Posted on Jan 13, 2021
Does anybody know the exact process for the Student Loan Repayment Program in the Army Reserve?
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Posted 4 y ago
Responses: 3
What specifically do you want to know? You will get a contract listing the amount of student loan repayment you are signing for. It’s usually broken up over multiple years. You will be taxed on the amount because they consider it as income (yeah insane right!?) and once the taxes are deducted out the remainder is sent to your lender directly.
Each year before your anniversary date you have to go to the self service website and make sure your student loan accounts are listed in the self service portal for them to be able to pay your lender.
Each year before your anniversary date you have to go to the self service website and make sure your student loan accounts are listed in the self service portal for them to be able to pay your lender.
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Do you have an RPAC at your Reserve Center? An education office? I would start there.
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Upon graduation you need to get your college transcripts sealed and your NSLD loan documents head over to your education officer or education civilian in your unit and have them process for payment.
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