Using Federal and State Military Educational Benefits
Members of the military community may have a variety of military-related state and federal financial aid benefits that can be utilized.
First, start with learning more about your Federal Benefits. The Department of Veterans Affairs administers a variety of education benefit programs such as Post 9/11 GI Bill (including Transfer of Benefits), Montgomery GI Bill, the Yellow Ribbon Program, and Vocational Rehabilitation and Employment just to name a few. You will need to complete the application and start getting your benefits processed as soon as possible. To apply for GI Bill Benefits and learn more click here.
Federal financial aid is available to help students cover the cost of tuition, fees, books, and living expenses. As with anything, to start the process you must apply first. The Free Application for Federal Student Aid, or FAFSA, asks questions about a family’s income and assets to determine an Estimated Family Contribution, or EFC. Each college compares a family’s EFC with the total costs of attendance to determine the amount of your financial aid package.
Total Cost of Attendance – EFC = Financial Aid amount
When you complete the FAFSA they’ll review your file to determine a financial aid award package. In addition to federal and state grants, you may be eligible for other grants, campus employment or low-interest student loans. Remember, scholarships and grants are money that doesn’t have to be paid back!
Also remember that refunds are available for called to active duty students.
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