The Student Veterans of America has been very active pursuing “for-profit” colleges that take advantage of veterans. The national organization publicly closed 40 SVA chapters after it was discovered the schools were using the organization solely as a marketing tool.
Now, there’s help for veteran students who have been misled and left with loan payments:
The Veterans’ Student Loan Relief Fund, a program administered by Scholarship America, was established to provide assistance to veterans who have incurred educational debt and feel they are in financial difficulties as a result of being defrauded or misled by the proprietary (for-profit) school they attended.
The Veterans’ Student Loan Relief Fund is open to veterans of all branches of the United States Armed Forces … who have attended proprietary (for-profit) schools at the undergraduate level.
If selected as a recipient of The Veterans’ Student Loan Relief Fund, the veteran will receive up to $5,000 to repay educational loans.
The Veterans’ Student Loan Relief Fund application requires a 250 personal statement about your educational goals and how you were defrauded. The application postmark deadline is August 11, 2012.