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The Unofficial SMART Scholarship Forum • View topic - Has pay back started for anyone?
Page 1 of 1

Has pay back started for anyone?

PostPosted: Thu Mar 26, 2015 7:49 am
by RPI CSE
So I want to centralize this discussion, has anyone heard anything about paying the government back? For anyone who has quit part way through phase II, have you had any taxes taken as repayment?

I know it was previously stated that the service secretaries have to submit our stuff to DFAS, and that means there are three government agencies involved, which means this is going to be slow. I am trying to prep to leave and just want to know whats out there, and see if we can get a lot of info on one topic.

Re: Has pay back started for anyone?

PostPosted: Thu Mar 26, 2015 11:47 am
by guest
Are you saying you are trying to get out of your contract and avoid doing your part after they paid for your schooling and fulfilled theirs? I don't get that, honestly. If that's what you are asking about, it's not honorable.

Re: Has pay back started for anyone?

PostPosted: Thu Mar 26, 2015 12:20 pm
by Guest

Re: Has pay back started for anyone?

PostPosted: Thu Mar 26, 2015 1:32 pm
by OP on Phone

Re: Has pay back started for anyone?

PostPosted: Mon Apr 20, 2015 5:44 pm
by Guest
I take it no one has still started pay back yet? Anybody have any idea what repayment terms might possibly look like? Is there any precedent to gauge expectations by?

Re: Has pay back started for anyone?

PostPosted: Tue Oct 06, 2015 4:16 pm
by guest
I want to see if anyone has heard any updates on this topic?
Even rumors, whispers, or hearsay will do.
Is SMART even able to accept a lump sum payment ? (e.g. If some company wishes to buy us out?)

Re: Has pay back started for anyone?

PostPosted: Thu Oct 08, 2015 1:55 pm
by Guest
I've heard it would effectively take an act of congress to fix the problem. I don't know if this is strictly true, but the fact is that the program was not created with the authority to seek reimbursement.

It's not up to the SMART staff to fix this, it's more like the DOD has to decide to let them, which requires political coordination.

Re: Has pay back started for anyone?

PostPosted: Tue Oct 13, 2015 12:19 pm
by Guest
I am also considering quitting in phase 2. All we do is documentation. I took this scholarship understanding that we would work as engineers in a DOD lab. Nothing technical and I'm starting to lose my mind. I would wade it out, but I'm just miserable. I'm willing to pay back the government.

Has anyone quit in phase 2? What happens, if anything? How do the taxes I paid on my stipend get factored in to the pay back?

Re: Has pay back started for anyone?

PostPosted: Thu Oct 15, 2015 8:03 am
by Guest