Military Life News

Military Life News, Commissary Rewards and Military Discounts

Want to Buy a House Using a VA Loan? 4 Things You Need to Know

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Summertime is prime real estate time. Many military families are moving to new duty stations located in communities where it may make more sense to buy instead of rent a house. Other military families are separating from service and they are looking to buy their forever home this summer.

Are you thinking of buying a house? What’s your financing plan for your mortgage? Does your service member want to use his or her VA loan? Do you qualify for a VA loan?

4 Things Military Families Need to Know about VA Loans

With a VA loan, military families are not required to make a 20 percent down payment when buying a house.

The VA loan is a benefit for military service members that you might not know a lot about. Unlike the commissary or Tricare, which you use reguarly, a VA loan is a one-time or maybe twice in a lifetime benefit.

With a VA loan, veterans may qualify for a mortgage loan guaranteed by the Department of Veterans Affairs. The loans aren’t issued by the VA, but instead the agency provides a guaranty on each qualified mortgage loan. Since the loan is guaranteed by the Department of Veterans Affairs, financial institutions do not require homeowners to buy Private Mortgage Insurance (a monthly fee when you don’t make a 20 percent down payment), as required with conventional loans.

With a VA loan, homeowners are not required to make a large down payment. Since most conventional loans required a 10 to 20 percent down payment, a zero down payment is a huge advantage for young military families. You might not have the cash for a down payment today, but you can start building equity with a VA loan.

Here are four additional things you need to know about buying a home using a VA loan.

  • You must use a lending institution that participates in the VA loan program. There are also a lot of extra forms involved with a VA loan, so be prepared for that. VA loans aren’t quick loans. They are money-saving loans.
  • VA loans aren’t a one-time deal. Veterans are entitled to use the program repeatedly as long as they pay off the loan each time. So you can buy a house when you are young service member and then use your VA loan a second time for your retirement home.
  • You can’t use a VA loan to buy a farm, restaurant or a vacation home. The program is designed to be used for primary residences only.
  • VA loans do save you money, but there’s also a mandatory fee. This fee is called the VA Funding Fee. It’s normally 2 percent of the loan amount and it is required for both purchase and refinance loans.
  • But in good news, VA loans don’t have a prepayment penalty. When you earn extra cash through a deployment or get an reenlistment bonus, you can put that money toward your mortgage. This can save you a lot on interest over the life of your loan.

Since 1944, the VA Loan program has helped more than 20 million veterans and their families buy a house. It’s a benefit that veterans have earned through their service. Make sure you take advantage of it.

Have you used a VA loan to buy a house? What was your experience with the program?

SCOUT Military Discounts App Makes Finding Discounts Easy

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SCOUT Military Discounts App Makes Finding Discounts EasySCOUT Military Discounts is a fantastic app available for both iOS and Android devices. With more than 125,000 military discounts SCOUT Military Discounts will be your go-to app for all military discounts. Googling military discounts and asking business owners if they offer a military discount will instantly be a thing of the past once you download this app.

The mission of SCOUT is simple: to make every military discount easily accessible to those who deserve it (including your favorite “mom & pop” shops without websites). Our goal is to have this valuable information at the fingertips of the entire military community.

The app is user-friendly, even the least tech savvy user will be able to navigate through it quickly and easily. There is a search feature that lets you find local discounts listed in proximity to your location. You can type in a specific company to see if they offer a discount or browse individual categories. It isn’t limited to retail shops and restaurants; it also includes hotels and travel-related discounts such as rental cars. Auto shops, pet services, photo discounts and more are listed as well.

If you come across a discount, whether online or in-store, you can add the discount to the app. There is a link at the bottom of the home page. Each discount added is verified before being added to the database. This ensures all discounts are properly listed so that they may be utilized fully and accurately. You can also add businesses through SCOUT’s website.

The app has a map view to make finding local discounts easier. Each red flag is a business offering a military discount. Simply tap on the flag to reveal the discount and business information. Tapping once again will take you to a business contact page. From there you can contact the company or get directions to it. This is such a timesaver as it opens in Maps and gives you instant directions.

