The Higher Education Act Technical Corrections Bill (H.R.1777) changed how federal student aid eligibility is determined for Veteran and ROTC students.
Among the provisions included in the bill is an updated definition of the term "Veterans Education Benefits".
- Previously, Veteran and ROTC Education Benefits were counted as part of a student's overall financial aid package. This legislation exempts these benefits, resulting in the potential for expanded eligibility for various types of federal financial aid programs including but not limited to the Supplemental Educational Opportunity Grant, Federal Work-study, and Federal Direct Student and Parent Loans.
- The ISU Office of Student Financial Aid takes this legislation into consideration when awarding financial aid to Veteran/ROTC students who file a FAFSA.
Veteran and ROTC Education Benefits will be considered when awarding institutional need based aid.
Veteran Students may be eligible for Veterans Educational Benefits.
For instructions regarding Veterans Benefits Eligibility under Chapters 30, 31, 33, 35, 1606, or 1607, contact the Veterans Center.
To be considered for financial aid beyond VA Benefits, the student must complete the FAFSA.
- The FAFSA should be filed between January 1 and March 1 every year for the student to be eligible for 'need' based priority financial aid.
- Students who file after March 1 may still be eligible for remaining financial aid funds.
If the student is currently on active military duty and plans to attend Iowa State University after their discharge, they must provide a photocopy of their DD-214 form to the Office of Student Financial Aid. This will document the student's veteran status and expedite the processing of the student's aid application.