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7 Lifetime Veteran Benefits You Need To Know About - Sophia Belnap - Blog

7 Lifetime Veteran Benefits You Need To Know About

There are a lot of reasons to consider volunteer military service, and many people join for the shiny benefits package touted by recruiters. However, new veteran programs are implemented all the time through the Department of Veterans Affairs (VA) and other federal and private organizations. It can be difficult to keep up with your eligibilities as you transition from active-duty life, but you deserve access to the aid you’ve earned. here are seven benefits you may qualify for as a U.S. military veteran.

  1. Discounted Housing 

Sadly, veterans are at a high risk of homelessness after leaving the service. To mitigate this reality, several housing initiatives exist to help active duty, reservists and national guard vets find affordable housing. The VA Foreclosure Program maintains a list of foreclosed homes that veterans can purchase at a reduced price using VA home loan financing.

  1. Death Benefits 

When a veteran passes away, regardless of service status at the time of death, the family has the option to receive unique funeral honors. Whether the burial site is private or government-run, a military funeral includes an honor guard detail, a U.S. flag folding ceremony and a Presidential Memorial Certificate for surviving family members. At the family’s request, the VA can also provide a free grave marker.

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  1. Caregiver Support

Some service-related injuries are too severe to continue serving, leaving ailing vets in need of lifetime support. If you are a caregiver to a partially or fully disabled veteran, you may benefit from caregiver support through the VA. This program provides free coordination and information about military benefits, as well as a venue to talk about the difficulties of caregiving.

  1. Transition Assistance

Vets leaving the military need jobs and companies want to hire veterans. The hard part for service members is navigating the civilian job market and hiring process. For recruiters, it’s understanding how military service translates to marketable skills and finding the right individuals to match corporate positions. Organizations like FourBlock, American Corporate Partners and Veterati work to bridge the gap between the armed forces and business communities, helping talented veterans get great jobs.

  1. Life Insurance

The Service Members’ Group Life Insurance (SGLI) can be purchased in increments of $50,000 up to $400,000 at a premium rate of $0.06 per $1,000 of coverage. During service, you are automatically enrolled. However, if you sustain an injury during your time in the service, you may have trouble finding affordable life insurance coverage after separation. A few SGLI options, including Veterans Group Life Insurance and Service-Disabled Veterans Insurance, allow you to continue coverage after leaving the military as long as premiums are paid.

  1. Education Benefits

One of the top recruiting tools across services is the GI-Bill benefit, which provides funding for service members or eligible family members to participate in university, technical or vocational education programs. However, your leadership and military mentors may not know about other non-college or certificate programs offered free to vets. Since 2019, there has been a huge push to hire vets in the tech industry, so programs like VET TEC offer courses in the following areas:

  • Information science
  • Data Processing
  • Coding
  • Software
  • Media Application
  • Computer Programming

Additionally, the VA is actively adding programs to the list of offerings, so if you find one that isn’t currently covered, you can submit it for consideration.

  1. Nursing Home Care

Long-term care for aging family members is expensive, but often necessary for their health and protection. For eligible veterans in need of nursing home or assisted living options, the Aid and Attendance Program helps cover the cost of up to $25,020 per year for couples. Surviving spouses of military veterans may also qualify for up to $13,560 a year to subsidize their own long-term care.

As a U.S. veteran, you deserve more than a “thank you” for your service. Take advantage of the programs and funding available during and after your time in the military.

Publish Date: November 15, 2021 10:17 PM

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