Education Loan
Paying for college can be a significant financial challenge, whether it's for yourself, your spouse, or your children. To help ease the burden, CGMA offers an Education Loan for higher education expenses. This interest-free loan provides financial support, so members can focus on achieving their educational goals without the added stress of tuition costs.
Amount
Type of Assistance
Eligibility
Start with Your CGMA Rep
Start with your local CGMA Representative
There are more than 600 Coast Guard Mutual Assistance Representatives to help you.
FIND MY REPRESENTATIVEHow to Apply
Gather these documents:
- Your Coast Guard ID
- CGMA-15 Personal Budget
- Proof of the student’s enrollment, such as a certificate of enrollment with current courses listed or a letter from the Registrar’s Office
- Documented cost estimates, such as tuition/fees list, course syllabus listing required course materials, etc.
Apply directly online:
Who's Eligible?
All CGMA members are eligible for Education Loans on behalf of themselves, their spouse, and/or their dependent children under 23.
Eligibility is based on the status of the CGMA client and the student as of the first day of the course.
The student must be:
Enrolled in a college or university undergraduate or postgraduate degree program.
Pursuing a multi course Vocational and Technical Training (VoTech) program approved by the Department of Veterans Affairs or Department of Education and designed to prepare the student for entry into a career field.
Seeking a General Equivalency Diploma (GED).
Completing a correspondence course that is part of a college or university degree program or VoTech certificate program.
Education Loans cannot be used for:
- Dependents in high school or grade school.
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