Re: First hand information on the Army Reserve STRAP program Originally Posted by OrthoRN09
Does anyone have any first hand experience with the Army Reserve STRAP program? I am an Associate Degree RN looking to finish my BSN as soon as financially possible. I've been thinking about the Reserves for a number of reasons, not just to get my education paid for. I would be interested in hearing back from anyone who has first hand knowledge of this program....positive and negative feedback welcome. This is not a decision I will be making lightly. Thanks much!
I am pursuing the STRAP at the moment. This is what I know:
1) For every 6 months of financial assistance ($1992/month for a maximum of 24 payments, need not be consecutive), you owe 12 months in the Reserves Nurse Corps.
2) You have 48 months to complete your BSN program.
3) You may (with pay) or may not drill during the time you are enrolled in your RN-BSN program, the choice is yours.
4) If you choose the Health Loan Repayment Program, the time owed to the Army is payable after the time you owe them for the STRAP program. Say for instance you use 12 months of the STRAP benefit (leaving you to owe 2 years of service) and you need $20,000 of Loan Repayment (leaving you to owe 1 year of service), you end up owing the Army 3 years in the Reserves Nurse Corps.
5) You have the opportunity to choose your base you will drill out of.
I had to fill out security paperwork for my secret clearance background check.
I needed 3 letters of recommendation.
A copy of my nurse license, CPR card, college transcripts, college degree, etc.
You can choose between STRAP and Loan Repayment (up to $50,000 for 3 years served in return), or signing bonus ($5000/year for a maximum of 3 yrs) and Loan Repayment.
You cannot choose the bonus and STRAP; however, you are eligible (if it is still offered) to accept a signing bonus if you decide to reenlist even if you have taken part in STRAP and Loan Repayment.
If you have any other questions, I'll be happy to answer them for you.
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