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Small Pay Raise For Military in 2016

President Obama and Congress have approved an average of 1.3% annual raise to federal employees including both military and civilian.  This raise will be the largest cost-of-living increase for federal employees since 2010.  In 2011, 2012 and 2013 these employees had all raises suspended due the pay freeze during that time.  It’s worth noting though, that the military raise typically mirrors the increase in the Civilian Employment Cost Index (ECI) if not slightly exceed it.  Continue Reading

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5 Costly Mistakes to Avoid When Filling Out the FAFSA

By Reyna Gobel
Contributor to Forbes

Filling out the Free Application for Federal Student Aid (FAFSA) is the single most important thing most families can do to get last-minute college funding help.  That’s why over 20 million people filled it out last year. However, there are big mistakes families can make that can cost them oodles of money. Continue Reading

Tips on Preparing for Military Transition From a Marine Veteran

Military Spouses: A Scholarship Is Waiting for You

By Marty McKee
Editor, In Military Education

You’re the spouse of a servicemember, and you’re considering going to college (or going back to college). But how do you pay for it?

As it turns out, there are lots of ways to help pay the freight that won’t come out of your back pocket. Scholarships to help military spouses pay for school are all over the place…that is, if you know where to look. Continue Reading

Tips on Preparing for Military Transition From a Marine Veteran

5 Books Every Veteran Should Read Before Starting a Business

By Aaron Saari
Special to In Military Education – Military1.com

Okay, time to talk tools. I’ve seen articles all over the internet discussing the qualities that make veterans great business owners (I’ve even written some myself). But the question I hear the most is, “Where do I start?” Good entrepreneurs know self-education is a crucial cornerstone of their success. Continue Reading

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If You're a Student, You May Be Eligible for a $2,500 Tax Credit

By Troy Onink
Contributor to Forbes

Taxpayers who paid qualified college tuition and fee expenses in 2014 may be able to claim the American Opportunity Tax Credit (AOTC) worth up to $2,500 per eligible child. Despite repeated calls for simplifying education tax incentives, frequent legislation submitted in Congress and ongoing confusion between taxpayers and the IRS about how and when to claim the various education tax credits, no one has succeeded in simplifying the mess, yet. The good news? The credit is available through 2017. That means $10,000 of tax savings per child in the next four years. Following are the rules to claim the credit properly, with links to the forms and instructions.

Tips on Preparing for Military Transition From a Marine Veteran

Black Friday: Tips from a Seasoned Shopper

By Liam M. Truchard
The Press-Enterprise (Riverside, Calif.)

It can be treacherous, confusing, and even slightly dangerous to go shopping on Thanksgiving and Black Friday.

The number of sales seem overwhelming…was that a Black Friday bargain or a Shop Local deal or, for gosh sakes, web only!?!

Deep breath. Trust me, we can do this. Here are some strategies from a savvy holiday-week shopper:

KNOW WHAT YOU WANT

Not as silly as it sounds. Continue Reading

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