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Veterans & Service Members

AACRAO recognizes and honors the sacrifices these men and women have made and its members are proud to assist them and meet their educational needs. Veterans and students on active military duty and their families face special circumstances and challenges.

Changes in federal statute and executive actions have greatly promoted the expansion of services toward veterans and their families. Since the Post-9/11 GI Bill was passed in 2009, close to 1 million veterans, service members, and eligible dependents have taken advantage of the educational benefits available to them. With the passage of more recent legislation, such as the Forever GI Bill in 2017 and the Isakson Roe and THRIVE Acts in 2021, there will be significant changes to military education benefits over the coming years.

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Latest Actions

AACRAO recently hosted a webinar to discuss the implementation of veteran legislation passed in December 2020, also known as the Johnny Isakson and David P. Roe Veterans Health Care and Benefits Improvement Act. This law will have a transformative effect on the mission of Education Service to provide ready access to, and timely and accurate delivery of, education benefits to Veterans, Service members, and their families, as well as further enable the U.S. Department of Veterans Affairs (VA) to empower GI Bill beneficiaries to achieve their vocational and career goals.

Other recent legislation introduced in both the House and Senate include important provisions to help ensure veterans can continue to receive their education benefits as well as technical corrections to the legislation passed last year.

UPDATES

New Guidance on Student Loan Interest Rate Caps for Servicemembers

Aug 27, 2014, 21:47 PM
legacy id : 53fe43d13edeef1bec6a9152
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On Monday, the U.S. Department of Education issued a Dear Colleague Letter related to the maximum interest rate that may be charged to certain Direct Loan and Federal Family Education Loan program borrowers who are on active duty military service under the Servicemembers Civil Relief Act.

The guidance would make it easier for members of the armed forces to pay lower interest rates on their federal student loans. Currently, service members who qualify for a cap on their interest rates under the Higher Education Opportunity Act have had to request that the benefit be applied to their loans. The department's new guidance directs student loan servicers to consult a government database and automatically apply the cap for qualifying borrowers.

 

Related Links

U.S. Department of Education Dear Colleague Letter

http://ifap.ed.gov/dpcletters/GEN1416.html

Michelle Mott
Categories :
  • AACRAO Transcript
  • Advocacy
  • Financial Aid and FAFSA
  • Veterans and Service Members
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