Army National Guard Offers a Way to Pay Federal Student Loans

One of the Army National Guard’s best selling points is its ability to help pay for its Soldiers’ educations.

There are many paths to earning a degree without incurring a ton of debt or any debt at all, like the Guard’s Federal and State tuition assistance programs, but one benefit the Guard offers – the Student Loan Repayment Program – can pay down balances on Federal student loans a Soldier already has.

CPT Peter Brookes, the Enlisted Incentives Program Manager with the Army National Guard, explains: “The gist of it is that we pay 15% or $500 a year of the overall Federal student loans you have when you join the Guard, up to $50,000, inclusive of interest for a 6 year commitment.”

The most important caveat for the program, says CPT Brookes, is that the money goes to the lending institution – not the Soldier. Also, it’s not a one-time check to the lender. For example, for a Guard member who has $50,000 in Federal student loans, the Guard would pay 15% per each individual loan of that balance, up to $7,500 per year.

The Student Loan Repayment Program (SLRP) applies to only Federal loans. State loans and private loans do not qualify.

There are also requirements associated with a Soldier’s status within the Guard. Different standards apply for new Soldiers coming in with no prior service, Soldiers who have prior military service, and those who are already serving in the Guard.

CPT Brookes says for anyone new coming into the Guard, there are three basic eligibility requirements for SLRP – Soldiers must be high school graduates who are moving into a vacant position in the Guard and have a minimum Armed Forces Qualifying Test score of 50 and established Federal student loan debt.

As of this writing, CPT Brookes says new Soldiers can pick one of three incentives between SLRP, the Montgomery GI Bill Kicker, which is $350 a month that goes to a Soldier who’s enrolled in college, for up to 36 months, or a Non-Prior Service Enlistment Bonus for $7,500.

Some of those incentives can be combined with the Guard’s education benefits, which CPT Brookes describes as “unparalleled.”

“When you consider that for the vast majority of us, [Guard service] is a part-time job, it’s pretty phenomenal, he says. “I can’t even think of a civilian equivalent out there for education benefits for a part-time job.”

Not only can Soldiers take advantage of potentially earning free degrees through State Tuition Assistance Programs (programs vary by State), “you can still go and get your [Montgomery GI Bill] Kicker as well,” says CPT Brookes. “So basically you’re getting paid to go to college.” outlines all of the Guard’s benefits, but CPT Brookes says recruiters are the best source for information on benefits, incentives, or bonuses that apply to each State.

Your local recruiter can also help you decide on the job you’ll train to do in the Guard, called your Military Occupational Specialty (MOS). For more information on Guard careers, check out our job board, where you can research more than 150 options in fields ranging from administration, to infantry, engineering, military intelligence, and more.

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