Student Loan Repayment Program

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Non-Prior Service

Cat I - IIIA Enlistment (AFQT 50 or higher)
Enlist for the 6x2, or 8x0 option in an MTOE Unit
Have one or more existing, qualifying loans at the time of enlistment.
Soldiers may incur additional student loans ONLY during a subsequent period of reenlistment.

** Promissory notes must be submitted prior to a SLRP Control Number being issued to ensure loan eligibility **

Prior-Service Enlistees & Current ARNG Members

MOSQ for duty position in which enlisting or extending.
Enlist in a valid, vacant position within unit's established, authorized wartime strength at the MOS level.
Have not previously received the SLRP as an enlistment, re-enlistment or extension option in any Selected Reserve
Prior-Service Applicants may enlist, and Current ARNG Soldiers may extend at any time, for a term of service of not less than 6 years in order to establish SLRP eligibility.
SLRP may be offered regardless of the number of years a Soldier has at the time he or she meets other requirements.
Have at least one qualifying, existing loan at the time of re-enlistment or extension. If soldiers enlist or extend in a Critical UIC or Critical MOS they may incur additional student loans during the contracted period of enlistment.
Soldiers may continue to extend until they reach the maximum dollar amount authorized under their respective SLRP contract.

** Promissory notes must be submitted prior to a SLRP control number being issued to ensure loan eligibility **

** Soldiers who have completed or are currently under contract for the previously authorized $20,000 SLRP benefit, may not transfer to the new $50,000 SLRP option **

Payments

Total amount of payments will not exceed $50,000 with maximum payment of 15% or $500 per year, whichever is greater ($7,500 per Soldier, per year)

**Principle & interest may be included**
Memorandums will be submitted to the unit and the Soldier within 90 days of the Soldier's anniversary date, along with a DD Form 2475 to initiate annual payments.
SLRP is the Soldier's responsibility; payments and loans must remain in good standing.