Local

June 13, 2013

Financial aid available to Airmen

Airman 1st Class Betty R. Chevalier
355th Fighter Wing Public Affairs

The Air Force Aid Society is helping Desert Lightning Team members meet needs in times of emergencies through the Airman & Family Readiness Center here.

The AFAS offers many different programs to aid members, from loans and grants to child care for active duty, retired Air Force personnel and Air Guard or Reserve members. However, there are certain restrictions.

The AFAS offers two kinds of loans: the Falcon Loan and Standard Loan. Neither loan affects the recipient’s credit score.

The Falcon Loan is intended for certain categories of financial emergencies and has a limit of $750. It must be repaid in 10 months or less.

Unlike the Falcon Loan, the Standard Loan does not have a set limit, and is considered on a case-by-case basis. The Standard Loan is also different as it can be a grant, and not have to be repaid back.

The AFAS also has education grants and loan programs to help with college, as well.

Help with child care is also available. The AFAS works with Air Force services to fund these programs. One program funds paid daycare for a certain period of time during a permanent change of station.

There are various other programs that AFAS helps families with, too.

“We are happy to help,” said Elodia Medina, A&FRC Air Force Aide officer. “Don’t think were only here for a specific situation. It’s always best to come in, talk to us and give us the information, so we can help them as much as possible.”

For more information on programs available to Airmen and their families, visit the Airman & Family Readiness Center located at 5355 E. Granite St. or call 228-5690.




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