Another great feature of SCOUT is its USO location finder. Type in a city and it will give you directions to that USO center. There are over 160 locations in 27 states so you are sure to find one near your military instillation. Finding military discounts is fantastic and finding a USO to rest and rejuvenate while getting connected with family is wonderful.

If finding an unbelievable amount of military discounts and USO locations isn’t enough, make sure to keep SCOUT in mind for Veterans Day each year. The app boasts a large list of military freebies offered by businesses that day. This will be great to have at your fingertips, especially since there were hundreds of free meal deals listed last Veterans Day.

With all of these great features, this app is sure to become your go-to app for military discounts, freebies and USO information. When searching for it in the app store type in SCOUT military and it is the first option.

Want to know more about SCOUT Military Discounts? Visit their webpage.

 

5 Tips for Job Hunting When You’re Still in Uniform

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As military spouses, the job hunt is just another box to check on our PCS checklist. We are constantly updating our resumes, networking with potential job leads and shaking hands at career fairs.

But what about our service members?  The military teaches today’s veterans to fight terrorism on foreign soil but writing a stellar cover letter isn’t a component of boot camp.

According to 2 recent studies focused on veterans and unemployment, eight in 10 veterans did not have a job when they left the military and nearly half of veterans stayed in their first post-separation position for 12 months or less (and two-thirds for 2 years or less). These startling statistics shine a spotlight on veteran unemployment and the challenges surrounding this issue. Add the fact that our military is currently facing significant troop reductions, we can all agree that solving the unemployment problem for veterans starts when they are still in uniform.

5 tips for Job Hunting and Networking When You’re Still in the Military

5 Tips for Job Hunting and Networking When You’re Still in Uniform

  1. Create a LinkedIn Profile. If you are in the military, you need a LinkedIn profile, even if you think you will serve for 20 years. This professional social media platform allows you to connect with former colleagues and potential employers. If you want a job, you need a LinkedIn account.
  2. Befriend Civilians. The longer you are in the military, the more insular the community becomes. Within 5 years, you know loads of Marines, soldiers and sailors, but you don’t know any police officers, facility managers or educators. Solve this problem by joining a professional organization, like Toastmasters International. Toastmasters is an easy way to practice your public speaking skills and connect with professionals in your community.  Volunteer to coach your kid’s soccer team or help with a local Boy Scouts troop. These extra-curricular activities will lead to potential jobs outside of the military.
  3. Send Christmas Cards. When you say “see you later” to every captain or sergeant who crossed your path, don’t forget about each other. Dedicate time to keep in touch with service members that you served with at all ranks. Know who you can count on for references when the time comes to write your civilian resume. Build your network within your military community now.
  4. Maintain Your Security Clearances and Certifications. In the military, there are certain boxes that you check for a particular job. It was a requirement for that job, but it won’t always be a requirement. If you speak a second language, take the test to be classified as bilingual. Raise your hand for collateral duties instead of being directed to take these roles within your command. Make sure your certifications and security clearances are up to date and current. Position yourself to be competitive both in and out of the military.
  5. Make a Plan B. The fact is that the Department of Defense is downsizing and every soldier, Marine, airman and sailor needs to have a Plan B. You need to plan to take your military job and convert it to a civilian job in the future. Obviously the majority of military jobs do not have a civilian equivalent, so invent one. The military offered opportunities for leadership, so management is a natural fit for you. The military taught you how to motivate others, so sales may be calling your name. Research specialized programs like Troops to Teachers and Veterans to Farmers while you’re still active duty so that you know your options when you separate from the service.

Spend time twice a year brainstorming ways you can take the knowledge and experience you gained in the military and apply it toward your second career: Your civilian career. The one where you won’t have daily PT, mandatory fun and stand-downs.

What tips do you have for service members preparing to start their civilian job search?

How to Teach Your Children About Veterans Day

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You want to teach your children about any holiday throughout the year and as a military family teaching them about Veterans Day is a must. What your child understands about the day might depend on the age of your child and their personality. Some will be a lot more interested in it than others.

