Federal Employee Student Scholarships

June 15th, 2011 | No Comments »

$2.75 MILLION…
That’s the total amount of college scholarships awarded annually to federal employees and their families. The Federal Employee Education Assistance Program (FEEA), a non-profit agency devoted exclusively to assisting federal employees, provides merit-based scholarships ranging from $400 to $1,500 to current civilian Federal and postal employees and their dependent family members (children and spouses). Employee applicants may be part-time students; dependents must be full-time. Applications are available from January through March each year. For more information or to download an application visit their website at www.feea.org/scholarships.html or call 303-933-7580.

REAPING the Benefits…
The Department of Defense has a new education benefit available to certain reservists. REAP (Reserve Educational Assistance Program) provides educational assistance to those who’ve served active duty for at least 90 days beginning on or after September 11, 2001. The amount of assistance is determined by a percentage of the Montgomery GI Bill-Active Duty (MGIB) rate based on the number of consecutive days of service. For information on these benefits go to
http://gibill.va.gov/post-911/other-programs/reap.html

Down to a Science…
Pulitzer Prize winning author James Michener established the NASA College Scholarship Fund for the purpose of promoting science and engineering in education. The Fund awards six $2,000 scholarships annually to qualified dependents of current and former NASA employees who are pursuing a degree in an engineering or scientific discipline. An open call for applications takes place each year between January and March so make sure you check in during this time. For more information go to
http://nasapeople.nasa.gov/nasascholarship/index.htm

The Big Pay-Off…
Feeling burdened by student loan debt? Uncle Sam might have just the break you need. The Federal Student Loan Repayment Program authorizes federal agencies to repay the federally insured student loans of current or prospective employees as a hiring or retention incentive. A federal employee is eligible for up to $10,000 in annual payments to their loan-holder, up to a maximum of $60,000. These incentives are at the discretion of each agency. Current Federal employees should contact their agency directly to inquire about repayment options.
To learn more see http://www.opm.gov/oca/pay/studentloan/

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