Programs That Want to Pay for Your College. By Christopher Maag. Getting financial help with college was one of the major reasons why Benjamin Armstrong joined the Marine Corps. But when the veteran of both the Iraq and Afghanistan wars finally started using the G. I. Bill to attend Texas State University in 2. Marine Corps College Fund, which would have paid $1. Bill covered the vast majority of the costs, Armstrong finished school with minimal student loan debt. The average university student graduates with over $2. Project on Student Loan Debt. Americans owe more than $1 trillion in student loans, more than they've charged on their credit cards. But there are ways for students of all ages to earn college degrees without racking up mountains of debt. Bill, are well- known, and have been around for generations. Others, including law school programs that wipe away graduates' student loans in return for work in the public interest, may be less well- known but just as helpful. Whatever the mechanism, most of these alternative ways of paying for college share a similar goal: Helping young people enjoy the opportunities that come with having a college degree without the crushing debt that prevents many graduates from enjoying those opportunities. While larger and broader in scope than any existing service program, there are many precedents for this kind of aid. Here are some of the more popular programs people already use to help pay for college and graduate school. The Military. The grandfather of all college aid programs is the G. I. Originally introduced in 1. World War II avoid the unemployment and economic stagnation that often follows major wars, the G. I. Bill has been expanded to help generations of military service members attend college and improve their professional skills. It's been expanded, and it's also become much more complicated. There are actually two G. I. Bills, plus a host of other programs offered by the Veterans Administration to help veterans and their families go to school. Some of these programs are stand- alone, and can only be used by themselves. Others can be layered one after the other, so that one student can tap multiple programs to obtain a number of different degrees and certificates. Even though he is immersed every day in the intricacies of the G. I. Bill, he often turns to experienced experts at the Texas Veterans Commission for help answering more complicated questions. Bill takes two different forms: The Montgomery G.
I Bill, and the Post- 9/1. G. I. The biggest difference between the two is how they pay, says Ron Kness, who retired after 3. G. I. Bill expert on GIBill. Under the Montgomery, the older version of the G. I. Bill, veterans pay tuition, living expenses and other fees from their own pockets, and later are reimbursed by the government up to $1,4. Under the Post- 9/1. G. I. Bill, meanwhile, the government pays tuition and fees directly to the school. The bill also pays a monthly housing allowance that varies based on the student's zip code, plus up to $1,0. Many students prefer this newer version of the bill, Armstrong says, because direct payments from the government to colleges makes it easier for veterans to plan their finances. Bill is, without a doubt, the best G. I. Bill veterans have ever had. If a veteran plans to go for a master's doctorate or other advanced degree, she can start out on the Montgomery G. I. Bill, which covers up to 3. After that, they can switch to the Post- 9/1. Bill, it is really common for veterans. Thanks to the Post- 9/1. Yellow Ribbon program, students can get additional financial help to attend private schools if tuition at their institution exceeds the $1. Veteran's Administration. In addition to the different versions of the G. I. Bill, the Veterans Administration offers other financial aid programs for veterans and their families. Here are a few. Reserve Educational Assistance Program (REAP), to help reservists called to active duty during wars and national emergencies. Veterans Educational Assistance Program (VEAP), in which service members can deduct money from their paychecks to fund later schooling. The government matches these contributions 2- for- 1. National Call to Service Program. In return for service in the active duty military and the National Guard, students can choose from a range of different education benefits, including a one- time cash bonus of $5,0. Veterans Retraining Assistance Program (VRAP), which gives up to 1. Survivors & Dependents Assistance (DEA), which helps the spouses and children of deceased or disabled veterans pay for up to 4. If you're considering the G. I. Bill or other military programs to pay for college, the Veteran Administration's website is a good place to start, here. Scan the Internet for forums, like the one Kness runs as . Does the City of Detroit have any programs to help citizens pay their taxes? Programs Help Pay Drug Costs Authored By: Legal Hotline for Older Iowans Information. Taxes; Education; Health; Veterans' Issues; Pensions; Individual Rights; Self Help; Resources for New Iowans; Identity Theft. Concluding the Lesson. After students have completed Tax Tutorial-Payroll Taxes and Federal Income Tax Withholding and Simulation 1-Completing Form W-4, ask them whether they have questions about payroll taxes and income tax. Back Taxes Help - File, Settle, Pay and Resolve State and IRS back taxes. Find the best solution for your unique tax problem. Also, every school that accepts funding from the G. I. Bill must have someone on staff to administer it, and these employees often understand how federal and state benefits can combine to pay for more of your education. That debt often changes how young doctors think of their careers. Rashid, a dermatologist in Houston, Texas. They said, 'I have to make my money immediately because I've got so much loan debt.'