Getting The Most Out Of Military Benefits
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Maximizing Your Military Benefits
Summary
Imagine being halfway through college without ever opening a textbook. Need a mentor for your job search? There are about 250,000 ready to assist. Planning to buy a home? How about no down payment? These are just a few examples of the incredible military benefits available to service members and veterans. Unfortunately, many of these benefits go unused or overlooked.Unlocking Your Benefits
A valuable resource, "The Military Advantage: A Comprehensive Guide to Your Military & Veterans Benefits" (Simon & Schuster, $20), can help the 30 million who have served make the most of their military experience. This guide is packed with insider tips, lesser-known benefits, and shortcuts to help you navigate the system effectively.GI Bill and Scholarships
- Access up to $50,000 in educational funding.- Military experience could count toward college credits, potentially leaving you just a few credits short of an associate's degree.
- There are $300 million in scholarships for military members, spouses, and children, some covering full tuition.
VA Home Loans
VA home loans offer distinct advantages:- Loan limits up to $417,000 with no down payment in most cases.
- No monthly mortgage insurance premium.
- Disabled veterans may have loan fees waived.
- Veterans with service-connected disabilities could be eligible for a grant up to $50,000 to adapt homes for their needs.
Career Opportunities
The book also explores career services for veterans:- Free nationwide mentoring services with 250,000 service members, veterans, and spouses.
- Online tools to translate military skills into civilian job terms.
- Tips on lucrative careers?"maintaining security clearance can boost civilian salaries by 24%.
- Guidance on highlighting your resume to attract military-friendly employers.
By leveraging these resources, veterans and service members can fully reap the benefits they deserve.
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