Veteran Home Loans







To have military education credits recognized you'll need to request a transcript from your technical school, Community College of the Air Force or other military education institutions.
 
VA Home LoanVA Streamline RefinanceVA Home Equity LoanVA Certificate of EligilibityForm DD-214VA Loan FactsVA Loan Lending Limits

Montgomery GI Bill

-- Getting Started Early is the Key
-- Online Education and GI Bill Friendly Schools
-- GI Bill Issues: Earned Credits, Taxes, etc.
-- GI Bill and Your Family

No "Double-Dipping"
If you are a Reservist, it may be tempting to file for both military education benefits; Montgomery GI Bill and the MGIB-SR or Selected Reserve programs. Unfortunately the rules are designed to let you use one or the other, but not both. Additionally, you may only use the same period of active duty to establish eligibility for one program.

Some people do qualify for both programs depending on the nature of their military service, but the system is designed to avoid confusion. When filing a claim for VA benefits the Veterans Administration will inform you which of these two military education benefits you are eligible to use.

The GI Bill is Just the Start
Did you know that many states offer programs to assist veterans in their educational pursuits? A great example is the Illinois Veterans Grant, which offers 100% tuition payments in public schools. Unfortunately, private schools are not part of this program, but in qualifying schools this veteran's benefit program is offered above and beyond your GI Bill benefits!

It's easy to see how your educational goals can become a reality with such help, but many veterans don't know these programs exist. Ask your college counselor to put you in touch with the campus VA rep, who can explain any such benefits your state has to offer. You will be very glad you did.

Getting Credit For What You've Already Done
As you start your journey to higher education, don't forget that your military education--Basic Training, technical schools, leadership training and upgrade training--can count for college credit. To get some of these credits your school will require you to submit either a DD214 (your discharge papers) or a form showing you are still on duty.

To have military education credits recognized you'll need to request a transcript from your technical school, Community College of the Air Force or other military education institutions. Be sure to submit these transcripts unopened, as most colleges won't accept them otherwise. Some schools want you to make a 'special request' in order to have these transcripts evaluated, others require you to contact the head of the departments your credits might transfer to for an official evaluation. Be prepared to start early and do some legwork to get this done, but it's well worth it in the end.

Is My VA Benefit Money Taxable?
At over $1,000 a month, your GI Bill "income" is sizable. Fortunately, any VA benefits--including all veteran education benefits--are not reportable to the Internal Revenue Service. This news comes as a welcome relief to those using combinations of student loans, veteran education benefits and grants to pay for school. Your financial road to higher education may be a winding one, but rest assured, veteran education benefits won't end up costing you money at tax time.


DeVry University
DeVry University offers flexible scheduling and the convenience to study at any of 80+ locations, online or a combination of both. Earn a respected associate degree, bachelor’s degree or master’s degree from an accredited university.

Westwood College Online
Westwood College’s online program offers you the flexibility you need to earn your degree when and where it’s most convenient. Degree programs include business, criminal justice, design and technology.

Colorado Technical University Online
At Colorado Tech Online, you can earn a career-relevant degree in just 15 months. Every CTU Online degree includes multiple Professional Certificates without additional courses or cost. Learn more today.

Capella University
As an accredited university with online degree programs in five schools, Capella University is committed to helping you accomplish your goals through a high-caliber educational experience.

Strayer University Online
Strayer University Online offers degree programs designed to fit your busy schedule. Attend real-time courses via the Internet, or complete coursework at times most convenient to you.

Walden University
Balance your personal and professional commitments while earning a respected Ph.D., master’s degree, or bachelor’s degree online at Walden University. Programs offered in management, education, psychology and health and human services.

American Military University
American Military University’s online programs can prepare you to succeed in a civilian or military career. Choose from more than 50 Associate, Bachelor’s and Master’s degree programs.

Kaplan University
Advance your career and get the distinct competitive advantage you need with an online degree from Kaplan University. And do it without missing a day of work.

University of Phoenix
As a regionally accredited university, and a long-time member of Service members Opportunity Colleges (SOC), University of Phoenix is approved by all branches of the military for tuition assistance and is approved for veterans training.

South University
South University enjoys a long-standing tradition of excellence in education and personalized student attention. Enjoy the convenience of earning your bachelor’s degree entirely online.

AIU Online
Earn your Associate’s, Bachelor's completion—even an MBA—from the comfort of home at AIU Online. Choose from career-track programs such as Visual Communication, Information Technology and more.

The Art Institute of Pittsburgh -- Online Division
Whether you’re just starting out or are a seasoned professional, you can jump-start your career with an associate's or bachelor's degree from The Art Institute of Pittsburgh -- Online Division.

Everest University Online
Expand your career horizons with an online degree from Everest University Online. Balance work and family while you study for your Associate’s, Bachelor’s, or Master’s degree.

Virginia College Online
Earn your associate's, bachelor’s or master’s degree from Virginia College Online. Our extensive programs are offered 100% online, so you can launch the career of your choice from the comfort of your own home.

Grand Canyon University
Grand Canyon University is currently offering programs through our Online Campus in our College of Education, Ken Blanchard College of Business, College of Nursing, and College of Humanities and Social Sciences.

Grantham University
Looking to advance your career or enhance your professional skills? Earn your degree online at Grantham University. Programs include Business Administration, Criminal Justice, Computer Science and more.

Jones International University
Earn a high quality degree in Business, IT, Education, or Communications. Jones International University® offers self-paced bachelor’s and master’s degrees tailored to your needs.

Ellis College
Take your career to the next level. Ellis College offers customized, flexible online degree programs for busy working professionals like you.

Baker College Online
Pay less than half the tuition at Baker College Online, a fully-accredited and highly-respected online school. Click to learn more about the over 30 programs.


Get Started with a
VA Home Loan


PROPERTY LOCATION

LOAN PURPOSE






VA Home Loans 101
An easy reference guide offering vital information for using your VA benefits to buy a home.




Military Loans
Serving the military community with personal loans from $500 to $10k.

Pioneer Military Loans



Use Your GI Bill Benefits
Education plus military training can be an unbeatable combination for a military promotion or for a civilian career.

The Montgomery GI Bill provides up to 36 months of education benefits for Active Duty, Selected Reserve, and Military Veterans.

See a complete list of
GI Bill Schools



VA Mortgage News
Browse through articles about VA home loan programs, VA benefits, home buying and selling, VA mortgage shopping and insurance.

Subscribe now and get monthly email delivery

Looking for a Realtor®?
Have an experienced agent in your area contact you for your buying or selling needs.

VA Mortgage Calculator
Use our calculators to help you find the right veteran mortgage.

Military Discounts
Save money on your next car rental or hotel stay.

Veteran Benefits
Find out how easy it is to get a VA mortgage.

Site Map
Company Information
Contact Us
Privacy Policy
VA Home Loan
VA Adjustable Rate
VA Home Equity Loan
VA Loan Prequalify
Streamline Refinance
FHA Mortgage
Certificate of Eligibility
DD214 Request
Military Loans
VA Loan Facts
Military Finance
Online Military Banking
Veteran Life Insurance
Military Home Insurance


   Copyright © 1997- 2008
   VALoans.com
   All Rights Reserved

   Web Design
   Archimage
   Houston, Texas

 

   
Additional Mortgage Sites:

FHA Loan
FHA Mortgage
FHA Home Loans