Question about Swift

Fewe · Oct 1, 2010

Oldnewbiegonnabe said: ↑

Not exactly. Swift takes $75 out of your check as payment toward the school loan. But, they also put $37.50 in your check every week for 26 months. So, for the first 13 months, you really only see a net reduction of $37.50. After 13 months, and through the end of the 26th month, you'll see a $37.50 credit to you each week.

Another way of looking at this is that if you stay with Swift for 13 months, your school only cost you $1950. If you stay with Swift for 26 months, the school ends up having cost you nothing (zero, zip, zilch, nada...nary a #### penny).
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Yeah... that's what I meant. My head is still spinning from the financials but Swift reimburses you 1/2 your payment as long as you are employed up to 26 months at which point your schooling will be fully paid for.

M915A4 · Oct 2, 2010

hmm,now i wonder if i could use like a GI Bill for there school or if its a deal where you have to pay them,like a guarentee worker for at least a year or what have u

Palazon · Oct 2, 2010

Also check to see if the GI bill or VA will suppliment your income while going to school.

Fewe · Oct 2, 2010

M915A4 said: ↑

hmm,now i wonder if i could use like a GI Bill for there school or if its a deal where you have to pay them,like a guarentee worker for at least a year or what have u
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I hadn't thought of that but yes, you should be able to qualify for tuition assistance. Ask your recruiter about it, during day 1 the instructor asked if anyone had served and said that he had some forms for those that had.

M915A4 · Oct 2, 2010

ya ill probably call and ask about assistance if its an option.

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