is their a government fund that pays back for college loans if you go to college and then enlist?

like if you finish all your college, and then enlist, do they help you pay your existing Student Loans? or are you just S*** out of luck and have to pay them back on your own?

In 1996, after a few years of college, I enlisted in the Army. I can’t remember what the program was called, but while I was still in the inprocessing phase, I was asked if I wanted the G.I. Bill or if I want to pay off my College Loans. It was one or the other but I did have an option. I opted for the G.I Bill and paid of my loans in three years (could have deferred them). Since it is another incentive to join the Army I am sure it is still offered.

6 Responses to “is their a government fund that pays back for college loans if you go to college and then enlist?”

Goldenrae9 Says:

I think you’re out of luck, but the military itself may be a deferment for loans.
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perry e Says:

no they will not reemburse you… but you would then have a good chance off being an officer …..after u graduate..

perry
References :
im a disabled veteran and a veteran advocate … come see my web site for veterans … at …. http://www.2ndinfdiv.info …lots of info there for you ..

Amy B Says:

Actually, yes, the do pay some back. It depends on the kind of loan that you took out. My husband had his repayed. It is called CLRP. I included a link for you to look at. You need to make sure with your recruiter if you have an eligible loan, though. We have a friend that got in, then was told he didn’t have the right kind of loan. He fought it, and won, but still it was a hassle. Best of luck to you!
References :
http://usmilitary.about.com/cs/joiningup/a/clrp.htm?terms=college+loan

MadMaxx Says:

Why not go ROTC and get Uncle Sam to pay for your college… or do your time in, max contribute to the GI Bill, get out and go to college VERY cheap!
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zengunner8 Says:

In 1996, after a few years of college, I enlisted in the Army. I can’t remember what the program was called, but while I was still in the inprocessing phase, I was asked if I wanted the G.I. Bill or if I want to pay off my college loans. It was one or the other but I did have an option. I opted for the G.I Bill and paid of my loans in three years (could have deferred them). Since it is another incentive to join the Army I am sure it is still offered.
References :

mike l Says:

The National Guard has a student loan repayment program. If you enlist for 6 years they will back upto 20K of your federal loans.
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