The USCG, charged with protecting American waters, has a variety of Coast Guard financial assistance programs available to its men and women. From moving assistance to housing allowances, the United States Coast Guard makes sure that its people are taken care of. There are also programs that help members get favorable mortgages, survivor benefits, and pay for college.

One of the most popular Coast Guard financial assistance programs is the Montgomery GI Bill, which helps members who want to go to college pay for the expenses. This is actually a military-wide program, but is one of the main reasons that young people join the USCG. In addition, the USCG has a number of college loan programs designed to help those whose education expenses exceed what the GI Bill covers.

Utilizing Coast Guard Financial Assistance

After you have taken advantage of the education benefits the Coast Guard offers, and have moved into a successful career in the private sector, the next benefit you might want to take advantage of is the VA home loan program. This program helps you to get preferred terms on a home loan. Lower interest rates and flexible payment options are some of the features of this program.

It is simply amazing the work Coast Guard members do, risking their lives every day to ensure the safety of all Americans, and we as a nation have a responsibility to make sure they have all the tools they need in order to succeed once they have fulfilled their duty. Financial assistance is only one way to show our appreciation.