Air Force

June 7, 2013

Tips on financing college education

Amaani Lyle
American Forces Press Service

WASHINGTON, D.C. -‚ĆDefense 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.


 
 

 

AF to implement DOD TDY policy changes

The Defense Department recently implemented two TDY policy changes impacting travel reimbursements for Airmen. The first change took effect Oct. 1, and made changes to the Joint Travel Regulations, Reimbursable and Incidental Expense Policy. The second will be a change in long-term TDY per diem expenses and takes effect Nov. 1. Referencing the new policy...
 
 
Air Force photograph by Sarah Corrice

AF tests first all-electric vehicle fleet in California

Air Force photograph by Sarah Corrice Miranda Ballentine greets vendors during the unveiling of the first federal facility to replace its entire general-purpose fleet with plug-in electric vehicles Nov. 14, 2014, at Los Angeles...
 
 
aadd

Airmen Against Drunk Driving volunteer opportunities

Would you like to be a good wingman over the month of December? Assist in helping the Airman Against Drunk DrivingProgram accomplish the goal of having ZERO DUIs for Edwards AFB. AADD is extending abase-wide invitationfor volun...
 

 
Untitled-1

Edwards flight test community prepares for federal spectrum auction

Air Force graphic As flight vehicles increase in complexity, so does their data requirements. This graphic of a typical aircraft displays the integrated sensors and avionics system with major components showing how each compone...
 
 

Corvias Military Living has scholarships, grants for military dependents at Edwards

Military spouses and children at Edwards Air Force Base can apply for $50,000 scholarships or $5000 grants from Corvias Foundation. High school seniors with plans to attend a four-year university or college can apply for the scholarship. The scholarships are in the amount of up to $50,000 per person. Corvias Foundation will select 10 children...
 
 
Air Force photograph by Jet Fabara

Wingman Day invites Airmen to gain new perception on resilience

Air Force photograph by Jet Fabara Guest speaker, retired judge Dana LaMon, spoke to more than 413 Airmen who were in attendance during the Wingman Day event held at the Airman and Family Readiness Center Nov. 3. The event was ...
 




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=""> <strike> <strong>