Veterans need to be aware of a few special circumstances when completing the Free Application for Federal Student Aid (FAFSA). These circumstances include the student aid treatment of veterans education benefits and the definition of a veteran for student aid purposes. Veterans Education Benefits are usually treated as resources, not income, for federal student aid purposes. The resources below are a good resource for understanding Veteran’s Education Benefits:
- Military.com maintains a Veteran’s Education Benefit Guide. This guide outlines several options for education benefits.
- Understand Combat Pay and Other Untaxed Income and how to report it on the FAFSA.
- Veterans Status for Student Aid Purposes is not necessarily the same as veteran status for VA purposes.
IMPORTANT FAFSA INFORMATION