Military Family Central

Connect and learn with
other military families.
Access our library of free homebuying ebooks and PDF guides.





Unique Program Helps Veterans Drowning in Education Debt

Many military members who proudly serve our country have access to tremendous education benefits. But that doesn’t mean they’re always able to breeze through a degree program without incurring any debt.

A unique organization is working hard to help veterans who are struggling with the lingering costs of higher education. The Leave No Veteran Behind program offers to partially or completely pay off higher education loans for veterans who would otherwise receive no aid from the government.

Even though new GI Bills have helped thousands of service members and veterans access higher education, there are holes that LNVB seeks to fill. For example, the GI bill does not cover loans that have already been used for education, even for someone already enlisted. In addition, the Military Student Loan Repayment program is not available to all veterans, even though many of the excluded have foundStudent loan debt paid in full themselves in thousands of dollars of debt from higher education.

How Leave No Veteran Behind Works

Leave No Veteran Behind essentially facilitates a trade between the community and veterans seeking aid with their higher education loans. In exchange for loan reimbursement, the program requires veterans helped to give back at least 100 hours of service to their communities.

This reintegrates veterans to civilian life and has them use their skills to help their communities. Veterans qualifying include those who:

  • Served a minimum two years on active duty
  • Served minimum eight years in the Reserves or National Guard
  • Deployed to a combat zone for at least 30 consecutive days
  • Were released in any way not dishonorable
  • Have a service connected disability preventing fulfillment of duty

Veterans seeking help paying off educational loans can check a full list of requirements on the LNVB website.  Applying is designed to be simple and can be done online with scanned copies of the required documentation of service and college attendance. Upon approval, enrollees are entered into a queue for repayment in the order they were received.

The program as a whole is experiencing rapid growth as the word about its mission spreads. Although they have only completely paid off the loans of five veterans thus far, there are over 100 currently involved and hundreds more going through the enrollment process.

How it began

Founders Roy and Eli realized there was no one to help them with the debt they incurred earning their degrees before deployment. Consequently, they struggled to pay off their loans even with jobs in the private sector.

After realizing they were not alone, the pair knew something had to be done to help those who have already sacrificed so much.

LNVB is a nonprofit program and receives most funds through donations made on their website. Any support is appreciated and they encourage any veterans facing similar struggles to apply for enrollment.

Photo thanks to Vaedri1 via Flickr Creative Commons


Posted by Claire Shackelford
clarissa.shackelford7@gmail.com


For the best Military News on the web, sign up to be a Veterans United VIP today!

Privacy Guaranteed, we will never spam you!

Welcome to the Club!



2 Comments

  1. Ginny
    Posted September 11, 2012 at 8:56 am | Permalink

    I applaud your efforts to serve us veterans, but I am wondering if there are any programs that also helps veterans like me who did serve our country faithfully, but who did not serve in combat areas or who do not have service related disabilities?

  2. lbid
    Posted November 2, 2012 at 9:36 pm | Permalink

    Help me from Student Loan debt.I am struggling to pay the debt.

One Trackback

  1. By Elektrische Zahnbuerste on December 3, 2011 at 5:14 pm

    … [Trackback]…

    [...] Read More Infos here: veteransunited.com/family/unique-program-helps-veterans-drowning-in-education-debt/ [...]…

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

  • Sign up for our newsletter and get the best of Veterans United Network each month.

    Thanks for subscribing to our monthly newsletter!

Popular
Latest
Comments
Tags





Follow Us On Facebook


Twitter Feed
Military Family Central
@familymilitary

Copyright ©2013 Veterans United Home Loans. All Rights Reserved.