New Brochure Helps Explain Service Members’ Federal Student Loan Benefits
U.S. military service is certainly not for the 'faint of heart.' From yearlong deployments away from family and friends, to missed birthdays, holidays, and wedding anniversaries, to the inherent risks of military training and combat, it is among the most arduous jobs an American could volunteer to do. And yet, young men and women continue to answer their nation's call to service and for those sacrifices, we are grateful. With hard duty comes many federal educational benefits that service members and their families may not be aware of. The U.S. Department of Education is here to help alleviate that problem with its issuance of a new brochure on its website, "For Members of the U.S. Armed Forces: What you need to know about your federal student loan benefits."
Did you know that U.S. military service may qualify for Public Service Loan Forgiveness?
Did you know that while a service member is deployed to a hostile area that qualifies him/her for special pay, such as hostile fire / imminent danger pay, he/she does not have to pay interest on Direct Loans made on or after October 1, 2008, for up to 60 months?
Learn these facts and more, and please thank a veteran for his/her service!
Semper Fidelis,
James D. Jarvis
Major, U.S. Marine Corps (Retired)
