Sources of Money 24: Federal Aid for Veterans of Iraq & Afghanistan

Tuesdays we review a source of financial aid to help you pay for college

Both Daniel and Rebecca, husband and wife, served in the US Army during the war in Afghanistan. He served in the rangers and she as a helicopter pilot. They left the service after 3 tours in Afghanistan. Dan left because injuries he sustained ended his career with the rangers. They both used federal grants for veterans to receive bachelors degrees that prepared them to earn good money. They are raising their family of 5 in careers that satisfy and reward them.

Several Sources of Aid for Veterans and Families

Federal Student Aid, an office of the U.S. Department of Education, lists several sources of financial aid. They list eligibility requirements, FAQs, and more information. We strongly urge you to visit their web site to learn more:

• Iraq and Afghanistan Service Grant if you
  • Fail the Expected Family Contribution requirement for a Federal Pell Grant
  • Meet all the other requirements for a Federal Pell Grant
  • Have a parent or guardian in the U.S. armed forces that died as a result of post-9/11 service in Iraq or Afghanistan
  • Were under 24 years old or enrolled in college at least part-time at the time of your parent or guardian’s death

• Reserve Officers’ Training Corps (ROTC) Scholarships targets students pursuing certain language and technical degrees and a wide variety of other majors
• Department of Veterans Affairs (VA) Education Benefits (GI Bill) offers education benefits for veterans, their widows, and dependents
• Limited Interest Rates, No Accrual or Interest, & Deferment of Student Loans check the web site to understand the rules and restrictions
• Financial Aid Offered by Other Military Services
  • American Legion
  • AMVETS
  • Disabled American Veterans
  • Paralyzed American Veterans
  • Veterans of Foreign Wars

Disadvantages Related to Financial Aid

No amount of money can express our appreciation for what veterans and their families sacrificed and endured to preserve our freedom. We recognize that many of you continue with persistent ailments and mental and emotional scars from your service. Thank you.

Thursday we will spotlight how you develop and destroy sources for recommendations

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