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Receive Money to Further Your Education

Receive Money to Further Your Education
July 13, 2005

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One of the most important benefits you can have as a Soldier is receiving money to further your education or pay off an existing student loan. While skills training in the Army is always a priority, so is encouraging Soldiers to attend college or take continuing education courses.

The following programs are available to all qualified applicants whether you're an Active Duty Soldier or in the Army Reserve.

Money for Your Education

The following programs can help you pay for college or pay off existing student loans.

Montgomery GI Bill (MGIB) and Army College Fund (ACF)

As a Soldier in the U.S. Army, you can take advantage of the Montgomery GI Bill and the Army College Fund as ways to pay for a college education.

Depending on how long you enlist with the Army, you can get up to $70,000 to help pay for college. All you have to do is give $100 a month during your first year of service. Monetary amounts differ whether you join as a Soldier on Active Duty or in the Army Reserve.

How's the Money?
  • Soldiers on Active Duty: Up to $70,000 to help pay for college.
  • Soldiers in the Army Reserve: Up to $22,000 to help pay for college.

Choose Army Reserve and Give Your MGIB a "Kicker"

The Army Reserve is always in need of filling certain jobs at certain locations. If you qualify and take one of these jobs, you can benefit by earning more through the MGIB Kicker. Your Kicker can be $100, $200, or $350 per month if you enroll in school full time. Amounts can vary depending on job and location.

How's the Money?

Up to $350 extra per month.

Reserve Officers' Training Corps (ROTC) Scholarship

College students on more than 700 campuses nationwide can take advantage of the best leadership course in America—Army ROTC Military Science and Leadership. Army ROTC Cadets gain practical experience in management and problem solving while training to become Army Officers. And college students, or those on their way to college, can compete for up to $17,000 per year in tuition scholarships, with generous textbook allowances.

How's the Money?

Earn up to $17,000 per year for college.

College Loan Repayment Program

Paying off your student loans can be made easier with the Army's College Loan Repayment Program. To take advantage of this program you must enlist full time in the Army for three years or in the Army Reserve for six years.

How's the Money?

  • Soldiers on Active Duty: Up to $65,000 for college loans.
  • Soldiers in the Army Reserve: Up to $20,000 for college loans.

Taking Classes While in the Army

The Army offers several opportunities for its Soldiers—whether you're on Active Duty or in the Army Reserve—to attend classes while being a Soldier. Here are just a few:

Concurrent Admissions Program (CONAP)

The Army partners with over 1,600 community colleges and four-year universities, so you can attend college either during or after your Army service.

eArmyU: Take Classes Online

You can also take college courses through online correspondence. You can take courses for college credit, earn certifications or further your Army training. The Army will provide the computer and you can learn through a virtual classroom.

© 2005 GoArmy. All opinions expressed in this article are the author's and do not necessarily reflect those of Military.com.

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