403 Words2 Pages

CLRP
Who is authorized to receive CLRP? Chaplains
What is the period of contract time? 3 years
How many periods can he contract for? 4
What is the dollar value? $6,666.66/year for 3 years = $20,000
What if he has less than $20,000? 33.33%; Law says no more than 50% first year
Can a chaplain contract for CLRP after already being in the service? Yes! It’s not an accession incentive
What types of loans can be paid? Federal loans on graduate level
SLRP
What DODi covers this? 1205.21
Law? Ch 1609 Title 10 Sec 16301
Can we pay private loans? Yes, according to Law, DODi, and DA
Most common loans? Stafford, consolidated, perkins, federal direct
Min. AFQT 50 for NPS
How many times can you contract SLRP? Once. See AR 135-7
Min dispersed loans? 1*…show more content…*

Current year minus five (for a total of six years) HPLRP By law, what is the max amount of HPLRP that can be offered? $60,000 annually Within an HPLRP contract, can they add loans after the date of contract? NO Same amount for every AOC? No Private loans repaid? Yes Who reviews HPLRP CN requests? AMEDD NGB team (not PEC) What law covers HPLRP? Title 10 Ch 1609 Sec 16302 What AR? 135-7 Defaulted loans on date of contract can never be paid Who is responsible for good standing loans? SM How many years must SM serve before loans can be paid? 1 year SLRP MCN: S PS: P NPS:

Current year minus five (for a total of six years) HPLRP By law, what is the max amount of HPLRP that can be offered? $60,000 annually Within an HPLRP contract, can they add loans after the date of contract? NO Same amount for every AOC? No Private loans repaid? Yes Who reviews HPLRP CN requests? AMEDD NGB team (not PEC) What law covers HPLRP? Title 10 Ch 1609 Sec 16302 What AR? 135-7 Defaulted loans on date of contract can never be paid Who is responsible for good standing loans? SM How many years must SM serve before loans can be paid? 1 year SLRP MCN: S PS: P NPS:

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