SGT Private RallyPoint Member 4251838 <div class="images-v2-count-0"></div>@loan repayment program @LRP @enlistment 2019-01-01T15:19:11-05:00 SGT Private RallyPoint Member 4251838

<div class="images-v2-count-0"></div>@loan repayment program @LRP @enlistment

2019-01-01T15:19:11-05:00 2019-01-01T15:19:11-05:00 1SG Private RallyPoint Member 4251845

<div class="images-v2-count-0"></div>No, but had them dismissed after service for service connected disabilities.

2019-01-01T15:21:28-05:00 2019-01-01T15:21:28-05:00 LTC Eugene Chu 4251859

<div class="images-v2-count-0"></div>I did not, but MBA classmate was a Navy veteran who did. She enlisted with undergraduate degree (and student loans). During her six year term, her first three years paid off debt and second three provided GI Bill eligibility for business school.

2019-01-01T15:29:46-05:00 2019-01-01T15:29:46-05:00 SFC Private RallyPoint Member 4251931

<div class="images-v2-count-0"></div>What most people don&#39;t account for is that the loan repayment is taxable income. The federal government is required to withhold part of the payment for taxes. So, even if you have a $30k loan and signed up for a $30k loan repayment, you&#39;ll actually receive $30k-taxes.

2019-01-01T16:07:24-05:00 2019-01-01T16:07:24-05:00 CPT Private RallyPoint Member 4255924

<div class="images-v2-count-0"></div>Not even close. I signed a 50K SLRP - found out that 1. It was taxable (buried in the contract) 2. It has an annual distribution cap. 3. It is a giant GIANT pain in the ass.<br />Good luck!

2019-01-03T09:50:53-05:00 2019-01-03T09:50:53-05:00 MAJ Private RallyPoint Member 4257160

<div class="images-v2-count-0"></div>Only federal student loans are paid. If you took out student loans for living expenses and what not from a bank or private lender these will not be paid. I took about 20k out on top of federal loans from another student loan lender to live on as I worked only in the summers while in college. Because private loans can be paid directly to the student, the money doesn&#39;t necessarily have to be used for tuition or supplies. Federal loans are paid to the college and anything extra over tuition for supplies is paid to the student. The Federal loans are then paid off in annual installments up to a cap over the term of your contract.

2019-01-03T18:10:49-05:00 2019-01-03T18:10:49-05:00 CPT Roger Sun 4258754

<div class="images-v2-count-0"></div>Yes, many moons ago...Uncle Sam paid it off in three years. Outstanding program!!

2019-01-04T12:02:37-05:00 2019-01-04T12:02:37-05:00 2019-01-01T15:19:11-05:00