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USAASC
Oct 16 2023
Love0

If I am selected to participate in the SLRP, how will the taxes be paid from the approved SLRP funding?

By Stefanie Pidgeon

The Service Agreement will provide the approved SLRP recipient with the tax withholding option only for lump sum payments by deducting the amount of taxes from the student loan repayment…

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Oct 16 2023
Love0

If I am selected to participate in the SLRP, what payment options do I have?

By Stefanie Pidgeon

The Service Agreement will state funding will be provided in a lump sum payment.

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Sep 10 2019
Love0

What do I put for the Organizational Budget Information?

By Stefanie Pidgeon

The Organizational Budget information is the POC in your organization’s Resource Management Office; the person responsible for handling salaries in your organization. If you are approved, you will need to…

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Sep 09 2019
Love0

I am a term employee, am I still eligible to apply?

By Stefanie Pidgeon

If you are a term employee with AT LEAST 3 more years on your term from the start date of your payments, then yes, you are eligible to apply. If…

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Sep 09 2019
Love0

I made a mistake on my application but it’s already submitted, can I change it?

By Stefanie Pidgeon

Yes, your application can be opened for you to make revisions; however, it can only be opened 2 times.  If you need your application re-opened after you have submitted it you…

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Oct 16 2023
Love0

What amount of the student loan repayment benefit do I enter on the Service Agreement?

By Stefanie Pidgeon

The approved amount provided by the SLRP PM.

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Oct 16 2023
Love0

Can I stop paying on my loan after I am accepted into the program?

By Stefanie Pidgeon

No, DO NOT stop your payments on your loan(s). If you default, the Army DACM Office SLRP will not pay any money towards your loan.

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Oct 17 2023
Love0

I am currently receiving loan repayment money from my organization (or any other organization) am I still eligible to apply for Army DACM Office SLRP?

By Stefanie Pidgeon

Federal employees, by law, can only receive $10,000 per calendar year towards student loan repayment. As long as you are not receiving $10,000 per calendar year from the other organization,…

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Sep 09 2019
Love0

Can I enter more than one loan to be repaid?

By Stefanie Pidgeon

Yes, you can enter multiple loans totaling up to $10,000.

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Sep 09 2019
Love0

What kind of loan documentation is acceptable?

By Stefanie Pidgeon

The loan documentation that needs to be provided may be screen shots and printed documents, downloaded from your account website. The information you upload must show your name, account number,…

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Sep 09 2019
Love0

What do I put for the Federal Tax ID?

By Stefanie Pidgeon

The Federal Tax ID number can be obtained from your lending institution. This is the tax identification number that is used on all federal tax forms. Look at your 1098…

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