If you are currently serving on active duty, you are eligible to have your interest rate lowered to 6 percent on all student loans taken out prior to your active-duty military service. This benefit applies to both your federal and non-federal (private) student loans and is available for all service members on active duty, regardless of where you serve.
To reduce your interest rate to 6 percent under the Servicemembers Civil Relief Act (SCRA), contact your loan servicer and ask about this option directly. You will need to send a written request to your servicer plus a copy of your orders calling you to active duty. You can submit your request at any time during your active-duty service or up to 180 days after leaving active duty, and the interest-rate reduction must be applied retroactively for the whole period of active-duty service.
See the US Consumer Financial Protection Bureau's ACTION GUIDE FOR SERVICE MEMBERS WITH STUDENT LOANS for more information.