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Veteran College Grants

admin — Sun, 07 Feb 2010 14:27:07 +0000

Veteran College Grants

Military veterans have undoubtedly learned invaluable skills as members of the U.S. Armed Forces. After they are released from active duty, however, they may wish to take new paths. A college education can start them on a whole new life, with new triumphs–and new challenges–on the horizon. One of these new challenges shouldn’t be tuition costs. Veteran college grants can help.

The major source of financial aid for veterans is the GI Bill. The GI Bill (also known as the Servicemen’s Readjustment Act) was created in 1944 to benefit the veterans of World War II. This program disburses veteran college grants to eligible participants and pays for college or vocational training. As of 2006, the Montgomery GI Bill paid for up to 36 months of school and was accessible for up to 10 years after veterans left active service.

Veteran College Grants: Financial Assistance for Children of Veterans

However, veteran college grants aren’t just for veterans. Dependents of veterans are eligible for state, federal, and private grants just for them. Entities such as the American Legion and other military-related organizations are excellent sources of grants like this. There are also college grants like the Regents Award for Children of Deceased and Disabled Veterans. This grant was created for children of veterans who served during a national emergency or war.

Veterans or dependents of veterans have numerous grants at their disposal. Other grants included under the GI Bill include the Veterans Educational Assistance Program. Participants in this program receive $2 for every $1 they contribute to the program. Another option is the Survivors’ and Dependents’ Educational Assistance Program. This program provides qualified individuals with up to 45 months of educational benefits.

College Grants For Single Mothers

admin — Sun, 07 Feb 2010 14:11:59 +0000

College Grants For Single Mothers

Single mothers who are contemplating college deserve congratulations. Considering that the typical college graduate can earn nearly twice the salary of a high school graduate, they are making a choice that can greatly benefit their ability to care for their children. However, single mothers may require financial assistance. Only 15 percent of single mothers are awarded spousal support, and a third of these women never actually receive it. In fact, a year after divorce, the woman typically experiences a drop of 45 percent in her standard of living!

Divorced or single women who have children to support–on top of their reduced financial circumstances–may worry that it’s impossible for them to pay for college. Plus, if they have mortgage or car payments, they may be hesitant to take on student loans. Fortunately, there is a wide array of college grants available for single mothers.

Find Sources of College Grants for Single Mothers

Grants, unlike loans, do not need to be repaid. Also, grants may be need-based or merit-based. There are actually grants out there designed just for single mothers that can cover tuition, fees, books, and other typical educational costs. Grants are offered through many entities, including the federal government, the colleges themselves, private companies, charitable organizations, and individuals.

To apply for federal grants, would-be students will need to fill out FAFSA (Free Application for Federal Student Aid) forms. Single mothers in particular may be eligible for need-based grants, especially if they are struggling financially. The FAFSA form details each state’s submission deadline. However, FAFSA forms may not be submitted before January 1 of the applicable academic year. Further assistance can be obtained through each college’s financial aid center.