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Can I Use My Post 9/11 GI Bill to Pay Back My Wife’s Student Loans?

Can I Use My Post 9/11 GI Bill to Pay Back My Wife’s Student Loans?

by Chris Tracy | March 14th, 2011

Q: Can I use my Post 9/11 GI Bill to pay back my wife’s student loans?

A: For some reason, this question is coming up a lot lately. While it is possible to have both the GI Bill and Student Loan Repayment Program (SLRP) for two different qualifying periods of service, it is not possible to use the GI Bill to directly pay off your student loans let alone someone else’s. The reason – they are two separate programs managed by two separate agencies. SLRP is managed by the individual service branch offering the program, while the various GI Bills are administrated and managed by the Department of Veterans Affairs therefore different pots of money are involved.

Also, not all student loans qualify for SLRP, so your wife’s loans might not qualify for repayment anyway. Generally only Federally-backed loans qualify.

Stumble!

Tags: G.I. Bill, student Loan Reapyment Program,
Posted in G.I. Bill Student Loan Repayment Program |Comments Off on Can I Use My Post 9/11 GI Bill to Pay Back My Wife’s Student Loans?

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