iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Thank You For Your Service

“Sequestration Slashes Scholarships for Children of Iraq and Afghanistan War Casualties and Military Members

On the 10-year anniversary of the start of the Iraq War, scholarships for children of troops who died fighting in that conflict are being cut by thousands of dollars, thanks to sequestration.

The awards, called the Iraq and Afghanistan War Grants, go to undergraduate students whose moms or dads died “as a result of military service performed in Iraq or Afghanistan after the events of 9/11,” according to the Department of Education.

Awards that have already been established are safe, but as of March 1, the dollar amount for each new grant is being reduced by 37.8 percent from what a student would have received last year.

That means young adults will receive up to $2,133.81 less if they apply for a grant for the first time this year.

The Iraq War officially ended in December 2011, but these grants are not only for children of recent casualties. Children whose parents were killed in earlier years of the wars when they were very young are now old enough to go to college and could be eligible for the grants….”

Full article and video

If you enjoy the content at iBankCoin, please follow us on Twitter