After returning from active duty service, military members and their spouses can be eligible to participate in a number of different veteran’s assistance programs. These benefits are typically issued to retired service members through the U.S. Department of Veterans Affairs (VA). Veterans Affairs benefits can be helpful for veterans who are looking to purchase a home, continue their education or job training and much more.
Find Out About VA Home Loans
The Department of Veterans Affairs offers retired service members and their spouses an opportunity to receive special loans with low-interest rates in order to purchase or refinance a home. These VA home loans provide beneficiaries with a number of different options for purchasing a new home, building a home or making adjustments to their current home in order to accommodate their disability.
However, it is important to note that the VA does not directly generate any loans. Instead, veterans must find a VA-approved lender in order to receive a mortgage. Once the loan is issued, the Department of Veterans Affairs will back the loan so that the borrower receives optimal interest rates.
There are a number of different eligibility requirements for VA home loans. For example, applicants are required to receive a Certificate of Eligibility (COE) from the VA, which they must then provide to their lender. A COE will verify that an applicant served in a military branch, the National Guard or the Reserves. The document will also specify how long the applicant served and who they served under.
In addition to backing mortgages, the VA also offers free grants to veterans who need financial assistance to make adjustments to their homes. Through the VA, retired service members who have service-related disabilities can receive the Specially Adapted Housing (SAH) grant and Special Housing Adaptation (SHA) grant. These grants do not need to be repaid to the VA.
Learn About Veteran Education Benefits
The Department of Veterans Affairs provides numerous government grants to fund the education and career training for retired service members. In many cases, the spouses and dependents of a beneficiary can also be eligible for these veteran education benefits. These benefits are flexible and can be used to fund a variety of different education or career training opportunities.
The largest education program under the Department of Veterans Affairs is the GI Bill. Under the GI bill, veterans can receive funding for a full four-year university education at various VA-approved institutions. Funding from these federal grants can also be used for on-the-job training and vocational programs.
However, beneficiaries should be aware of the different regulations, limitations and timelines that come with different GI bills. For example, veterans who receive benefits from the Montgomery GI bill will have a time limit of 10 years to take advantage of their education benefits. Under the Post-9/11 GI bill, beneficiaries will have 15 years to use their financial assistance for education or training.
VA education grants are flexible and the funding can be used to pay for a variety of different education-related expenses. For example, some expenses that may be covered by veteran education benefits include:
- Books and supplies.
- Advanced certifications.
- On-the-job training or apprenticeships.
With your comprehensive guide on veteran’s assistance benefits, you have access to a wealth of helpful resources and information about programs that may be available for you.
About Additional Federal Grants
Federal grants are distributed to state and local departments and outreach organizations in order to fund a variety of different assistance programs for their communities. In many cases, individual residents and households will not receive these grants directly from the government. Instead, they can receive benefits through the various programs that are funded using these grants.
Low-income individuals and families can receive food, shelter, assistance with utility bills, medical care and other benefits from these federally funded programs. Some of the most popular programs that are funded using government grants include:
- The Housing Choice Voucher Programs (commonly known as Section 8 housing).
- The Supplemental Nutrition Assistance Program (SNAP).
- The Supplemental Nutrition Program for Women and Children (WIC).
- Low Income Home Energy Assistance Program (LIHEAP).
Deals for Discount Car Insurance
Many drivers try to save money on their insurance premiums by finding discount car insurance plans. However, obtaining a low-cost car insurance policy can be difficult. Instead, drivers can look to reduce their monthly premium payments in several different ways.
For instance, drivers can take a look at their current insurance policy in order to determine if they are paying for any coverage that they do not need. If they live in a state that does not require roadside assistance for minimum coverage, drivers can choose to remove the option from their policy. However, drivers should hold on to any coverage options that they feel is beneficial and worth the additional cost.
Another way to find discount car insurance plans is by simply calling your insurance agent and asking if there are any discounts available. You may find that you are eligible to save money from several different discounts. A few of the most common car insurance discounts include:
- Multi-car discounts.
- Driver training discounts.
- Equipment-related discounts.
- Good student discounts.
- Military discounts.
- Accident-free discounts.
About Affordable Health Care Options
If you are struggling financially and are looking for cheap health insurance, there are a number of resources that can help you find adequate coverage. Low-income Americans can receive affordable health care coverage through government programs like Medicaid or Medicare. Additionally, they can search through the healthcare marketplace on HealthCare.gov in order to find inexpensive private health care.
Medicaid is a federally funded health care program that is operated and managed on a state and local level. Generally, Medicaid is designed to provide affordable health insurance for eligible low-income Americans. Since each state manages their own Medicaid program, the eligibility criteria can vary from state-to-state.
Medicare is also funded by the federal government, but it is an affordable health care program that aims to help senior citizens and Americans with disabilities receive the medical care they deserve. Beneficiaries of Medicare can customize their coverage package by combining different options that are available to them. Participants of Medicare can also qualify to receive health care coverage from Medicaid.