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

Yes, in Oregon there are several programs available to help those in the military with student loan repayment. The Servicemembers Civil Relief Act (SCRA) is a federal law that provides relief from some of the civil obligations that can interfere with service – including student loan payments. The law includes a 6% cap on interest rates on all loans taken out prior to entering active military duty. The Oregon Student Loan Repayment Assistance Program (SLRAP), also known as the Oregon Veterans Education Benefit Program, provides state-funded assistance for student loan repayment to Oregon veterans and their families. This program helps reduce or eliminate the amount of simple interest that the borrower would have paid had the loan not been forgiven. For those who qualify, this program will cover up to 100% of the eligible student loan debt. The National Guard/Reserve Student Loan Repayment Program provides assistance to members of the National Guard or Reserves who have been called to active duty and are struggling with their student loan payments. With this program, members who have been called to active duty can apply to have their student loans forgiven. Finally, the Oregon National Guard Education Assistance Program (ONGEAP) is available to members of the Oregon National Guard. This program helps members with their tuition and fees payments, as well as their book costs and other educational-related expenses. Overall, Oregon provides several programs to help those in the military with student loan repayment. These programs can reduce or eliminate the amount of simple interest that the borrower would have paid and help Oregon veterans and their families handle their student loan payments.

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

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