Does anyone know how to get private loans paid for by the military?

Written By: admin on June 13, 2009 One Comment

I joined the Navy with a sign-on benefit of ,000 in loan repayment. I was told at the time I joined that my Sallie Mae loans would be covered, but now they are telling me that these loans are not covered because they are private. I have about ,000 in federal loans that are going to be repaid, but I still have a very large amount of private loans. I was initially told that I could simply refinance my private loans as federal loans and they would be repaid by the Navy, but now I know that it is impossible to turn private loans into federal loans. Does anyone know of a way to get my private loans (up to ,000 minus the amount of federal loans already covered) repaid by the Navy/military?