This one is at once slightly simpler and far more complicated than other options. The requirements are simple: Join the United States Military for repayment of your eligible college loans up to $65,000.
Okay, firstly not every Military Occupational Specialty (MOS) is eligible for the CLRP program. The second bit of important information to consider is that the different branches of the military have different payment caps, and that officers are ineligible – this is for enlisted personnel only.
Additionally, you may even receive this by enlisting in the Army National Guard, which offers up to $20,000.
If you hold a Auxiliary Loan Assistance for Students (ALAS) Loan, a Stafford Loan, A Parents PLUS loan for undergraduate students (with caveats), Federally Insured Loan (FISL), a Federal Perkins Loan, a Supplemental Loan for Students (SLS) or are taking advantage of the Consolidated Loan Program you may be eligible.
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