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Veterans United Foundation Celebrates 10 Years of Enhancing Lives
March 17, 2021 GMT
COLUMBIA, Mo. (BUSINESS WIRE) Mar 17, 2021
Veterans United Foundation is celebrating its 10 th anniversary in 2021 and the impact that Veterans United Home Loans employees have provided to communities across the country. Foundation staff is excited to preview big plans in store for the upcoming year, as sizeable donations will be awarded to military-based and community-centered charitable organizations in the Columbia area and throughout the United States.
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The Foundation was created in 2011 and is funded by more than 4,600 Veterans United Home Loans employees, Veterans United and its affiliated companies. Since its inception, more than $87 million has been donated to the Foundation, and officials expect the total to reach $100 million by the end of this calendar year. More than 90 percen
A brief history of the GI Bill Caitlin O Brien March 10 President Franklin Roosevelt signs what would become known as the GI Bill in his office June 22, 1944. (FDR Library Photo Collection) With its history of expansions and additions to benefits for service members and veterans, the GI bill has been a life-changing piece of legislation since it first passed in 1944. Today, the GI bill helps qualifying veterans pay for higher education and training programs. The original bill, the Servicemen’s Readjustment Act of 1944, expired in 1956, but the colloquial term “GI bill” refers to legislation that has created programs for veterans since then. The legislation was extended as the Montgomery GI bill and again in the form of the Post-9/11 GI bill.
Military Friendly ® status for the ninth consecutive year and is one of only 747 institutions nationwide to receive the designation for meeting university benchmarks in areas such as student retention, graduation and job placement in addition to maintaining good standing with federal programs such as the Post-9/11 GI Bill and Armed Forces Tuition Assistance Funding. This designation is for the 2021-2022 academic year.
“Alvernia’s continued Military Friendly® designation showcases our dedication to enhancing the student experience for our Military students and their families,” said Vice President for Enrollment and Student Experience
Mary-Alice Ozechoski. “Our military students are an important part of the fabric of our student body and we take pride in assisting them reach their academic and professional goals.”
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Representative Bobby Scott of Virginia, the Democratic chairman of the House education committee, told reporters on Friday that the rule requires that for-profit institutions “show some semblance of attraction to people.”
However, critics of the for-profits, which have at times been found to defraud prospective students about the kind of education they’d get, have long complained the 90-10 rule has a loophole the money service members and veterans use for their education through the GI Bill at for-profits is not counted as federal dollars.
Instead, the GI Bill dollars count toward helping for-profits meet the 10 percent minimum requirement. To advocacy groups like Veterans Education Success, that incentivizes for-profit institutions to aggressively try to get service members and veterans to enroll, and many of them have been defrauded.
Republicans call Lamont's budget a "multiple choice' budget. Also, expanding veteran benefits for those who were discharged because of "Don't Ask, Don't