Am I eligible to receive student loans while under Army SLRP? While they're getting paid?
- MrsjvbLv 79 months ago
one has nothing to do with the other. keep in mind that you won't be in a position to be requesting any SL while AD anyway.
the first 12-24 months you will be in training and not permitted to take outside college classes. after that you will use the military's Tuition Assistance program( $4500/yer or 16 credits) and you will only be taking one class at a time. maybe.
SLRP over $10K is paid out in three equal payments. the first coming after you report to your first duty station. the other 2 a year and 2 years later. under $10k is in one lump sum. it does NOT pay the interest accrued, only the principal.
SLRP is not always the better option. one, only a few MOSs are actually eligible to receive e that in the contract. two, the GI Bill is worth way more most of the time.
- 9 months ago
Is speak to your university to see what options they have