Description |
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The Secretary of Defense may consider an enlisted member eligible for the Active Duty Education Loan Repayment Program for service performed in a military occupational specialty specified by the Secretary of Defense if the member holds one of the following types of loans:
- a loan made, insured, or guaranteed under the Stafford Federal Student Loan Program
- a loan made under the William D. Ford Federal Direct Loan Program
- a loan made under the Federal Family Education Loan Program
- a loan incurred for educational purposes made by a lender that is an agency or instrumentality of a state
- a loan incurred for educational purposes made by a lender that is a financial, credit, or insurance institution that is subject to examination and supervision by a federal agency or state
- a loan incurred for educational purposes made by a lender that is a pension fund approved by the Secretary of Defense for the Active Duty Education Loan Repayment Program.
- a loan incurred for educational purposes made by a lender that is a non-profit private entity designated by a State, regulated by such State and approved by the Secretary of Defense for the Active Duty Education Loan Repayment Program. |
Comments |
Business Rule Extra Properties |
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Business Rule Number: | 1000313 |
APG Compliant? | |
Business Rule Category: | Action Assertion |
Business Rule Level: | Operational |
Business Rule Source Type: | Compliance Requirement |
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Determine Member's Eligibility for Other Deductions |
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