Servicemember Benefits

There are a number of options available to student loan borrowers in the military. Below you will find information about these options, including how to apply for these benefits. If you are experiencing difficulty making payments, there are also different repayment options available to assist you in repaying your student loan(s).

We have specialists available to answer any questions you may have regarding military service related benefits. To reach a Servicemember Specialist, call 1-800-719-0708, and choose option 7. You may also email us.

For more information and resources, please review the U.S. Department of Education’s Servicemembers Brochure.

*Benefits marked with an asterisk (*) are also available to NHHELCO Alternative Student Loans (TREE^SM, LEAF^SM, EDvestinU®)

Benefits	How to Apply
Benefits	How to Apply	Servicemembers Civil Relief Act (SCRA) Interest Rate Cap* Interest on federal student loans obtained prior to your military service is limited to 6% during periods of active duty. The interest rate limitation also applies to any private education loans you may have.	If we identify you as an active duty servicemember through the Department of Defense (DOD) website and you meet the eligibility requirements, we will automatically place your eligible loans on SCRA and monitor your account to ensure that your interest, fees, and costs are capped at 6% while you are serving active duty. If this benefit has not been applied to your account and you believe you are eligible, please contact us. If you would like to submit your request via paper, please mail a copy of your military orders or a letter from your commanding officer along with your written request for the interest rate cap. The request and supporting documentation must be received no later than 180 days after your termination or release from active duty.
Military Service Deferment* You can postpone federal student loan repayment during certain periods of active duty, such as during war, other military operation, or national emergency, and immediately following active duty.	Complete the Military/Post-Active Duty Deferment form and have your commanding or personnel officer certify in Section 4. or Provide a copy of your military orders or written statement from your commanding or personnel officer.
Department of Defense (DOD) Repayment of Your Loans In certain circumstances, as determined by the DOD, all or a portion of your loans may be repaid by the DOD.	Visit Military OneSource to explore DOD information and resources for Higher Education for Service Members.

Benefit*

Servicemembers Civil Relief Act (SCRA) Interest Rate Cap*

Interest on federal student loans obtained prior to your military service is limited to 6% during periods of active duty. The interest rate limitation also applies to any private education loans you may have.

HOW TO APPLY

If we identify you as an active duty servicemember through the Department of Defense (DOD) website and you meet the eligibility requirements, we will automatically place your eligible loans on SCRA and monitor your account to ensure that your interest, fees, and costs are capped at 6% while you are serving active duty. If this benefit has not been applied to your account and you believe you are eligible, please contact us.

If you would like to submit your request via paper, please mail a copy of your military orders or a letter from your commanding officer along with your written request for the interest rate cap.

The request and supporting documentation must be received no later than 180 days after your termination or release from active duty.

Military Service Deferment*

You can postpone federal student loan repayment during certain periods of active duty, such as during war, other military operation, or national emergency, and immediately following active duty.

HOW TO APPLY

Complete the Military/Post-Active Duty Deferment form and have your commanding or personnel officer certify in Section 4.

or

Provide a copy of your military orders or written statement from your commanding or personnel officer.

Department of Defense (DOD) Repayment of Your Loans

In certain circumstances, as determined by the DOD, all or a portion of your loans may be repaid by the DOD.

HOW TO APPLY

Visit Military OneSource to explore DOD information and resources for Higher Education for Service Members.

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