MILITARY SCHOLARSHIP FINDER
Check out http://aid.military.com/scholarship/search-for-scholarships.do
I was researching scholarships and came across this awesome app. Basically, you answer some basic questions and it pulls up all applicable scholarship/grants. The list is VERY comprehensive. Apply for any or all! It’s free money for school and YOU deserve it!
PIKES PEAK TOP 3 ENLISTED EDUCATIONAL GRANT INCENTIVE PROGRAM (EEGIP)
1. Any active duty Non-E-7 select or below assigned to Peterson AFB Complex are eligible to apply.
2. The justification statement required from each applicant will be in 12pt font and not exceed 8 standard lines or bullets, topic examples: How can I better encourage and influence my peers to pursue higher educational goals? Or, how would I apply what I have learned to my AF job?
3. Applications may be submitted at any time and will be assigned a log number good for two quarters. Selection consideration will start anew every selection period. (If your application was not selected for Mar or Jun you must reapply for the September selection period).
4. Individuals may only be selected to receive a grant twice per calendar year.
5. Individuals must provide proof of school registration before receiving funds, I.E. copy of TA forms.
6. Applications may be picked up from any Pikes Peak Top 3 member, the Peterson Education Office, or downloaded from the Pikes Peak Top 3 website at https://midway.peterson.af.mil/pikespeaktop3/
7. A selection session will be convened after the normally scheduled monthly meetings of December, March, June, and September. All applications will be evaluated for merit and need (ref item 3). Two applications will be selected and $100 checks will be issued to each individual as outlined in the Enlisted Education Grant Incentive Program document. The Pikes Peak Top 3 Education Committee will verify/validate all submitted applications and will contact selected individuals.
8. Give this application, justification statement, and proof of registration with any Pikes Peak Top 3 member or contact the Education Committee as identified on the Pikes Peak Top 3 website.
INTEREST RATES ON FEDERAL EDUCATION LOANS TO DROP JULY 1
Persons considering a Federal student loan consolidation of their
variable-rate loans should seriously look into doing so immediately after 1
July 2009. At that time, interest rates on these consolidations will drop to
a historic low and will be “locked in” for the life of the loan -
potentially saving thousands of dollars in interest for borrowers.
Federal student loans that were taken out before 1 July, 2006 have variable
rates. Interest rates on Federal consolidation loans are capped – meaning
they cannot go higher than 8.25%. But, borrowers who have variable-rate
Federal loans who consolidate them after 1 July can lock in these new low
rates:
Stafford Loan Consolidation (In-School/Grace Period): 2.00% Stafford Loan
Consolidation (Repayment Period): 2.50% PLUS Loan Consolidation: 3.38%n
Some of the important aspects of this initiative are:
. Borrowers who have already consolidated their loans cannot take advantage
of the drop in interest rate.
. Persons with loans originated after July 1, 2006 are not eligible for the
new lower rate.
. Private student loans cannot be included in a federal consolidation loan.
. Borrowers who are still in school cannot consolidate their loans until
they graduate, as Congress repealed the early repayment status loophole in
2006.
. Individuals who received prompt payment discounts from their lender will
lose those discounts if they consolidate.
. Borrowers who received up-front discounts on their loans, such as fee
waivers, may lose those discounts if they consolidate, depending on the
terms of the discounts. However, generally the savings associated with
locking in the loans at historically low interest rates will outweigh the
value of the lost discounts.
. It is not advisable to include Perkins loans in a consolidation loan, as
one loses the subsidized interest and favorable forgiveness benefits
associated with a Perkins loan if the loan is consolidated. Also, since the
interest rate on the Perkins loan is already fixed, there is no financial
benefit to consolidating them.
Since most federally-guaranteed student loan program lenders are no longer
consolidating federal education loans, borrowers who wish to consolidate
their loans should use the Federal Direct Loan Consolidation program at
loanconsolidation.ed.gov.
Source: AFCRO
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The Military Spouse Career Advancement Account program is now nationwide.
Spouses must enroll online to register for the program and contact Military
One Source for more information and to schedule time with a online education
counselor.
The website is https://aiportal.acc.af.mil/mycaa/User/Spouse/FAQs.aspx
Military One Source can be reached at 1-800-342-9647
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Please visit the following links for information on two scholarships for military residents of the Pikes Peak Region
- Camo Kids Scholarship for children of military graduating in 2009. Open to all services
- Wounded/Fallen Soldiers Scholarship for children of wounded or fallen soldiers in the Pikes Peak Region
Contact your base education center for more information.
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The application window for the Hap Arnold education grant is now open.
The eligibility rules are below and the website is http://www.afas.org/Education/body_procedures.cfm
This grant is open to military spouses and dependent children. The application process is pretty simple and there is an approval rate of over 50 percent.
Grant Eligibility Requirements
Applicants must be in one of the following categories (items 1-3) and meet all other eligibility criteria listed below (items 4-6):
1) Dependent sons and daughters of Air Force members in one of the following categories:
- Active Duty, Title 10 AGR/Reserve on extended active duty, and Title 32 AGR performing full-time active duty. All members must be on active duty through December 1, 2009 (all other Guard and Reserve are not eligible).
- Retired due to length of active duty service or disability, or retired AGR/Reserve with 20+ qualifying years creditable for retired pay (all others are not eligible).
- Deceased while on active duty or in retired status.
2) Spouses of Active Duty members and Title 10 AGR/Reservists on extended active duty. Member’s active duty status must extend through December 1,2009. Eligible spouses must:
- Reside and attend school within the lower 48 contiguous states during the academic year.
- Be legally married to member (not separated or pending divorce) at time of application and disbursement of award.
- Spouses of Active Duty members residing overseas (including Alaska and Hawaii) during the academic year have access to a separate AFAS grant program, called the Spouse Tuition Assistance Program (STAP) and therefore, are not eligible under this program.
3) Surviving spouses of Air Force members who died while on active duty or in retired status.
4)Will be a high school graduate enrolled or accepted as a full-time undergraduate student in the 2009-2010 academic year. NOTE: Students enrolled exclusively in distance education courses should check with their school official to verify their enrollment as meeting school’s full-time status requirements.
5) Will be enrolled or accepted in an accredited college, university or vocational/trade school approved by the U.S. Department of Education for participation in federal aid programs.
6) Maintain at least a cumulative 2.0 grade point average (GPA) on a 4.0 grading scale.
***Eligibility in future years requires previous grant recipients to demonstrate satisfactory progress by promotion in school grade level. Awards are not automatically renewed; students must reapply and re-compete each year.
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Updating or completing your education is key to employability and promotion. Now the government and some local colleges are making it easier to obtain a coveted degree through grants and scholarships.
Here are some highlights and contact information:
- Colorado Technical University is offering scholarships to military spouses. Call 719-598-0200 for more information
- Fort Carson has scholarships available; contact the Mountain Post Training and Education Center at 719-526-2124
- Check out Pikes Peak Workforce Center for BRAC education grants (for Army spouses). Get up to $6,000 for continuing education (certain requirements must be met). Call 719-667-3717 for more information
- Looking for a two-year degree in health care, education, financial services, information technology, human resources, hospitality, homeland security, business administration (cost estimators) and construction? Contact your Family Support Center right away! They have hundreds of thousands to give away ($3,000 per year, max of two years) NO MATTER YOUR RANK OR STATUS! Get in on this opportunity today! Fort Carson: 719-526-2124 Peterson AFB: 719-556-7392 Schriever AFB: 719-567-3920 USAF Academy: 719-333-2269 or Pikes Peak Workforce Center: 719-667-3717.
