Forgiveness Program

Military Loan Forgiveness

Loan Forgiveness Program for Military Personnel

Here are the major programs created to provide loan forgiveness for military personnel:

  • The Military College Loan Repayment Program (CLRP)
  • The Public Service Loan Forgiveness Program (PSLF)
  • The National Defense Student Loan Discharge (NDSLD)
  • The Service members Civil Relief Act (SCRA)
  • Student Loan Deferment Programs

Read on for details about how to utilize these programs to help reduce your existing student loan debt.

The Military College Loan Repayment Program

Military College Loan Repayment Program benefits are only available if you’ve already accumulated student loan debt and are considering joining the military in an active duty role, or if you’ve previously served in an active duty role and are now considering joining the reserves

CLRP benefits are available from each branch of the military, including the Army, Navy, Air Force, National Guard, Coast Guard and some branches of the Reserves.

In order to qualify for the military loan repayment program benefits, you will have to meet the following eligibility criteria.

You must:

  • Be enlisting in the military for the first time (or joining the reserves after completing an active duty enlistment)
  • Be enlisting in an MOS that is eligible for participation in CLRP (only those positions with shortages are eligible for CLRP benefits)
  • Hold a high school diploma (GEDs and equivalency tests do not qualify you for participation in this program)
  • Score at least a 50 on the Armed Forces Qualification Test
  • Request CLRP participation in writing on your enlistment contract
  • Decline participation in the Post 9/11 GI Bill (if you’re only enlisting for 4 years, if you’re enlisting for 6, this does not apply)
  • Have a student loan that meets CLRP program eligibility guidelines