Are there any special programs for members of the military or veterans?

Yes, there are special programs for members of the military or veterans in California. Several organizations at both the state and federal level offer student loan repayment benefits for veterans and active duty servicemembers. At the federal level, the VA (Veterans Administration) offers a program called the VA Home Loan Benefits program. This program helps veterans pay back student loans with lower interest rates and no minimum payments. The VA also offers a Military Homeownership Assistance program, which helps veterans cover costs associated with purchasing a home. At the state level, California offers a loan repayment program called the California Military Family Relief Act of 2013. This program helps veterans with financial assistance, including a loan repayment benefit of up to $20,000, to pay off their student debts. In addition, the California Department of Veterans Affairs offers a program called the California Veteran Education Assistance Program (Cal-Vet). This program provides a loan repayment benefit of up to $20,000 for veterans who attended college in California. Finally, there are several private organizations that offer loan repayment grants and scholarships for veterans and active duty servicemembers. As such, members of the military or veterans should look into these and other options that may be available to them.

Related FAQs

Are there any programs available to help me refinance my student loans?
What types of loans are available?
Are there any special programs to help those with loans from foreign universities?
Are there any programs to help those in public service with student loan repayment?
What are the pros and cons of student loan forgiveness programs?
Are there any programs to help those in the military with student loan repayment?
What is the current interest rate for student loans?
How long does it take to receive student loan funds once I’m approved?
What is the maximum amount of student loan debt I can take out?
Are there any restrictions on the use of student loan funds?

Are there any special programs for members of the military or veterans?

Related FAQs

Related Blog Posts