Here are the biggest financial aid options for Veterans and their families

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Whether you’re a veteran looking for assistance for yourself or your family members, the military offers some great financial aid options. 

We cover most of the military options in-depth on How to Pay for College but keep reading for a brief breakdown of some of the most popular financial aid options out there. 

Survivors’ and Dependents’ Educational Assitance Program (DEA)

For the survivors and dependents of veterans who have passed away, the government started the DEA. The program offers 45 months of education and training opportunities for eligible dependents.  

Eligible dependents include sons and daughters between the ages of 18 and 26 or the spouse of a veteran who has died, is permanently and totally disabled, MIA, or captured in the line of duty. 

You can read more about the benefit here

ThanksUSA Scholarship

A non-profit that’s aim is to provide need-based financial aid for undergraduate, technical, and vocational schools for children and spouses of the troops. Their yearly scholarships include a simple application process, and awards tend to vary. 

But if you’re a veteran looking to get more financial assistance for your child or spouse, this is a great place to apply. 

Military Officers Association of America (MOAA)

The MOAA offers a number of education assistance programs for veterans and their dependents in the form of interest-free loans and grants.

They also offer the American Patriot Scholarship for students who qualify for the interest-free loan program and whose parents have died on active service or receive Traumatic Servicemembers’ Group Life Insurance payments. 

To learn more about the programs offered by MOAA, you can read and apply here

Army Emergency Relief Program

The Army Emergency Relief Program offers a number of programs for dependents and spouses of veterans. These programs include:

The Spouse Education Assistance Program, which is a need-based scholarship that was created to assist spouses of active duty and retired Army Soldiers, obtain their first undergraduate degrees. 

There’s also the MG James Ursano Scholarship Program for the children of Army Soldiers. It’s a need-based scholarship that helps them achieve their first undergraduate degree. 

The Marine Corps Scholarship Foundation

Offering over 1,600 scholarships each year that total around $5 million, the Marine Corps Scholarship is available to students of Marine Corps who have been killed or injured in combat. 

Students must also show that they have financial need. You can learn more about the scholarship here. 

Navy-Marine Corps Relief Society

The Navy-Marine Corps Relief Society offers several financial aid opportunities for both veterans and their dependents or spouses. Here are just a few of the options:

  • USS Tennessee Scholarship Fund
  • Dependents of Deceased Service Members Scholarship Program
  • Admiral Mike Boorda Scholarship Program
  • Spouse Aid Tuition Program (STAP)

Coast Guard Mutual Aid

If you’re a veteran of the Coast Gaurd, there are many financial aid assistance programs you can use for your education. Here are a few that we suggest you look into:

  • CGMA Supplemental Education Grant Program
  • CGMA Supplemental Student Loans
  • USCG Foundation Education Grant Program

If you’re in search of financial assistance for yourself, your dependents, or your spouse, each branch of the military has programs you should look into.

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