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AAR LOAN ARMY HOW TO

AER has supported over 4 million Soldiers since 1942. AER provides grants and zero-interest loans to active-duty and retired Soldiers and their Families. These programs include the MG James Ursano Scholarship Program (for dependent Children) and The Mrs. AER is the US Armys own nonprofit organization dedicated to alleviating financial distress in the force. AER is also funded through loan repayments and investments made by the AER investment program.ĪER's secondary mission is to provide financial assistance (grants) for undergraduate education of dependent Children and Spouses. Funds for the program are generated through voluntary contributions from active and retired Soldiers.

AAR LOAN ARMY HOW TO

Therefore, the Government, or the Army, cannot direct AER how to distribute this money. Under that program, the Company Commander or First Sergeant is the approval authority for a no-interest loan of up to $2,000.ĪER is not an Army or Department of Defense (DoD) organization.

2530 Crystal Drive Suite 13161, 13th Floor. We assist unit commanders and leaders in training Soldiers and Family Members in personal financial readiness to include: the military pay system, bank account/debit card management, financial responsibility, credit reporting, savings. AER assistance is provided on a walk-in basis. However, the fastest way to obtain assistance is through the Commander's Referral Program. Dashboard Leadership Corporate Partnerships News Contact FAQs AER Form 57 Budget Planning Sheet Download. Please call (270) 798-5518 to schedule an appointment. AER has reciprocal agreements with the American Red Cross (ARC) and the Aid Societies for the Navy and Marine Corps, Air Force and Coast Guard, allowing Soldiers and their immediate Family members to obtain AER assistance through these organizations as well.Īll Soldiers, who have graduated from AIT, have more than one year in the Army, have not received AER assistance more than twice in one year and have not demonstrated "high risk" behavior, can go directly to the AER office without going through the Chain of Command. The immediate commander or local Army Emergency Relief Office will determine the merit of the Soldier's request and the amount of assistance on a case-by-case basis. Therefore, to obtain funds, Soldiers should contact their immediate commander to apply for AER assistance.

To cover bad checks or pay credit card billsĪER collects and holds funds for use by Soldiers and their eligible Family members and gives local commanders access to this money for disbursement to Soldiers.

For purchase of home or home improvements.

Contact AER if you have a request not listed.

Child care (Army Fee Assistance enrollment required).

AER also has a spouse and dependent needs-based scholarship program.

Immigration and passport fees for dependents AER can provide qualifying soldiers and their families with zero interest loans or grants.

Natural disaster preparation and evacuation.

All assistance requests are unique and considered on an individual basis. These emergencies are generally deemed unexpected and urgent.

The primary mission of AER is to provide funds to help Soldiers meet emergency financial situations.