Loan Repayments Amounts & Limits

• The annual maximum loan repayment amount for a recipient is $4,000 or the total eligible student loan debt verified by the lender, whichever is less.
• The aggregate lifetime maximum total is $20,000 or five years of loan repayments, whichever occurs first.
• All applicants must meet the qualifying employment and loan requirements each year. Group 2 Applicants must also meet college enrollment requirements each year.
• Loan repayment is remitted directly to the lender indicated on the submitted Lender Verification form for an eligible Federal student loan or a GSFA state student loan.
• Applicants currently enrolled in a qualifying postsecondary institution pursuing a bachelor’s degree in the field of Criminal Justice and apply for a loan repayment to be made to their current loan, will have the repayment remitted directly to the lender at the end of the loan period after the lender has verified the full loan amount.
• Applicants must continue to make their regular student loan payments as directed by their lender agreement.
• The total number of loan repayments made is contingent upon available funding.