Veterans Benefits From the U.S. Government

By Bill Black // No Comments » // benefits, benefits government, government

Veterans receive U.S. government benefits, including education benefits. Fotolia.com”>

Because of the nature of their service to the United States government, veterans have access to numerous benefits, ranging from home loans to specialized memorial services. Knowing which benefits from the government are available to veterans will help ensure that you have access to all entitlements associated with serving in the U.S. military.

Compensation and Pension

  • Veterans are entitled to compensation and pension benefits from the U.S. government, including pre-discharge program benefits. Service members can file disability claims for compensation up to 180 days prior to leaving the military, according to the U.S. Department of Veterans Affairs. Veterans disability benefits are tax-free and may be received by individuals who were injured while in military service or whose physical conditions were worsened by military service. Veteran pensions may be received by retired veterans and also by spouses and dependent children who have demonstrated financial need. Benefits may differ depending on whether the military member died during service or died after becoming a veteran of the U.S. military.

    • Education

  • Veterans may also receive U.S. government benefits related to education. The Post 9/11 G.I. Bill offers financial assistance and housing to honorably discharged veterans. Individuals may apply veterans education benefits to undergraduate or graduate degrees, or professional training and vocational programs. Tuition is paid based on the highest in-state tuition charged by a college or university where the veteran lives or wishes to attend school. Benefits include a stipend for books and supplies. In some cases, eligible dependents of veterans may receive financial support for completing their education.

    • Home Loans

  • Veterans may apply online for home loan benefits. Applicants should include documents stating the character of their service in the U.S. military and reason for leaving. Secure a loan through a private lender; the U.S. military acts as a guarantor for the loan, promising to pay in the event that veterans or other military members cannot make their required payments. The advantage to this type of loan is that veterans may purchase a home without a down payment, pay limited closing costs and aren’t required to purchase private mortgage insurance.

    • Vocational Rehabilitation

  • Vocational rehabilitation is offered for those individuals leaving the military to seek employment in the civilian workforce. Veterans receive evaluations, counseling and assistance developing resumes. They may also receive assistance finding a job or access to independent living services if unable to work because of military-incurred disabilities.

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