Here are a few ideas on how to recognize Veterans Day with your children.

Teaching Children About Veterans Day

One idea is to tell them about the veterans in their family. If you are a military family this will of course include Mom or Dad but they might not know who else in your family served. Get out all the photographs you can find of family members in uniform over the years. Sit down together and show them each person and let them know when they served. Your children will enjoy seeing the photos and will be able to put a face alongside periods of history in our country.

If there are any Veterans Day parades in your area, you should plan to take your children. They can really learn a lot about the day by doing this. They can see the veterans in your community and learn a little bit more about the history of when people served. It is also a great way to participate in your community.

You can also host a Veterans Day craft party at your home. Invite some other families and find some fun crafts on Pinterest. You can find different cutouts and puzzles for them to do. You can also do this before a parade and make banners to hold when you go to it. Just getting the children thinking about what November 11 stands for is very important.

If you have older children that would be interested, you can show them a documentary on what it means to be a veteran. You can find these at your local library, on television or even online. After it airs, make sure to discuss it with your children. Let them ask you any questions they might have. Have them write down what they learned from watching the documentary.

A great way to give back is to have your children write letters to veterans in your community. They can be something as simple as a card with a picture on it. Anything they can do to show their appreciation would be a good thing. You can look in your community about different events that help veterans and see if there is anything you and your children can do to help them out. Doing so will be good for those who have served and will teach your children tangible ways of saying thank you to the military.

Teaching Children About Veterans Day

Even if you do not live in a military town you should be able to find something going on that you can take your kids to. Make it a habit to go somewhere every year so your kids will know the importance of that day. They will grow up learning what it means to serve and how we as Americans should treat those who have done so.

What are your plans for Veterans Day? Tell us in the comments below.

Understanding In-State Tuition Options for Veterans Using the Post-9/11 GI Bill

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Understanding the Veterans Access, Choice And Accountability Act of 2014 can be quick and easy. Section 702 specifically states:

The Senate amendment would amend section 3679 of title 38, U.S.C., by adding a new subsection (c) to require VA to disapprove courses of education provided by public institutions of higher learning that charge tuition and fees at more than the in-state resident rate for veterans within three years from discharge from a period of at least 90 days service in the military, irrespective of the veteran’s current state of residence, if the veteran is living in the state in which the institution is located while pursuing that course of education.

Pursuant to subsection (c), this provision would apply to veterans using the educational assistance programs administered by VA under chapters 30 and 33 of title 38, U.S.C., and to dependent beneficiaries using Post 9/11 GI Bill benefits during the three years after the veteran’s discharge. If the veteran or dependent enrolls within three years after the veteran’s discharge, the requirement to charge no more than the in-state tuition rate would apply for the duration the individual remains continuously enrolled at the institution.”

This law was written to help veterans transition from the military to civilian world through higher education and now includes benefits for their spouses and children using the Post-9/11 GI Bill. Previously, public schools were able to charge veterans out-of-state fees if they did not meet in-state requirements. With the passage of the Veterans Access, Choice And Accountability Act of 2014 schools that want to continue to receive Post-9/11 GI Bill benefits must offer veterans in-state tuition or lose those funds.

In-State Tuition for Veterans Using the Post-9/11 GI Bill

What questions do you have about the in-state tuition for veterans bill?

It can be difficult for veterans and their family to establish in-state residency with the amount of moving the military can require. This bill will now bring relief from these burdens for those planning on taking classes July 2015 or later, as this is the deadline for schools to offer in-state tuition to veterans and their family.

Not all public schools will make this easy however. While they must offer in-state tuition, they can still mandate that you prove your intent to stay in that state and eventually become a resident.

The State Council of Higher Education for Virginia for example requires veterans and their family to prove they have established “domicile” in Virginia. This intent to remain in the state can be established by not only physically residing in Virginia but also changing records to the state. The standard one-year wait most civilians are required to prove they have made Virginia their home is waved for veterans and their families. They can begin classes on the next term once their review has been processed.

