Hi Ladies!
I am new to this board. My husband is about to start his fourth year, and we have run the Stafford loan program dry. That's right, we have actually maxed out on our loans. In order to pay for this last year of school, we are looking at the one year Army scholarship. (Hubby meets with a recruiter next week.)
I first want to thank you all for the time and detail you have taken with you past posts. I have spent hours reading over these, and I feel like I am gaining an invluable perspective on things.
I do have one question that I can't seem to find the answer to. An aquaintance of my husband mentioned something about payback time included reserve time. She sais something about being required to payback 8 years, but that some of those years could be reserve time. What in the world was she talking about?
I would appreciate any help you could give!
Thanks
Shelley
I am new to this board. My husband is about to start his fourth year, and we have run the Stafford loan program dry. That's right, we have actually maxed out on our loans. In order to pay for this last year of school, we are looking at the one year Army scholarship. (Hubby meets with a recruiter next week.)
I first want to thank you all for the time and detail you have taken with you past posts. I have spent hours reading over these, and I feel like I am gaining an invluable perspective on things.
I do have one question that I can't seem to find the answer to. An aquaintance of my husband mentioned something about payback time included reserve time. She sais something about being required to payback 8 years, but that some of those years could be reserve time. What in the world was she talking about?
I would appreciate any help you could give!
Thanks
Shelley
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