Army Emergency Relief > Home. AER provides loans that are always free from interest and fees to Service Members and immediate family members in need of financial assistance. Repayment of loans is vital to ensure that AER can continue to provide assistance to the community it serves. Army installations worldwide. I have an education debt Defense Finance. Army Individuals who have entered Active Duty service in any branch, with a debt that originated from the Army may apply to the Board for Correction to Military Records using DD. Settle your debt, get relief now! Call 888-621-8220 for your FREE consultation! Accelerated Financial Services. Greatly reduce your credit card balance and monthly payments with the help of Accelerated Financial Services. Except where disclosure is required by law, we do not share, sell, or trade the personally identifiable information from our donors or scholarship/financial assistance applicants. I have an education debt. Many military members receive an advance on educational assistance with the understanding that they meet certain conditions outlined in a contract. The individual is required to complete the educational requirements, and serve on active duty, for the full period outlined within the contract. If an individual voluntarily, or because of misconduct, fails to fulfill any condition or term in their contract, they must reimburse the military. The required repayment is considered a debt. The debt is comprised of the cost of tuition, books, supplies, miscellaneous expenses, etc. Any amount owed under the agreement is assessed interest based on the 9. Treasury Bill auction rate on the day which reimbursement is determined. Individuals have ten years, or 1. Educational related debts for tax purposes, are considered contract debts and not educational loans. Therefore, we will not issue a statement of paid interest for tax purposes. Student Loan Relief Programs 1 August 2011 Information Paper 1. Purpose: To provide information regarding federal student loan relief programs. The College Cost Reduction and Access Act (CCRAA. Military Debt Consolidation Debt Relief Program For. The government is very keen in these kinds of programs after all these persons have dedicated their. Military Debt Consolidation Debt Relief Program For Army. Army Emergency Relief (AER) Army National Guard: Federal Active Duty Benefit Fact Sheet. Army Emergency Relief; Army Family Action Plan Issue Management System. Financial Readiness Training. Military Debt Consolidation & Military Credit Counseling. Army Credit Counseling Other job-specific programs; Other types of student loan debt cancellation are treated as taxable income, leading to a potential tax liability, such as: Income-based repayment plan forgiveness. In some circumstances we will consider suspension of or reduced monthly payments due to full- time school enrollment or financial hardship. Each account is reviewed on a case- by- case basis. If you are requesting deferment of payment or a reduced monthly payment plan, please contact the Customer Care Center at 8. If suspension or a reduced monthly payment plan is approved, you will be required to certify annually by providing an updated Financial Status Form and verification of full- time enrollment. Learn about free debt relief programs for military service members and veterans including credit counseling, debt management and debt consolidation. About military relief organizations Military relief organizations are private. Some offer other special programs such as financial counseling. Army Emergency Relief or call 866-878-6378. If we do not receive proper documentation, we will continue the collection process including referral to the Treasury Offset Program, private collection agencies, Department of Justice for enforced collection, and credit bureau reporting. Please note that we have the option to resume collections at any time if an individual’s status changes or if additional information is obtained which indicates that an individual is able to make payments. If you need information pertaining to your cadet status please contact: HQ/AFOATS/SDCBA5. West Maxwell Blvd. Maxwell AFB, AL 3. You must submit a written request for records release, citing the request is submitted under the “Privacy Act” or “Freedom of Information Act”. You will receive a package comprised of all information taken into consideration when HQ AFROTC elected the disenrollment decision. The documentation will also include the field training report, counseling by the detachment, record of performance, etc. Each branch of military service has established specific guidelines regarding individuals that elect to serve active duty, in lieu of repayment of their debt. According to their contracts, service in Guard or Reserve forces does not qualify for termination consideration. Air Force. Upon commissioning, officers must forward: commissioning documentsorderscopy of ID card (front/back)certification letter from their commander. Send to: HQ AFROTC/RRFD5. East Maxwell Blvd. Maxwell AFB AL 3. Enlisted individuals (after serving 2. ID card (front/back)certification letter from the commanding officer. Send to: HQ AFROTC/RRFD5. East Maxwell Blvd. Maxwell AFB AL 3. Army Individuals who have entered Active Duty service in any branch, with a debt that originated from the Army may apply to the Board for Correction to Military Records using DD Form 1. Application for Correction of Military Record, to request termination of the debt. Submit your completed DD Form 1. Navy Both Officers and Enlisted members (after serving 2. To: Chief of Naval Education and Training. CNET (OT3. 6/0. 83)2. Dallas Street. Pensacola FL 3.
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