ArmyStudyGuide.com Community

   

ArmyStudyGuide.com's Community is an Army Forum
 
ArmyStudyGuide.com    ArmyStudyGuide Community    Forums  Hop To Forum Categories  Reenlistment Forum  Hop To Forums  Bonuses    SLRP Qualifying Loans
Go
New
Find
Notify
Tools
Reply
  
-star Rating Rate It!  Login/Join 

Posted
So I'm up for re-enlistment into the reserves and am trying to figure out if I can convert or get my Student Loans to qualify for SLRP. They are currently private student loans but Im goingto consolidate them. The qualifing loans per the SLRP are: Stafford Loans (subsidized), Stafford Loans (unsusidized), Federally Insured Student Loans, Perkins Loans, Auxiliary Loans to Assist Students (ALAS), Supplemental Loans for Students (SLS), Consolidated Loan Program (CLP) and (SMART), and William D. Ford Federal Direct Loan Program. If I consolidate would my loan be considered a Consolidated Loan Program? Or is that only federal loan consolidations? Thanks for any help!
 
Posts: 16 | Registered: 27 February 2008Reply With QuoteEdit or Delete MessageReport This Post
Sev

Picture of Sev
Posted Hide Post
I believe you will still qualify for SLRP. Here is some information regarding loans that was recently passed down my CoC:

The Army Reserve will implement a new Soldier self-service web site for
the Student Loan Repayment Program (SLRP) on 1 February 2008. The web
site is part of the Web-Enabled Education Benefit System (WEBS) where a
variety of educational programs including Tuition Assistance, REAP, MGIB
and now SLRP, are accessible to Soldiers. Soldiers may access WEBS by
visiting https://rcms.ocar.army.pentagon.mil/Education and using their
AKO user ID and password. After logging on to WEBS, Soldiers should
select the "My Loan Repayment Program Home Page" link.

Effective 1 February 2008, units are not responsible to certify DD 2475s
or forward SLRP claims to the USAR Pay Center (UPC). Soldiers will use
the SLRP web site to print DD Form 2475s to initiate their annual loan
repayment application, manage their loan information, inquire on the
status of payments, or view information on the SLRP. Beginning 1 April
2008, the SLRP web site will be the only acceptable mechanism for
Soldiers to initiate their SLRP payments. The USAR Pay Center will not
accept payment claims from other than the web site after 31 March 2008.

The web site receives information on SLRP eligible Soldiers from Recruit
Quota System (REQUEST) and Retention Management System (RMS). Newly
eligible Soldiers will receive an AKO email prompting them to visit the
web site and record their loan information. Beginning 1 February 2008,
Soldiers who are within 60 days of their SLRP anniversary date will
receive an AKO email prompting them to visit the web site to initiate
their SLRP claim. The SLRP web site contains an on-line user's guide
and a function for the user to submit questions and inquiries. A copy
of the user's guide is also available from the G-8 web page on the USARC
Intranet at
https://usarcintra/dcscompt.www/SOTeam/SOTeam-C/New%20Web/Reserve%20Pay/
dcs_g8_Ref.htm.
__________________________

I believe when I was going through that online form and filling it out, there was sufficient information in it regarding consolidation, and what loans can be consolidated. Pretty much any loans that can be proven were taken for your education, and qualify for repayment by the Army, can be consolidated.


I can kill a terrorist just like you can.
 
Posts: 5 | Location: Galt's Gulch | Registered: 05 January 2008Reply With QuoteEdit or Delete MessageReport This Post

Posted Hide Post
Thanks, awesome info. I hope this works out. It will definatly help me out alot if I can qualify for the SLRP.
 
Posts: 16 | Registered: 27 February 2008Reply With QuoteEdit or Delete MessageReport This Post

Posted Hide Post
Anybody else? I need help as of right now my loans don't qualify for SLRP cause they are rpivate. Is there anyway toc change them to a qualifying loan or a way around this?
 
Posts: 16 | Registered: 27 February 2008Reply With QuoteEdit or Delete MessageReport This Post
 Previous Topic | Next Topic powered by eve community  
 

ArmyStudyGuide.com    ArmyStudyGuide Community    Forums  Hop To Forum Categories  Reenlistment Forum  Hop To Forums  Bonuses    SLRP Qualifying Loans

Untitled Document
 
 
   
 
    
Civilian Job Translator
Match your military MOS with civilian jobs and training.
Salary & Degree Finder
Find salary and degree info for civilian careers.
 
 
  
Google Site maps Generator Tool