In compliance with the Servicemembers Civil Relief Act (SCRA), IRESE may adjust the interest rate of loan on active duty and other military personnel who qualify for relief.

The Servicemembers Civil Relief Act (SCRA) is a federal statute passed by Congress to allow military members to suspend or postpone certain civil obligations so that the military member can devote his or her full attention to military duties. The original Soldiers' and Sailors' Civil Relief Act was passed during World War I, reenacted during World War II, and was later modified during Operation Desert Storm. The Servicemembers Civil Relief Act amended the Soldiers' and Sailors' Civil Relief Act and was signed into law on December 19, 2003 as Public Law 108-189. The Servicemembers Civil Relief Act can be found at 50 U.S.C.A. §§ 501-593.

If a IRESE borrower with an existing loan is called into active military duty:

• The interest rate on the borrower's loan will drop to 6% for the duration of their active military duty.
• Loan payments will continue to come due on a regular, monthly basis, and all other loan obligations will continue as usual.
• IRESE will continue to charge investors the applicable annual servicing fee on the loan.
• If the borrower selected bank draft as the method of payment, IRESE will continue to collect the additional 1.00% bank draft charge on each payment.