Sunday, September 16, 2012

Veterans' Student Loan Relief Fund

The Veterans' Student Loan Relief Fund is open to all branches of the United State Armed Forces (Army, Navy, Air Force, Marines) as well as the Coast Guard, National Guard and Armed Forces Reserves. The fund is intended to provide assistance to veterans who feel they are in financial difficulties as a result of being defrauded or misled by the proprietary school they attended. Eligibility: 1. Be veterans who served in Iraq or Afghanistan (or served in the surrounding area and have documented service in Operation Iraqi Freedom or Operation Enduring Freedom) for a total of at least 60 days after September 11, 2001. (Eligibile applicants include veterans who did not meet the 60-day active service period as a result of a service-related injury or condition. OR 2. Be spouses or children of veterans (as described above) who are using GI Bill benefits transferred from the veteran, and 3. Have attended at the undergraduate level a proprietary (for profit) two or four-year college or university, vocational-technical school or training institute in the United States during or after military service and 4. Have applied for and accepted all eligible federal, state and institutional need-based grants and used all available military educational benefits (grants from all sources must be disclosed on the application) and 5. Have incurred educational loans that have not yet been fully repaid. Awards If selected as a recipient, the veteran or the qualifying family member will receive up to $5,000 to repay educational loans.

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