. The corps' Loan Repayment Program offers up to $6. After two years, corps members can apply to re- up and earn even more money. Another 5. 24 current students are receiving scholarships from the corps; in return they will be expected to work in underserved communities upon graduation. Current students cannot necessarily depend on the corps to cover their loans, however. Rather, graduates must already be working at an approved health care site, or have a job offer to begin working at such a site within 6. This means that, rather than serving as a stepping- stone to more lucrative careers in medicine or mental health, the National Health Service Corps usually helps people who are committed to serving the poor for years to come. The loan repayment and scholarship program . For all this work he earned just barely enough to live on - - Duda and his fellow corps members pooled their meal stipends together to buy enough groceries to survive. He wound up using it towards his master's degree in public policy from Johns Hopkins University. But if used wisely, an Ameri. Corps education award could make a significant dent in students' college costs. Since the average tuition at community colleges is $2,9. American Association of Community Colleges. Many of those credits could be transferred to a four- year pubic university, where tuition averages $8,2. Meanwhile, the experience of being an Ameri. Corps member itself may be just as educational as college. The program includes a number of different volunteer programs, including NCCC and VISTA, which was created in 1. Peace Corps. About 8. Kate Enos, a spokeswoman for the Corporation for National and Community Service, which runs all three. But even given the modest living stipend and education award that comes with Ameri. Corps service, competition for those slots is fierce. Ameri. Corps received 5. Law School Loan Repayment Programs. After graduating from Yale Law School in 2. Kristen Jackson won a prestigious job clerking for a federal judge, followed by years working to protect immigrant children as an attorney for Public Counsel, a nonprofit law office in Los Angeles. But Jackson also graduated with $1. That translated to monthly payments of $9. Working at Public Counsel, which paid her $3. Jackson could not afford to both pay for school and follow the career path she loves. But thanks to Yale's generous Career Options Assistance Program (COAP), Jackson was able to work for years without paying a dime for her student loans. As her income rose, she gradually became responsible for an increased amount of her loan payments. In the end, Jackson figures COAP will have covered about half of her school debt. There would be no way I could afford it. The goal is to remove the pressure many graduates feel to take a job with large corporate firms, which often pay large salaries, just to make enough money to pay off their loans. Yale is famous for being especially generous, and for putting fewer limitations on who can qualify; any graduate who makes below a certain income can receive full or partial forgiveness for their law school loans (the amounts vary based on marital status and other factors.)That means Yale Law graduates are free to pursue whatever career path they want, whether it be as a lawyer, elementary school teacher or janitor. The program costs the school more than $3 million a year. Other schools handle this task differently. At New York University, for example, law school applicants can try out for Root- Tilden- Kern Public Interest Scholarships, which pay full tuition for three years of law school to top students who pursue careers in public service. Other students can apply for the school's Loan Repayment Assistance Program, which wipes clean their entire law school debt as long as they work in public interest law for ten years after graduation and earn salaries of less than $8. Christopher Maag is a contributing writer for Credit. E- File with Commercial Tax Prep Software. Espa. You can pay electronically, too. Doing Your Taxes. Gather your tax information and get commercial tax prep software. The software uses a question and answer format that makes doing taxes easier. You must sign your e- filed return electronically. You can sign using the Self- Select PIN or by using your prior- year Adjusted Gross Income. As part of the delivery process, IRS computers automatically check your return for mistakes. You can fix it and send it right back. This saves time and prevents a simple mistake from holding up your refund. Forms in the 1. 04. April for most taxpayers, but other forms have different due dates. To find out more, go to Payments. We offer several convenient, safe and secure ways to pay your taxes electronically, includinge- file and pay by authorizing an electronic funds withdrawal and get an acknowledgement as soon as we accept your paymentpay online or with your mobile device with Direct Pay for free and receive instant confirmation your payment was submittedpay online, by phone or with your mobile device using your debit or credit card for a fee charged by the card processormail a check or money order (made out to the United States Treasury) using Form 1. V, Payment Voucher. Getting Your Refund. Go to Where's My Refund? You'll need your SSN or Individual Taxpayer Identification Number, filing status and the exact whole dollar amount of your refund. Not sure you want to do your taxes yourself?
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