Financial Resources for Veterans
As Americans, we owe the nation’s military veterans our respect and gratitude. Yet, despite the sacrifices they have made to protect us, many veterans and their families find themselves struggling to overcome financial hardships. The following is a list of resources for programs and organizations that assist veterans experiencing financial difficulties:
US Cares Emergency Assistance Program — If you’re a veteran struggling to cover basic monthly bills such as rent or utilities, you can begin the application process for a grant here. The average amount awarded is $650, which can be really helpful when struggling to make ends meet.
The American Legion Temporary Financial Assistance — Designed to help families with minor children, this program offers cash grants to pay for housing, utilities, food and medical expenses. The goal is to encourage a stable home life for children. Learn if you’re eligible here.
Operation Family Fund — Veterans who were severely disabled while serving in Operation Enduring and Iraqi Freedom can apply for grants to pay for medical bills, emergency transportation, vehicle repair and housing. Review the eligibility requirements and apply here.
Coalition to Salute America’s Heroes — This organization provides financial assistance to veterans who were severely wounded in Iraq and Afghanistan. Review the eligibility requirements and apply here.
U.S. Department of Veterans Affairs Aid & Attendance/Housebound Assistance — If you are a veteran receiving a VA pension, you may be eligible for an increased monthly amount through Aid & Attendance and Housebound Assistance. Veterans who are bedridden or need the services of an aid to help with everyday activities can apply here.
Personal Online Fundraising — Online fundraising sites such as Go Fund Me and Give Forward allow you to crowdsource donations from friends, family and your grateful fellow Americans. These sites can be a great way to help raise money to cover a temporary financial hardship or long-term need.
If you explore these resources and still can’t find the help you need, call us. Our free Credit Counseling can help you get a clear picture of your financial situation and help you develop a realistic budget based on your current income.