4 | Memorial Scholarships through Veterans Affairs.
Some of these are offered to spouses and are often larger than those offered by MyCAA. As a bonus, you will be part of someone’s legacy.
If these benefits don’t cover your costs or meet your needs, consider student loans. Be sure to choose government-backed federal loans over private loans that usually carry a higher interest rate. Federal Student Aid (FSA) comes in many forms depending on your situation: subsidized, unsubsidized, PLUS, or consolidation loans (if you are in repayment).
If you meet the income guidelines, you may qualify for a Perkins loan.
Most schools are very open about the cost of their degrees, and if they aren’t, just search for “cost per credit” to calculate your personal costs. Be careful to consider how much debt you are willing to take on to achieve your degree and how quickly you will be able to pay it back based on your earning potential after graduation.
Making the commitment to your education is a MAJOR ONE for you and your family.
There are many benefits to higher education for spouses, but it is a financial commitment that you need to consider as well. There is no time like the present, because—with the current budget situation—these federal benefits likely won’t be around forever.
If you want more: Education Options for YOU
