By Matthew Russell on July 9, 2009
Numerous scholarships, grants, and loans are also available exclusively for members of the military and their family members. Applicants for all of our programs must plan to attend an accredited college or university during the school year as a full-time student. All loans, grants, and scholarships are designated for students seeking their first undergraduate degree. No loans, grants, or scholarships are applicable toward graduate study. There is one online application for all scholarships, grants, and interest-free loan programs. A few of these are described below; for information on these and other programs, visit the MOAA website.
American …
By Matthew Russell on May 27, 2009
The Federal Supplemental Educational Opportunity Grant (FSEOG) program is for undergraduates with exceptional financial need. Pell Grant recipients with the lowest expected family contributions (EFCs) will be considered first for a FSEOG. Just like Pell Grants, the FSEOG does not have to be repaid.
You can receive between $100 and $4,000 a year, depending on when you apply, your financial need, the funding at the school you’re attending, and the policies of the financial aid office at your school.
If you’re eligible, your school will credit your account, pay you directly (usually by check), or combine these methods. Your school must pay …
By Matthew Russell on May 25, 2009
A Federal Pell Grant, unlike a loan, does not have to be repaid. Pell Grants are awarded usually only to undergraduate students who have not earned a bachelor’s or a professional degree. (In some cases, however, a student enrolled in a post-baccalaureate teacher certification program might receive a Pell Grant.) Pell Grants are considered a foundation of federal financial aid, to which aid from other federal and nonfederal sources might be added.
Starting July 1, 2009, the maximum Pell grant annual allowance will increase from $4,731 to $5,350 for the 2009-10 school year, the largest increase since the program began. It …
By Matthew Russell on May 21, 2009
On June 22, 1944, President Franklin Roosevelt signed into law one of the most significant pieces of legislation ever produced by the United States government: The Servicemembers’ Readjustment Act of 1944, commonly known as the GI Bill of Rights. By the time the original GI Bill ended in July 1956, 7.8 million World War II veterans had participated in an education or training. Today, the legacy of the original GI Bill lives on in the Montgomery GI Bill, the centerpiece of military education benefits.
The United States Department of Veterans Affairs website, …
