Consulting Personnel Training

Loan Forgiveness Program- A Breather For Distressed Military Personnel

Everyone is aware of the dedication and the sacrifices made by military personnel in the services provided to their country. But, do we do something to uplift the quality of their life? Though we place them on a pedestal, sing laurels about them and provide tributes to their service not much is being done to actually help them better their individual personal and family lives. Keeping that in focus a special program called Armed Forces Loan Forgiveness Program was started after 11 September 2001.

This program is mainly focused on providing relief to a tune of $2,500 to people who have been in active service between 11 September 2001 and 30 June 2008. This is applicable to student loans and can be availed only once. This is totally a private funded program and does not involve the government in any manner. It is run by the Pennsylvania Higher Education Assistance Agency (PHEEA) that oversees the entire functioning of the program. Also, there is no burden on the taxpayers to fund the program in any manner.

Apart from the eligibility criteria for the personnel to be in active duty between the stipulated periods mentioned, there are other criteria that need to be fulfilled to be able to avail the loan forgiveness program. Only loans such as AES, Consolidation, HEAL, Keystone EXTRA, SLS and Stafford are eligible for participation to this program. The loan payments should not be in default and be paid correctly till the current date. Only loans provided before the deadline i.e. June 30 is eligible.

Last but not the least the military personnel should have a connection to Pennsylvania to be eligible for the loan forgiveness program. For this, the person should be either a resident of the state presently or should have had their education in Pennsylvania before joining up the armed forces or should have been in the state when they entered the armed forces. For non-residents to be eligible is only possible if they had their education at a state college and joined the military right after their education. If the concerned military personnel match up with all these eligibility criteria, then they can get loan forgiveness through this program.

The entire process of applying has been simplified and made easy. The interested personnel can get the form by going online and visiting the PHEAA site at www.pheaa.org and downloading it. After completing the form it can be forwarded to the PHEAA office at the following address: AES Loan Forgiveness Group, Post Office Box 2461, Harrisburg, Pennsylvania 17105-2461. The interested persons can also access a helpline by using the number 1-800-233-0557. The applications should reach the office before 31 December 2008 to be eligible for the program.

Even though $2500 is not a substantially high amount in today?s times, something is definitely better than nothing to help our military personnel tide over their financial difficulties. For this reason, many of our military personnel are utilizing this program to help them reduce their burden of never ending financial commitments in life.

Discover more on loan military travel as well as loan rate act for military when you visit top military personal loans resources at http://www.martialloan.com

MORE ARTICLES:

Webconference Applications For Personnel
Problems

Salute to the Air Commando Family Dinner to be Held in Fort Walton Beach, FL Benefiting Children of Fallen Special Operations Personnel
The Special Operations Warrior Foundation is hosting a special event honoring the Air Commando Family at the Emerald Coast Conference Center, Fort Walton Beach, FL, November 16. The “Salute to the Air Commando Family” dinner pays tribute to the rich heritage of the “Quiet Professionals” of the Air Force Special Operations command and honors the sacrifices of those men and women and the families who have magnificently stood by their side.

Electronic Monitoring Resource Center Launches for Criminal Justice Personnel
As the use of Electronic Monitoring technology increases, it is critical that public safety agencies have the information they need to implement the technology in the best possible manner. This need led to the creation of the Electronic Monitoring Resource Center (EMRC) now available at: https://emresourcecenter.nlectc.du.edu

New HRmarketer.com eBook: How to Reach and Engage Human Resources Buyers and Convert Them to Leads
Based on client success stories, eBook fuses content and promotion tactics to achieve increased publicity, web site traffic, and sales leads.

BillQuick HR Delivers Affordability, Ease-of-Use and the Power of Fortune 500 Human Resources Management to Small Business
BillQuick HR delivers easy-to-use and rapidly-deployed Human Resources Management capabilities to small business. BillQuick HR is the only solution available to small businesses that streamlines routine but paper-intensive HR tasks such as scheduling and conducting reviews, tracking salary history, recording employee incidents and tracking employee benefits.

