California Council of MOAA California Council of MOAA
California Council of MOAA California Council of MOAA
Member Login    News    Event Calendar      
California Council of MOAA


Recent News:
(Published in last 30 days)


California Council of MOAA
Legislative Update 07.03.19

SBP_DIC Offset

MOAA Privacy Policy

GREAT Job looking out for TROOPS

Honorable Brian Maienschein awaded CALMOAA Leadership Award

Arlington National Cemetery Eligibility Overview Report to Congress

Emergency Response and Relief Non Profit Extending Help to Californians

RX OPEN ACTIVATED In Response to CA Wildfires

SB 1071

President Sacramento Chapter recognized as JROTC Instructor

CA 54 Member LT Brian Thompson USCG PCS to NC

Department of Defense CA ESGR Why become an ESGR Volunteer

ALL SERVICES RETIREE SEMINAR COAST GUARD ISLAND ALAMEDA CA

Fed Collaboration Raises Awareness of Zero Interest Student Loan

CDVA Women Veterans Benefits and Employment Seminar

SCA19 Introduced Property taxation base year value transfer for Vets

Camp Lejeune Health and Disability Benefits

Korean Ambassador for Peace Medal

Ambassador For Peace Medal

TRICARE NEWS

Military experts Leaders Say UP or OUT System Outdated

Pharmacy Fee Hikes Feb 1 Will Drive More Rx Business onto Base

Corn Beef Dinner All VSO Veterans Memorial Building Fundraiser

MOAA National Conference at Sheraton Grand Phoenix

New VA information ib health registries

VA to Expand Telehealth Services

Job List Network Jan 8 2018

VA Discloses Ratings of its 146 Medical Centers

Letter of Appreciation from MOAA President to CDR Lichtenstern

Facebook Cybersecurity University Information

NEW MILITARY RETIREMENT SYSTEM EFFECTIVE JAN 1 2018

Heres How the 2018 Tricare Changes Impact Guard and Reservists

Ventura County Chapter of MOAA

CALMOAA Donating to Semper Fi Fund Camp Pendleton CA

Veteans Compensation Benefits Rate Tables Effective Dec 1 2017

VA Medical Scheduling Now Available Online

Vets Must Apply Onliine for new VA ID Card

VA Joins Task Force To Address Mortgage Refinancing Issue

Here's How Tricares 2017 Changes Affect You

AIR FORCE BOOSTS PAY INCENTIVES TARGETS RETIREES AMID PILOT SHORTAGE

Breaking News   
Register for News Story Emails

Fed Collaboration Raises Awareness of Zero Interest Student Loan

 

Federal Collaboration Raises Awareness of Zero Percent Interest Student Loan Benefit for Military Service

The Department of Defense is collaborating with the Departments of Education (ED) and Veterans Affairs to educate service members and veterans about a significant student loan benefit based on their military service. Federal law exempts members of the military from paying interest for up to 60 months on certain student loans while serving or having served in an area that qualifies them to receive hostile fire or imminent danger pay. Service members and veterans can also apply retroactively based on previous qualifying military service. This benefit applies to direct loans or a portion of a direct consolidation loan made on or after Oct. 1, 2008.
 
“The DOD is excited to collaborate with our federal partners to make sure members of the uniformed services are aware of this education benefit and know how to take advantage of it,” said Fred Drummond, deputy assistant secretary of defense for force education and training. “It’s also important for service members and veterans to know that if they overpaid student loan interest they can take action to get a refund.”
 
To build awareness of the benefit among military borrowers, the DOD joined forces with ED and the VA on a multifaceted communications campaign to reach service members and veterans, and their families, through a variety of platforms.
 
Taking advantage of this student loan benefit is simple and straightforward. Eligible active duty, National Guard, and Reserve service members and veterans can take these actions to avoid student loan interest:
 
1.    Check your loan type and servicer by logging in to “My Federal Student Aid” at



Return to News Stories
California Council of MOAA
California Council of MOAA