College Financing Resources for Veterans and Military Families | 11.12.12

Posted in College Life, Financial Aid, Repayment, Student Loans By Student Loan Network Staff

Little Girls Thank SoldiersHappy Veterans Day, and National Military Family Month! In the words of Maya Angelou, “How important it is for us to recognize and celebrate our heroes and she-roes!” To thank all of the military men, women, and families who serve our nation, here are some resources to help veterans everywhere take advantage of their education benefits.

Funding Education

Scholarships for Veterans and Families

There are hundreds of scholarships out there to help veterans and their families receive a college education. Whether you’re a veteran, or the spouse or child of a soldier, there are lots of scholarships to take advantage of. Here are just a few:


See more scholarships for veterans.

GI Bill

Besides scholarships, veterans can also take advantage of their GI Bill, which provides funding for educational programs. Under the GI Bill, veterans may receive up to the cost of in-state tuition and fees at public institutions or up to $17,500 at private schools. Learn more about your GI Bill benefits.

Service Grants

If you had a parent or guardian pass away after 9/11 as a result of their service, you may be eligible for more aid in the form of grants. If you meet the eligibility criteria for Pell grants, your EFC becomes an automatic zero, maximizing the amount you may be eligible for. Students who are not eligible for a Pell Grant may then qualify for an Iraq and Afghanistan Service Grant, which does not change a student’s EFC, but does provide the same amount as the Pell.

Loan Repayment Benefits for Veterans

The different branches of the Military each provide their own student loan forgiveness/repayment benefits to veterans. Under these programs, a portion of a soldier’s student loans may be forgiven/repaid for each year of service. To learn more, visit Military.com or visit your local recruitment office.

Other General Information


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