When you’re on Active Duty, in the National Guard or Reserves, finding room in your budget to pay for college can be tough. Even with all of the financial aid options available, you may still need additional funds to cover all of your expenses. That’s why AAFMAA developed the Career Assistance Program (CAP) loan. AAFMAA members currently serving in the ranks of E5 to E9, WO1, CW2, and O-1 to O-3 can apply for a $4,000 personal loan at just 1.5% interest, which is repaid over four years and can be used for tuition, books, fees or any other purpose.
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LTC. Alvaro G.
U.S. Army (Retired)