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Army Enlistment Incentives
Student Loan Repayment Program

By Rod Powers, About.com

The Student Loan Repayment Program offers eligible recruits who enlist in the active duty Army for at least three years up to $65,000 toward qualifying student loans. LRP is available with MOSs (Army jobs) that offer enlistment bonuses. (Note: Accepting the SLRP, usually reduces the amount of enlistment bonus authorized). The Montgomery GI Bill is not available with the Loan Repayment Program, but individuals may be eligible for the new GI Bill if they re-enlist.

The Army active duty Loan Repayment Program is also available to all qualified non-prior service Officer Candidate School (OCS) and Warrant Officer Flight Training (WOFT) applicants.

The Reserve Student Loan Repayment Program (SLRP) offers eligible recruits who enlist in a high-priority vacancy in a Selected Reserve Troop Program Unit up to $10,000 toward qualifying student loans. Selected job specialties offer up to $20,000.

The SLRP is also available to qualified prior service reserve applicants who enlist in a high-priority vacancy for three or more years. The SLRP may be combined with other enlistment incentives.

The Loan Repayment Program is also available to all qualified Army Reserve Officer Candidate School (OCS) applicants.

Want to learn more about Army enlistment incentives? See our Army Enlistment Incentives Menu.

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