Private loans cannot be repaid under this program. Qualifying loans include:

College Loan Repayment Program (LRP)

For soldiers who enlist with student loan debt, the LRP program will repay 33 ⅓% of qualifying student loans or $1,500, whichever is greater, after each year of service for a total of three years (up to $65,000 minus taxes).

Private loans cannot be repaid under this program. Qualifying loans include:

• Direct Loans
• FFEL Loans
• PLUS Loans
• Supplemental Loans for Students (SLS)

Additional eligibility requirements include:

• You must agree to a three-year term of service.
• You must decline eligibility for the Montgomery GI Bill.
• You must have the LRP guaranteed in writing in your enlistment contract.
• This must be your first term of enlistment with the Army.
• You must have a high school diploma and score a 50 or higher on the Armed Services Vocational Aptitude Battery (ASVAB).
• You must enlist in one of the critical Military Occupational Specialties (recruiters have access to this list which changes quarterly).

For more information on either of these programs go to GoArmy.com.