Resources for Military Families & Veterans
The College Scorecard is a planning tool and resource to assist prospective students and their families as they evaluate options in selecting a school.
The College Navigator is a consumer tool that provides school information to include tuition and fees, retention and graduation rates, use of financial aid, student loan default rates and features a cost calculator and school comparison tool.
The Financial Aid Shopping Sheet is a model aid award letter designed to simplify the information that prospective students receive about costs and financial aid so they can easily compare institutions and make informed decisions about where to attend school. More information about the PSU Financial Aid Shopping Sheet can be found at http://www.plymouth.edu/office/financial-aid/financial-aid-shopping-sheet/
The Paying for College webpage can be used by prospective students to enter the names of up to three schools and receive detailed financial information on each one and to enter actual financial aid aware information.
NASFAA (National Association of Student Financial Aid Administrators) has also compiled a tip sheet for current and former members of the military and their families.
Federal Financial Aid
As a veteran, future military personnel, active duty personnel, or a family member of a veteran or active duty personnel, you may qualify for Federal Financial Aid or financial aid benefits not otherwise available. To apply for Federal Financial Aid, you will need to complete the Free Application for Federal Student Aid (FAFSA).
If your parent or guardian was a member of the U.S. armed forces and died as a result of military service performed in Iraq or Afghanistan after the events of 9/11, you may be eligible for additional Federal Pell Grant funds if, at the time of your parent’s or guardian’s death, you were:
- less than 24 years of age or
- enrolled in college or career school at least part-time.
The Secretaries of Defense and Veterans Affairs should provide the Secretary of Education with the information necessary to determine which students meet the requirement. Because the question is not on the FAFSA, students will need to notify the Financial Aid team concerning their eligibility for this additional benefit.
If you apply for financial aid, you may be offered loans as part of your school’s financial aid offer. A loan is money you borrow and must pay back with interest.
Beginning with the 2010-11 award year, a student who is not eligible for a Pell Grant but whose parent or guardian was a member of the U.S. Armed Forces and died as a result of service performed in Iraq or Afghanistan after September 11, 2001, may be eligible to receive the Iraq and Afghanistan Service Grant.
- Interest rates limited to 6% during and immediately after military service
- No interest accrual on loans first disbursed on or after Oct. 1, 2008
- Deferment of repayment on any federal loans while serving on active duty in the military during a war, military operation, or national emergency if those loans were first disbursed on or after Jul. 1, 2001
Families should contact their loan servicer for more information.
Department of Veterans Affairs
The VA offers education benefits for veterans, their widows and dependents through the Post-9/11 GI Bill®, the Montgomery GI Bill, and other programs.
Please visit their website or call a Veterans Benefits Counselor at 888-GI-BILL (1-888-442-4551) to receive more information.
GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government Web.
Many organizations offer scholarships to active duty military, veterans, and/or their families. Please visit our Private Scholarship webpage for more information on these types of specific scholarships.
PSU Financial Aid Team
Service members are encouraged to contact one of PSU’s Financial Aid Team toll free at 877-846-5755 for loan counseling before applying for private student loans. The counselor can help explain your federal financial aid options and offer you information on the differences between private and federal loans.
Please remember that you may refuse any aid awarded to you or borrow less than the maximum student loan amount awarded.
Applying Benefits to Your PSU Bill
Our Financial Aid Team, Student Account Services office, and the Registrar can assist you in applying veteran’s benefits to your account. Please contact any of our departments directly for assistance.