Post-9/11 GI Bill Offers In State Tuition to Veterans

 

To take advantage of in-state tuition veterans and their family must begin college courses within 3 years of separation from service. As long as they are enrolled in courses they will be able to continue using this benefit. Again, schools have until July 2015 to offer in-state tuition so be sure to consider this and your timeline for enrollment. Contact the college or university you wish to attend in order to definitively know their policy. Currently, Student Veterans of America has an interactive map outlining state laws and legislation regarding this matter.

What questions do you have about the in-state tuition for veterans bill?

When You Deploy, Where Does Your Dog Go?

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No one should have to give up a pet because they have to go somewhere with the military. The Dogs on Deployment organization is a great program for helping service members prepare for a deployment.

Dogs on Deployment supports troopsTheir purpose is to find a place for a service member’s pet to go during a deployment or other military obligation. Not everyone has family members or friends who can take the animals and it can be a frustrating situation when that happens. In a lot of cases the animal has to go to a shelter since the service member will not be able to take their pet with them.

In addition to that, Dogs on Deployment promotes lifelong, responsible pet ownership within the military community. They do this by advocating for pet owner rights on military installations, providing education and resources about pet ownership, granting financial assistance for emergencies, promoting pet insurance and vaccinations as well as the need to spay or neuter animals. The organization also works to make sure everyone has access to the Dogs on Deployment program.

Dogs on Deployment boards pets of all types that belong to active duty, reservists, National Guard, honorably discharged veterans and their families. DoD was started in June 2011 by Shawn and Alisa Johnson, who serve in the Navy and Marine Corps, respectively. They themselves have been in a situation where they needed a program like this for their own pets.

This program is a great one because of the need for help with pets when you have to go away for military duty. No one should have to give up a pet because they have to go somewhere with the military. Even a short-term assignment could cause distress for people who don’t have anyone to watch their animals. The cost of boarding a dog for that long would not be within anyone’s budget either.

Dogs on Deployment supports military pets

If you would like to support this organization, you can make a financial donation, become a sponsor, share their program on social media or even shop on their site. If you would like to board a pet, after registering with the site, you can search to see what pets are available in your area and the dates needed for pet foster care.

This organization was “Founded by Military, for the Military.” It is a great way to give back and to help those fighting for our country.

Bill Gives Veterans Using GI Bill In-State Tuition

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Bill approved by Congress provides in-state tuition for veterans.

All public universities will be required to offer veterans and their families in-state tuition regardless of their home of record.

Congress passed and President Barack Obama signed into law last week the Veterans Access, Choice And Accountability Act of 2014. This bill grants veterans and their families the right to in-state tuition at public colleges and universities regardless of where the service or family member is currently living. But only if, they are using GI Bill money.

The law goes into effect July 1, 2015.

Under the current law public schools are not mandated to offer in-state tuition if the veteran does not reside in the school’s state when classes begin. Currently, 24 states already have some form of a state residency waiver for veterans.

Other colleges require veterans to prove their intent on remaining in the state after their education is completed in order to receive in-state tuition. For example University of California, San Diego requires proof of your intent to become a California resident in order to receive in-state tuition. Not only do you need to prove your physical residence, but you must also “demonstrate your intention to make California your home by severing your residential ties with your former state of residence and establishing those ties with California.”  You can prove your intent by acquiring a California driver’s license, opening a bank account or showing your housing contract.

Meeting these requirements, while tedious, is well worth it as the tuition difference between in-state and out-of-state tuition is staggering. The University of Alabama, for example, charges in-state students $9,200 in tuition and fees for the 2013-14 year, while the out-of-state students are assessed fees and tuition of $22,950.

Related: 3 Ways to Stretch Your Tuition Dollars

In-state vs. out-of-state tuition for veterans will all change in July 2015 when the new law goes into effect. All public schools will be required to bill veterans and their families at an in-state tuition rate. If the school does not comply, the VA has the right to disapprove their courses.

