It’s August and once again time to think about school. If you’re considering enrolling in higher education in the future, you’ve likely thought about applying for financial aid.
Veterans receiving VA disability benefits have an added factor when filling out applications for financial aid. Yes, any disability compensation is counted on the FAFSA (Free Application for Federal Student Aid), considered untaxed income and benefits.
When you receive VA disability benefits, this counts as part of your total income, including your adjusted gross income. It affects your eligibility for financial aid just as much as taxable income does, so that’s something to keep in mind.
But fortunately, many colleges and universities offer no-loan financial aid programs such as grants or student employment benefits that consider other aspects than income.
There are numerous free and discounted programs to further the education of veterans and returning servicemembers that also do not consider income. So if you’re currently receiving VA disability benefits, don’t let that deter you from pursuing your educational goals.
You’ve fought and sacrificed for your country, so if you’re suffering from a service-connected disability, the most important thing is that you are receiving the benefits you deserve. If you have questions about VA disability or your claim has been denied, please don’t hesitate to contact us today. It’s time to let us fight for you.