Are there any programs to help those in the military with student loan repayment?

Yes, there are programs to help those in the military with student loan repayment. The National Defense Authorization Act provides military personnel with options to better manage their student loan debt. This includes giving servicemembers the option to make reduced monthly payments, to reduce interest rates, and to temporarily pause loan payments. The Alaska Commission on Postsecondary Education (ACPE) provides guidance and information to Alaska students that are interested in joining the military and using their benefits for student loan repayment. The ACPE works with the branch of the military to assist with loan repayment programs that are specific to each branch and provides an overview of the Federal loan consolidation options that are available. The Alaska Veterans Payment Program is for Alaska veterans who have been on active duty and have outstanding student loans. The program offers financial assistance to help cover the costs of student loans. It also helps those in the military that have taken out student loans for their dependents and are unable to make payments on them. The U.S. Department of Education provides the William D. Ford Direct Loan Program, which is tailored for those serving in the military. Through this program, servicemembers may be able to consolidate their loans, receive a reduced interest rate, and have their balance forgiven. Finally, The Alaska Education Grant is another program available to those in the military. It is not loan specific, but it provides grants for those in need and who qualify. The grants are given to those in the military to help cover tuition costs and other educational expenses. Overall, there are several programs for those in the military that are looking for assistance with their student loan repayment. The National Defense Authorization Act, the Alaska Commission on Postsecondary Education, the Alaska Veterans Payment Program, and the William D. Ford Direct Loan Program all provide resources for those in the military. Additionally, the Alaska Education Grant provides financial assistance for tuition and other educational expenses.

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Are there any programs to help those in the military with student loan repayment?

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