Airmen would have to complete training up to 3-level skill in their Air Force specialty among other requirements. Image: zimmytws/Shutterstock.com
By: FEDweek StaffEnlisted airmen can again take advantage of the Air Force’s Enlisted College Loan Repayment Program (ECLRP), which had been discontinued in 2014. It provides potential recruits with as much as $65,000 to repay student loans. Some conditions apply.
Airmen have to complete training up to 3-level skill in their Air Force specialty and be contracted to receive the ECLRP in order to get their money.
Once in, they will continue to receive the repayments until their annual funds are exhausted. Also, new recruits in high-demand careers could get additional funding through initial enlistment bonuses provided by the Air Force Recruiting Service. They can use both ECLRP and the enlistment bonuses at the same time, rather than having to pick one or the other.
Eligible reserve enlisteds, officers also can get relief from college loan debt through the Student Loan Repayment Program (SLRP). To qualify, they need to complete one year of their six-year contract. Annual payments up to $3,500 per year would be made directly to the lending institution.
Judge Orders VA to Reinstate Union Contract for 320,000 Workers
Pentagon Orders “Hard Reset” of Legal Operations Within Six Months
Hegseth: Supervisors Expected to Encourage Personnel to Volunteer for ICE, CBP Details
Retirement Application Processing Backlog Nearly Doubles in Four Months
VA Ends Reporting of Some Veterans to Federal Gun Background Check System
Report Calls on VA to Better Oversee Contracted Care for Veterans
