Air Force

June 7, 2013

Tips on financing college education

Amaani Lyle
American Forces Press Service

WASHINGTON, D.C. -†Defense Department officials encourage parents and students to consider various strategies for financing college education, the director of the Pentagon’s office of family policy and children and youth said.

In a recent interview with American Forces Press Service and the Pentagon Channel, Barbara Thompson addressed solutions to some of the obstacles military children might face when trying to pursue a college education.

Thompson recommended researching scholarship and student aid opportunities early on, including use of the provision of the Post-9/11 GI Bill that allows service members to transfer their benefit to family members.

Resources such as the Military OneSource website and personal financial managers on installations, she added, offer information ideas on other resources, such as a tax-deferred savings account for higher learning colleges and vocational schools.

Military OneSource also features scholarship information links and listings, including law and policy updates that pertain to military members and their families, such as expanded in-state tuition availability. Service members on active duty for more than 30 days are eligible to receive in-state tuition for their dependent children at public colleges and universities in the state where they reside or are permanently stationed, she noted.

Once enrolled and paying in-state tuition, Thompson said, dependent children continue to pay the in-state tuition rate as long as they remain continuously enrolled at the institution, even if the service member is reassigned outside the state.

“That has been a very positive move across the federal government that all states have to offer in-state tuition for military children and spouses,” she said.

But no matter where the prospective student lives, Thompson explained, it’s important for parents to work with school guidance counselors to nurture their future college student’s interests and aspirations — and ultimately to choose the right educational path.

“You don’t want to go to a school and find out later on they don’t offer the degree you’re interested in,” Thompson said. “You have to do your research.”

The Consumer Financial Protection Bureau website offers a “Know Before You Owe” page to help untangle student loan procedures, regulations and facts to keep borrowers informed and arm them with information prior to making life-altering decisions, Thompson said.

“We want the best future for our children,” she added. “We recognize they’ve sacrificed a great deal over the lifespan of their parents serving the military, … and we want to make sure they’re ready for the world when they become an adult.”




All of this week's top headlines to your email every Friday.


 
 

 

AFMC Employee Assistance Program services

Personal problems can affect the lives of employees both at home and at work. To help prevent, identify and resolve potential stressors or issues, Air Force Materiel Command partners with Federal Occupational Health to provide our Employee Assistance Program services. EAP services are offered free (limitations apply) to civilians and their family members. The EAP...
 
 
GWOT

GWOT Expeditionary Medal

U.S. Air Force photo by Steve White JOINT BASE SAN ANTONIO-RANDOLPH, Texas–Active duty, Air National Guard and Air Force Reserve Airmen who earned the Global War on Terrorism Expeditionary Medal for more than one of the f...
 
 

Raptor change of command

Air Force photograph by Edward Cannon Left to right: Col. Rod Todaro, 412th Operations Group commander, along with Lt. Col. Randel Gordon, pose for a photo after he accepted the 411th Flight Test Squadron guidon, signifying the assumption of command June 5, 2015. Gordon takes over from Lt. Col. Devin Traynor. The 411th FLTS oversees...
 

 

AF focuses 3rd round of VERA/VSIP for civilians

In an effort to lead its force management actions with voluntary programs, Air Force officials announced a third round of civilian workforce shaping measures beginning June 15. The measures are necessary to meet the Air Forceís headquarters organization and staffing reductions, which were designed to eliminate redundant activities, improve efficiencies and satisfy previous secretary of...
 
 

Cyber breach

The ongoing cyber breach is an OPM (www.opm.gov) matter and any queries should be referred to OPM. OSD has set up a web page (www.defense.gov/news/newsarticle.aspx?id=128981) to give federal employees all the information currently available. Through June 19, OPM will be sending emails to personnel they believe may have been affected by the recent OPM hack....
 
 
Air Force photograph by Wesley Farnsworth

Pawlikowski assumes leadership of Air Force Materiel Command

Air Force photograph by Wesley Farnsworth In the time-honored military tradition signifying assumption of command, Air Force Chief of Staff Gen. Mark. A. Welsh III passes the Air Force Materiel Command guidon, or unit flag, to ...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>