Student Loan Repayment Program

Effective Date: March 1, 2009 Download pdf
         

1. PURPOSE: To provide general information and eligibility criteria for the SLRP.

2. General information:
a. Overview:
The SLRP is a part of the Army National Guard (ARNG) Selected Reserve Incentive Program (SRIP) Guidance for Fiscal Year (FY) 2007, 2008 and 2009, 10 August 2007 – 30 September 2009 (Policy Number 07-06) with Updates. This guidance was updated effective 1 March 2009.

b. Purpose:
The purpose of the SLRP is to assist ARNG leadership and personnel managers in meeting and sustaining the readiness requirements for the ARNG. The SLRP is used to recruit individuals with or without prior military service and to retain current members in the ARNG.

3. FACTS:
a. The ARNG offers the SLRP as an enlistment incentive for NPS and PS enlistees; and as a retention incentive for current guard Soldiers with a student loan obligation. It may be offered in addition to any other bonus. The total amount of SLRP will not exceed $50,000 with a maximum payment of 15 percent ($7,500 cap per Soldier, per year) or $500 per year, whichever is greater. The annual payment will include interest as long as the combined principal and interest payment does not exceed the maximum amount authorized under the law.

Bouns Option Amount Years of Service Payment Schedule
NPS Enlistment into CUIC, MTOE, 1AVCRAD, RTI2, Medical and Special Forces TDA Units Up to $50,000 6X2 or 8X0 15 percent of loan principle ($7,500 cap per Soldier, per year) or $500 per year, whichever is greater. Payments are processed upon completion of each year anniversary of entrance into the program.
PS Enlistment into CUIC, MTOE, AVCRAD, RTI, Medical and Special Forces TDA Units 6 Year Enlistment
Re-enlistment/Extension in MTOE, AVCRAD, RTI, Medical and Special Forces TDA Units 6 Year Re-enlistment/Extension

b. All NPS enlistees must meet the following eligibility requirements in addition to the general requirements in paragraph E:

  1. Enlist for either a 6x2 or 8x0 enlistment option.
  2. Enlist into a CUIC, MTOE, AVCRAD, RTI or a Medical or Special Forces TDA Unit.
  3. Qualify as a Category I-IIIA enlistment (AFQT of 50 or higher).

c. All PS enlistees must meet the following eligibility requirements in addition to the general requirements in paragraph E:

  1. Enlist for 6 years
  2. Enlist into a CUIC, MTOE, AVCRAD, RTI or a Medical or Special Forces TDA Unit.
  3. Must not have ever previously received the SLRP as an enlistment, re-enlistment or extension option in the Selected Reserve.
  4. Must be DMOSQ for the position for which enlisting.

d. Current Guard Soldiers must meet the following eligibility requirements in addition to the general requirements in paragraph E:

  1. Re-enlist/Extend for enough time to place their ETS at least 6 years out from the date of entry on the program. Soldiers who currently have 6 or more years from the date they execute a valid SLRP addendum to their current ETS may enter the program without executing an extension.
  2. Be assigned to a CUIC, MTOE, AVCRAD, RTI or a Medical or Special Forces TDA Unit.
  3. Must not have ever previously received the SLRP as an enlistment, re-enlistment or extension option in the Selected Reserve.
  4. Must be DMOSQ for their assigned position.

  5.  Soldiers may re-enlist/extend at any time in order to gain initial entry into the program and do not have to be within their 12 month window of ETS. After that they must re-enlist/extend IAW paragraph E (3) in order to maintain eligibility beyond the initial 6 year period.

 e. General Eligibility Requirements:

  1.  (1) Soldiers must have one or more qualifying, and disbursed loans at the time of enlistment/re-enlistment/extension.

  2. (2) Enlisted Soldiers receiving SLRP will remain eligible while attending OCS or Warrant Officer Candidate School (WOCS) or after contracting into the ROTC/SMP. Soldiers will alsoremain eligible upon commissioning or appointment, subject to the original restriction that their SLRP will be paid within the same period established in their original enlistment documents.

  3. (3) Any Soldier who initially contracts for the SLRP on or after 1 March 2009 may continue SLRP eligibility by extending for a period of not less than 6 years once they reach their 12 month extension window. Any period of extension of less than 6 years will terminate SLRP eligibility. These Soldiers may continue to extend in this manner until they reach the maximum dollar amount authorized on their initial SLRP contract.

  • (a) Any new qualifying loans that were disbursed during the previous 6 year period may be added upon extension.

  • (b) Payments on loans cannot exceed the $50,000 amount authorized under the initial contract.

 

f. Soldiers who enlist into the ARNG as a result of being conditionally released from the United States Army Reserve (USAR) and who are under a USAR SLRP contract will remain eligible under that contract as long as they meet the following requirements:

  1.  Must be DMOSQ for the position for which enlisting.

  2.  Enlist into a CUIC, MTOE, AVCRAD, RTI or a Medical or Special Forces TDA Unit.

  3. Must provide proof of any and all payments made by the USAR prior to being released. If no payments were made by the USAR, must provide proof of that fact as well.NG will pay may not exceed the original USAR contract amount. Any and all previous payments made by the USAR will be calculated against the total amount authorized under the contract in order to determine the remaining amount the ARNG will pay.

4. Point of Contact:

for inquiries on all Incentive programs is the Education and Incentive Support Center at the Professional Education Center (PEC) in Little Rock, Arkansas. Hours of operation are Monday through Friday from 0600-1800(CST). Question can be directed at 1-866-628-5999 or by email address esc@pec.ngb.army.mil



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