OTHER PROGRAMS
CANCELLATION OF FEDERAL STUDENT LOANS
If you have already been to college, and you are currently serving on active duty, you may qualify for a cancellation of your student loans.
This program permits Soldiers who have served in combat situations to cancel up to 100 percent of their Federal Perkins Loans, or National Direct Student Loans. This benefit does not apply to Stafford loans or PLUS loans.
Active duty Soldiers in hostile fire or imminent danger pay areas for at least one year are eligible for cancellation of their Federal Perkins Loan Program student loans.
COLLEGE LOAN REPAYMENT
Under the Loan Repayment Program. the Army will repay part of your student loans under certain conditions:
- Soldier must decline enrollment in the Montgomery GI Bill in writing, using DD Form 2366
- Soldier must have Loan Repayment Program guaranteed in writing in the enlistment contract using DA Form 3286-66)
- Soldier must have no prior military service
- Soldier must have a high school diploma and a score of 50 or higher on the Armed Services Vocational Aptitude Battery (ASVAB)
- Soldier must enlist in one of the critical Military Occupational Specialties (MOS) that are required under the Loan Repayment Program. (Your recruiter will have a full list of the specialties.)
CONCURRENT ADMISSIONS PROGRAM (ConAp)
The Concurrent Admissions Program (ConAP) allows you to earn credit towards your college degree while serving in the Army or Army Reserve.
After you complete your time in the Army, you will be able to transition directly to one of more than 1,900 colleges participating in the ConAP program. Your college will award credit hours for courses you took and job training you completed while serving in the Army or Army Reserve – putting you well on your way to earning your degree. ConAP is intended for new enlistees in the Regular Army and the Army Reserve.
- Enlist in the Army or Army Reserve
- Join the Future Soldier Program
While in ConAP, you will also be able to utilize other education benefits, including the GI Bill, the Army Loan Repayment Program, and Tuition Assistance.
MILITARY SPOUSE EDUCATION AND CAREER OPPORTUNITIES (SECO)
Through the Military Spouse Education Career Opportunities program, eligible military spouses receive funding support for education, licensing and credentials, career counseling services, and employment readiness tools and resources to assist them no matter where they find themselves in their career.
Program resources include:
- Military OneSource SECO Career Center where certified career
counselors provide comprehensive counseling services at no cost.
development program that provides up to a $4,000 scholarship for education,
training and licensing to eligible military spouses.
employment and career partnership connecting military spouses with more than
270 corporate partner employers who have pledged to recruit, hire, promote
and retain military Spouses in portable careers.