Hey man. Didn't receive a reply from anyone on the forum but I did ask a friend who is in the Coast Guard Reserves. He said that they don't repay loans for previous education but they will pay for any further education you persue up to some dollar amound. Hope this helps you out, if anyone else knows any better please post.
I think the only thing that would come close would be Aviator Continuation Pay (ACP). I'm not sure how much that amounts to for Guard or Reserve guys, but it is a healthy sum of money for active guys. The money isn't specifically intended to repay your loans. It's just a nice bit of cash to get you to sign on longer after your initial 2 + 10 commitment is complete. Anybody have any idea how that breaks down for Guard and Reserve guys? I've only been able to find info. about how much they pay active guys.
Aviation Continuation Pay is monthly flight pay that all aviators get. It starts the day they put you on flight status at undergraduate flying training, and goes up based on years flying until a certain point where it goes down because you are supposed to be leading and sitting behind a desk and not flying.
ANG/AFRC guys get their money prorated for a days pay. So if you work a day, you get 1/30th of what an active duty person gets. That is way oversimplified but that suffices for this forum.
Bonus money is what you get after your commitment is complete to stay in. Only active duty people including full time AGRs in the ANG/Reserve but not full time Air Reserve Technicians and not part time traditional reserve pilots get bonuses.
Active duty gets tuition assistance to do stuff while on active duty, but it adds to your commitment. GI Bill is available to some people on active duty, guard and reserve depending on commissioning source, scholarship status, etc... and it can be used to pay for flight training.
to answer your original question ........no they will not.
if you go to school and rack up to 20,000g in loans (something like 6 months prior to joining) and you ENLIST (no pilot) they will pay 2,500 a year for each year in up to the limit. at least that is MY understanding. I took the 5g bonus and daydreamed through this part of the briefing.
In Ohio, there is an incredible ROTC program for the enlisted. It was so effective, according to a ROTC cadet I knew in Pennsylvania, the PAARNG had to come up with a similar program to prevent its members from "defecting" to the OHARNG.
I bring this up only as an example of how states differ. One state may have the benefits you seek, while another doesn't.
Another thing is you probably will not receive any tuition assistance for additional bachelors' degrees. When I was originally commissioned, in 1983, ANG officer candidates were not required to have a bachelor's degree (two years of college was required). I don't know what the requirement is today
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