Student Loan Interest Exemption during Qualifying Service

January 16, 2018|Posted in: Education, Finances, Military Appreciation

Service members are exempt from paying interest for up to 60 months on certain student loans while serving in an area that qualifies them for special pay. Service members and veterans may receive a refund if they overpaid interest during previous periods of qualifying service.

The Department of Defense, Department of Education and Department of Veterans Affairs are working to inform eligible military borrowers of this benefit and how to take advantage.

Check out the facts and learn how to apply for zero percent student loan interest relief or receive a refund. Please see the flyer below for more details.