Latest HRmarketer.com Research to Reveal Best Practices in Marketing and Selling to Human Resources
How prevalent are the use of blogs, podcasts and other Web 2.0 tools by human resource suppliers? Are print advertising budgets being reduced in 2008? Will human resource vendors attend fewer tradeshows? These questions and more will be answered in HRmarketer.com?s upcoming research report, "Trends in HR Marketing: Where HR Suppliers Spent Marketing and PR Dollars in 2007 and What's Ahead in 2008."

John Buhrle Aims to Honor Iraqi Warriors, Veterans, and Military Medical Personnel with his Book, I.E.D - A Son's Journey to Iraq and Back
John Buhrle describes the events surrounding the injury of his son, a United States Marine, by a suicide car bomber and the amazing response by his son's buddies, the military medical personnel, and the public with the publication of I.E.D - A Son's Journey to Iraq and Back in conjunction with Lulu (http://www.lulu.com), the world's fastest-growing provider of print-on-demand books.

$3,000 in Scholarships Available for Military Personnel
The VA Mortgage Center.com staff donates $3,000 to be awarded to military personnel seeking assistance for their education.

Advanced Personnel Systems Releases Major Enhancements to SmartSearch Online
Top-rated applicant tracking system announced the release of SmartSearch Online, Version 10.1, with Weighted Candidate Questions, Improved Ad-hoc Reporting, and new OFCCP Compliance Tools.

The Benefits of Personnel Recruiting Software - So You Want To Be A Coder
Personnel recruiting software makes the process of finding and hiring qualified employees much quicker and easier. Personnel recruiting software is used by both professional staffing firms and by companies that do their own hiring. These software programs have several features that make it easier for companies to attract and hire the best possible employees. They can be used to create and manage sections of the companys website that advertise open positions, they can be used to create comprehensive databases that store, organize, and categorize applicants resumes, and can be used to schedule and keep track of interviews and appointments with applicants.

JWT Employment Communications? Dr. Beth A. Brooks Published "Evidence-Based Human Resources: The Case for Exit Interview Surveys"
Beth A. Brooks?, PhD, RN, FACHE; Senior Partner, Health Care Practice at JWT Employment Communications; published Evidence-Based Human Resources: The Case for Exit Interview Surveys in the October issue of The Journal of Nursing Administration (JONA), the authoritative source of information on developments and advances in patient care leadership.

Corvest Names New Human Resources Manager
President and CEO of Corvest, Samuel F. Rossa, today announced the appointment of Wynne Voss as Human Resources Manager.

Human Resources and Employee Assessments Expert Nancy Ness Recognized for Largest Single Sale of the Year by Profiles International
Human Resources and employee assessments expert Nancy Ness of Profiles, Inc. has been named Business Builder of the Year by Profiles International at their 14th Annual World Conference, "Conquering the Summit" held in Dallas, TX on January 9-12, 2008. Profiles International, the world's leader and innovator in providing a comprehensive suite of employment assessments and on-demand talent management solutions, recognized Nancy Ness for achieving the Largest Single Sale of the Year at the 14th Annual World Conference, held in Dallas, Texas, January 9-12, 2008.

RecruitMilitary, National Recruiting Leader for Transitioning Military Personnel, Responds to Berkeley Marines Incident
RecruitMilitary, the nation's leading military-to-civilian recruiting firm, has launched a Web site, www.BerkeleyMarines.com, to support a Marine recruiting center in Berkeley, California. The Berkeley City Council declared on January 29 that the recruiters at the center were "uninvited and unwanted intruders." RecruitMilitary has launched the site to generate awareness of the council's behavior and to provide a forum for citizens who support the center and its staff.

Nearly 600 Military Personnel Have Benefited From The USstoragesearch.com Memorial Day Promotion
USstoragesearch.com, a nationwide directory of self storage facilities, announced the success of their Memorial Day program. More than 3,000 of their self storage members have partnered with them to offer members of the military and their immediate families one month free storage and a discount on packing supplies. In just a few short weeks nearly 600 military members have benefited from the program.