Updated: August 16, 2014
Update: Effective May 1, 2013, the new list of LRP and EB eligible ratings.
Starting today, the Navy Student Loan Repayment Program (LRP) now includes two additional ratings for those enlisting on to active duty. It has been a while since we have seen a change. It has been nine months, since February 1, 2012, that only the Musician (MU) rating has been eligible for LRP. Additionally, since the programs inception, having just a single rating eligible has been an anomaly. Granted, it is just two more ratings, but they are fairly popular based on the comments and emails I receive.
Starting today (October 1, 2012), along with the Musician rating, the Hospital Corpsman (HM-SG) and Cryptologic Technician – Interpretive (CTI-Advanced Technical Field (ATF)) are eligible for the Student Loan Repayment Program.
The Navy also continues to provide a an enlistment bonus incentive for those who qualify. For those who enlist into the Delayed Entry Program on or after today, October 1, 2012 in the ratings listed below are eligible for the listed amounts. (payouts occur when established criteria is met (e.g., graduate “A” school, earn NEC, etc., discuss individual rating payout requirements with your recruiter and the rating classifier at the MEPS)
- Nuclear Field $11,000
- Aircrew Rescue Swimmer-ATF $8,000
- Explosive Ordnance Disposal-ATF $8,000
- Navy Diver-ATF $8,000
- Special Warfare Boat Operator-ATF $8,000
- Special Warfare Operator (SEAL)-ATF $12,000