Best Financial Aid Options for Veterans and Their Families

When it comes to funding education, veterans and their families often face unique challenges. Fortunately, the military offers a range of financial aid options to support their educational pursuits.

In this article, we will explore some of the most popular financial aid programs available to veterans and their dependents. Whether you are a veteran seeking assistance for yourself or looking to support your family members, this guide will provide you with valuable information to help you navigate the financial aid landscape.

Survivors’ and Dependents’ Educational Assistance Program (DEA)

The Survivors’ and Dependents’ Educational Assistance Program (DEA) is a government initiative that aims to provide educational and training opportunities for eligible dependents of veterans who have passed away. Under this program, qualifying sons, daughters, or spouses of veterans can receive 45 months of financial aid.

Eligible dependents include sons and daughters between the ages of 18 and 26, as well as spouses of veterans who have died, are permanently and totally disabled, MIA, or captured in the line of duty.

To learn more about this valuable benefit, visit this link.

ThanksUSA Scholarship

For veterans seeking additional financial assistance for their children or spouses, the ThanksUSA Scholarship offers need-based aid for undergraduate, technical, and vocational schools. This non-profit organization provides scholarships through a straightforward application process, with awards varying in size.

If you are a veteran looking to support your loved ones’ educational goals, the ThanksUSA Scholarship is an excellent opportunity to explore.

Military Officers Association of America (MOAA)

The Military Officers Association of America (MOAA) offers a range of education assistance programs in the form of interest-free loans and grants for both veterans and their dependents. Among these programs is the prestigious American Patriot Scholarship, designed for students whose parents have died on active service or receive Traumatic Servicemembers’ Group Life Insurance payments.

To discover the various programs offered by MOAA and to apply, please visit this link.

Army Emergency Relief Program

The Army Emergency Relief Program extends support to dependents and spouses of veterans through various educational programs. One of these programs is the Spouse Education Assistance Program, a need-based scholarship catering to spouses of active duty and retired Army Soldiers who are pursuing their first undergraduate degrees.

The MG James Ursano Scholarship Program, on the other hand, offers financial assistance to the children of Army Soldiers to achieve their first undergraduate degrees. These initiatives provide crucial aid to the military community and contribute to their educational success.

Marine Corps Scholarship Foundation

The Marine Corps Scholarship Foundation offers over 1,600 scholarships annually, totaling around $5 million. These scholarships are available to students of Marine Corps service members who have been killed or injured in combat.

Applicants must also demonstrate financial need to be considered for this prestigious scholarship opportunity. For more information on eligibility and the application process, please visit this link.

Navy-Marine Corps Relief Society

The Navy-Marine Corps Relief Society provides multiple financial aid opportunities for veterans, as well as their dependents and spouses. Some of the programs they offer include the USS Tennessee Scholarship Fund, Dependent of Deceased Service Members Scholarship Program, Admiral Mike Boorda Scholarship Program, and the Spouse Aid Tuition Program (STAP).

These programs aim to alleviate the financial burden for members of the Navy and Marine Corps family and make higher education more accessible.

Coast Guard Mutual Aid

If you are a veteran of the Coast Guard, there are several financial aid assistance programs available to support your educational pursuits. Some recommended programs include the CGMA Supplemental Education Grant Program, CGMA Supplemental Student Loans, and the USCG Foundation Education Grant Program.

These initiatives are designed to provide essential financial aid to Coast Guard veterans and their families, ensuring they have the means to achieve their educational goals.

Also see: How to Apply to College as a Veteran: Tips and Guidance

How to Apply to College as a Veteran: Tips and Guidance


No matter which branch of the military you have served in, there are numerous financial aid programs available to assist you on your educational journey. From scholarships to grants and interest-free loans, these resources are specifically tailored to support veterans and their families.

By exploring the various options highlighted in this article, you can discover the financial aid opportunities that best suit your needs and pave the way to a brighter future through education. Whether you are a veteran seeking personal advancement or aiming to support your loved ones, remember to take advantage of these invaluable financial aid resources.

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