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Editors Topics
| Buy a House or Start a College Fund Buy a House or Start a College Fund? Questions like these – among a boat load of others – are starting to weigh on the minds of today's Baby-Boomers who like us, either feel guilty for not having started a coll [ ... ] |
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Home Improvement & Remodeling
The Home Improvement Energy Tax Credit Ends December 31
Homeowners have been making a mad dash to local home improvement stores to take advantage of the tax credit for home improvements. What qualifies for the program...
Read about the program
Credit & Financial Matters
How is your credit score calculated?
A Short Review of How your Credit Score is Calculated
The Fair Credit Reporting System and Accurate Transaction Act developed a formula that will rate every credit consumer’s spending history with a personal Credit Score.
Use your GI Bill
This new benefit will cover the full cost of education at any public school in the country and many private schools. To qualify for the benefits, a veteran has to have served at least 90 days of active duty post-9/11 and have remaining entitlement. Only post-9/11 active duty service counts toward this benefit. Any remaining Chapter 30 or 1607 entitlement can be converted into this new education benefit. There is no requirement to buy in to qualify, and the benefits last for 15 years after separation. This benefit discards the outdated benefits system and replaces it with a WWII style GI bill that provides upfront tuition payments directly to the school, and provides a book/supply stipend of $1,000 per year and a monthly living stipend. The tuition payments can be used at any public or private school but are capped at the cost of the most expensive public school in the state. However, more expensive private schools offering a veterans-only scholarship will see that scholarship matched dollar for dollar up to the full cost of tuition. Click here for more information.
Veterans Affairs
The Survivor's and Dependents' Educational Assistance (DEA) program provides education and training opportunities to eligible dependents of certain veterans. The program offers up to 45 months of education benefits. These benefits may be used for degree and certificate programs, apprenticeship, and on-the-job training. If you are a spouse, you may take a correspondence course. Remedial, deficiency, and refresher courses may be approved under certain circumstances.
To be eligible, you must be the son, daughter, or spouse of:
- A veteran who died or is permanently and totally disabled as the result of a service-connected disability. The disability must arise out of active service in the Armed Forces.
- A veteran who died from any cause while such service-connected disability was in existence.
- A service member missing in action or captured in line of duty by a hostile force.
- A service member forcibly detained or interned in line of duty by a foreign government or power.
* Eligibility Update: Eligibility requirements have been expanded to cover a spouse or child of a person who:
VA determines has a service-connected permanent and total disability; and at the time of VA's determination is a member of the Armed Forces who is hospitalized or receiving outpatient medical care, services, or treatment; and is likely to be discharged or released from service for this service-connected disability.
If you are a son or daughter and wish to receive benefits for attending school or job training, you must be between the ages of 18 and 26. In certain instances, it is possible to begin before age 18 and to continue after age 26. Marriage is not a bar to this benefit. If you are in the Armed Forces, you may not receive this benefit while on active duty. To pursue training after military service, your discharge must not be under dishonorable conditions. VA can extend your period of eligibility by the number of months and days equal to the time spent on active duty. This extension cannot go beyond your 31st birthday.
If you are a spouse, benefits end 10 years from the date VA finds you eligible or from the date of death of the veteran. You should make sure that your selected program is approved for VA training. If you are not clear on this point, VA will inform you and the school or company about the requirements.
Obtain and complete VA Form 22-5490, Application for Survivors' and Dependents' Educational Assistance. Send it to the VA regional office with jurisdiction over the State where you will train. If you are a son or daughter, under legal age, a parent or guardian must sign the application.
If you have started training, take your application to your school or employer. Ask them to complete VA Form 22-1999, Enrollment Certification, and send both forms to VA. For additional information see Survivors' and Dependents' Educational Assistance Program -Pamphlet or contact your local VA Regional Office for additional assistance by dialing toll-free, 1-888-442-4551.
Questions about Veteran or Service member benefits? Contact us - we're happy to help!
Neighborhoods & New Home Communities
| A Glance at the Aldine Area in North Houston Aldine, Texas Area Community Centers Melrose Community Center - 1001 Canino Road, Houston, TX - (281) 447-051 Empowerment Community Center - 8333 Sweetwater Lane Houston, TX, (281) 591-8800 [ ... ] |
Construction Underway On Highland Homes Model In West Ranch Construction is underway for Highland Homes’ new model in West Ranch, Friendswood Development Company’s master-planned community located just off FM 518 in the exemplary rated Friendswood Independent School District. The [ ... ] | Other Articles | ||

Part of being a responsible homeowner is learning how to care for your home - after all, it's the biggest investment you'll make in a lifetime and the quickest way to build wealth. From minor repairs to upgrading your windows – we're going to explore your options.