This bill will not change veterans and families status when applying for school loans and scholarships. The GI Bill is not considered Federal Financial Aid and thus federal loans are still an available option. There are 5 main loans and grants:

  1. Stafford (subsidized)
  2. Stafford (unsubsidized)
  3. Perkins Loan
  4. Pell Grant
  5. Federal Student Education Opportunity Grant (FSEOG)

Eligibility for most federal student aid is based on financial need along with several other factors. It is well worth it to look into these options as well as scholarships. MyCAA is a tuition assistance for military spouses for example. It has limitations based on the active duty sponsor’s rank however. It is only open to “spouses of active duty service members in pay grades E1-E5, W1-W2, O1-O2 including the spouses of activated Guard and Reserve members within those ranks.”

In-state tuition available for all veterans starting July 1, 2015.

In-state vs. out-of-state tuition for veterans will be irrelevant starting July 1, 2015.

There are many scholarship opportunities for military spouses. A second notable one is the National Military Family Association scholarship. This is open to all military spouses regardless of the veteran’s rank.

With the passing of this new bill, financial aid availability and scholarships, military families have more opportunities to make earning a college degree more of a possibility.

How will this bill affect your family? Will you be more likely to earn a college degree?

 

3 Ways to Stretch Your Tuition Dollars

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3 Ways to Max Out Your GI Bill Benefits

Use the VA’s GI Bill Comparison Tool to calculate the cost of a diploma.

In this year’s defense budget debate, the political buzz has centered on the possibility of a reduction of benefits for active duty service members, military families, retirees and veterans. While this debate was negative news to every person who volunteered to serve their country, there is one benefit that is being paid out by the tens of thousands every year:

the Post-9/11 GI Bill

The Post-9/11 GI Bill was approved in July 2008 and it provides education benefits to service members who served 90 or more days on active duty since Sept. 10, 2001. Military.com explained that the benefits are tiered based on the number of days served on active duty, creating a benefit package that gives current and previously activated National Guard and Reserve members the same benefits as active duty service members.

Unlike the previous veteran tuition assistance benefits, the Post-9/11 GI Bill can be transferred to the service member’s spouse or children.

Are you considering using your Post-9/11 GI Bill?

Here are 3 ways to stretch your GI Bill dollars.

Choose a Post-9/11 GI Bill-friendly school. Review the list of college and universities participating in the Yellow Ribbon Program. This voluntarily program ensures that service members will not pay any money out-of-pocket for tuition and fees. You earned these benefits; select a school that values veterans and military families.

Calculate and compare educational options. Veterans shouldn’t rush into the decision to attend college. Each student needs to work with the Department of Veteran Affairs, which administrates the tuition benefits for veterans, to ensure that he fully understands his benefits. The VA’s GI Bill Comparison Tool provides unbiased and accurate information to compare different higher institutions.

For example, a veteran considering attending Harvard University is eligible for up to $19,198 per year for tuition, $2,454 monthly housing allowance, and $1,000 annual book stipend.  Tuition at this private university is $43,938.

Let’s compare those dollar amounts with Arizona State University, a public university which currently has 3,000 veterans and dependents enrolled and has been recognized as a military-friendly college. At ASU 100 percent of the instate tuition costs (estimated at $10,156), along with the $1,000 book stipend and $1,461 for a monthly housing allowance are included in the GI Bill benefits.

3 Ways to Get Max Benefits Out of Your GI Bill

Veterans should review the list of universities participating in the Yellow Ribbon Program before enrolling in college.

Every veteran should aim to attend a school with a benefit estimate of 100 percent of instate tuition costs. You earned these benefits; don’t go into debt to get your diploma.

Be smart about online resources. There is a lot of false and misleading information regarding the Post-9/11 GI Bill. Beware of websites that claim to be veteran education organizations, but are not affiliated with the VA. The best source of information is the VA. Stick with them. You earned these benefits; don’t be scammed.

What did I forget? Please share your tips on how to maximize your GI Bill benefits.