Program to Help Veterans Save for their Kids' Education Extended
Thursday the State Treasurer announced the expansion of a program that helps veterans save for their children's futures.
The United Services Automobile Association, also known as USAA's Distinguished Valor Grant will now be available to all active duty military including Nevada National guardsmen and reservists.
The grant allows service members to open college savings plans for children under 13. The savings plan includes a $300 per year match and lifetime matching cap of $1,500.
State Treasurer Kate Marshall says the expanded program is part of an effort to help Nevada's military families. "Right now in Nevada if a military man comes here he can actually get his books and tuition paid for if he goes to a Nevada school. Now he will have an opportunity to save for college for his children too," Marshall explained.
To learn more about the program and apply, click here.