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Reader Question: Can education benefits be transferred to grandkids?

Q: I'm a veteran. If my grandson wants to go to college, can I transfer education benefits if I don’t use them? A: Unfortunately, no. Education benefits fall under the Transfer of Entitlement provision. Transfer of Entitlement (TOE): DoD may offer members of the Armed Forces on or after Aug.1, 2009, the opportunity to transfer benefits to a spouse or dependent children. DoD and the military services must approve all requests for this benefit. Members of the Armed Forces approved for the TOE may only transfer any unused...

Selected Reserve Montgomery GI Bill Benefits

The Montgomery GI Bill - Selected Reserve program may be available to you if you are a member of the Selected Reserve. The Selected Reserve includes the Army Reserve, Navy Reserve, Air Force Reserve, Marine Corps Reserve, Coast Guard Reserve, the Army National Guard, and the Air National Guard. You may use this education assistance program for degree programs, certificate or correspondence courses, cooperative training, independent study programs, apprenticeship/on-the-job training, and vocational flight training programs. Remedial,...

Reserve Educational Assistance Program

The Reserve Educational Assistance Program (REAP, Chapter 1607 of Title 10, U.S. Code) is an educational assistance program enacted by Congress to provide benefits to members of the reserve components who are called or ordered to “Active service” in response to a war or national emergency; as declared by the President or Congress. The “reserve components” consist of Army Reserve, Naval Reserve, Air Force Reserve, Marine Corps Reserve, Coast Guard Reserve, Army National Guard, and the Air National Guard. Eligibility: You...

National Guard Education Benefits

It's a common misconception that only career military personnel receive the really good benefits. It's simply not true, and for proof, here are some of the great education benefits available to members of the National Guard. Federal Tuition Assistance The Guard can pay up to 100% of your college tuition and general fees, up to $4,500 per year—that’s up to $18,000 over four years. The amount is based on in-state public institution tuition rates, and can be applied to the other financial assistance programs listed below. In...

2012 After the Military Handbook

This unique handbook, written for military veterans, covers: transitioning to the private sector, supporting your family, finding a job that pays "top dollar", choosing between jobs with large or small companies, deciding to start your own company, maximizing the benefits of a military career, medical benefits and life insurance in the private sector, how to pay for college after you leave military service and how to retire successfully. Click Here to download this handbook.

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