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Financial Help for Military Families Available Amid Coronavirus


Financial Assistance for Military Members

The coronavirus is rapidly moving through the spine of humanity, crippling economies worldwide. In United States, businesses are shutting down, grocery stores are running empty, and basic necessities aren't always available during this time of need. Recently, the Department of Defense set a travel ban on military personnel and their family members.


If you are service member, there are certain financial assistance available to help you get by during this time of uncertainty. Army Emergency Relief, Air Force Aid Society, Navy-Marine Corps Relief Society & Coast Guard Mutual Assistance - offer relief in the form of grants or zero-interest loans.


United in The State of Emergency

Army Emergency Relief provides relief for a wide-range of needs. They are unique and reviewed on a case-by-case basis. With over 24 categories of financial assistance, you can get funds for things such as rent, mortgage, child-care and more. See here.


Air Force Aid Society provides emergency assistance to Airmen and Air Force families when unexpected financial emergencies arise with no-interest loans and grants that provide financial services for the Air Force, Airmen and families. See Emergency Assistance


Navy-Marine Corps Relief Society provides financial assistance to members of the Naval Service of the United States, eligible family members. Quick Assist Loan (QAL) is given for an emergency financial situation. Active duty Sailors and Marines must apply in person and the process takes about 20 minutes. If eligible, you may receive a check for an interest-free loan for any amount up to $500. See here


Coast Guard Mutual Assistance is offering loans up to $6,000 for loss of pay by a spouse; child care needs due to school closures; and costs while quarantined. Request for assistance can be done online, for those who can’t or don’t want to come on base. Coast Guard members can fill out the form on the webpage. See Covid-19 Assistance


Sources:

https://www.armyemergencyrelief.org/assistance/

https://afas.org/how-we-help/emergency-assistance/

https://www.nmcrs.org/pages/quick-assist-loan-qal

https://www.cgmahq.org/homePage/CORONAVIRUS.pdf


#military #financialassistance

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