Military Scholarships

Helping Veterans & Their Families Achieve Their Educational Goals

Twice a year, as applications allow, we award two different veterans, servicemembers, or dependents of an active-duty servicemember a $1250 scholarship to help them pursue their education. While winners can use the money at any time of the year, regardless of whether classes are in session, the money can only be used towards tuition or textbook costs.

Why we created the scholarship:

At Low VA Rates, we believe owning a home is part of the American dream, and education is another important part. That's why we don't just stop at helping our heroes with housing. You deserve our support when it comes to preparing for your future, both inside and outside of the military.

How to apply:

We are currently accepting applications for our Spring 2024 scholarship. Applications must be submitted by December 31st, 2023 at midnight (Mountain Time).

In order to apply, you or the intended recipient must be currently enrolled in an accredited college or university. Additionally, you or the recipient must meet one of the following conditions:

  • Are retired or separated from service under honorable conditions
  • Are currently serving active duty in any branch of the Armed Forces
  • Are the depemdent of an active-duty servicemember serving in any branch of the Armed Forces

Family members or friends may apply on behalf of a servicemember or qualified dependent.

Apply Now

If you have any questions, you can email us at Just make sure to put "Military Scholarship" in the subject line.

Scholarship FAQs

Any current college students in the military may apply for this scholarship, with no age requirements. Young people with a mother or father serving in any branch of the U.S. Armed Forces are also eligible.

All applications for the 2024 Spring semester must be submitted by midnight on December 31st, 2023. The winning applicant will be announced no later than January 10th, 2024. Click any of the “Apply Now” buttons on this page to start your online application.

Yes. Family members or friends may nominate any qualified person; however, the online application must be completed in order to receive the reward. If family members want to keep their scholarship nomination secret from the nominee, they need to complete the online application for them.

Yes, you have to be a student to apply. Students can use the scholarship any time during the year, regardless of whether or not classes are in session. However, the $1,250 prize can only be put towards tuition or textbook costs at an accredited college or university.

Current Scholarship Winner

The winner for our most recent scholarship was selected from a variety of qualified entries. We hope your selection is able to help you achieve your educational goals!

Photo of our 2022 Fall Scholarship winner, Sarah Allen
Photo Credit: Fuzion Teen Center

Fall 2022 Scholarship Recipient

Sarah Allen

Sarah is a veteran who loves helping others—especially the teens in her community. She's been volunteering at the Fuzion Teen Center in Mooresville, NC, since it opened in 2018. Currently, Sarah is the center's Executive Director, a role that has led her to continue her education in order to better meet the needs of those she serves.

Though Sarah already holds a bachelor's degree in general studies, she has decided to enroll in the nonprofit management program at Liberty University. By learning more about financial management, grant writing, fundraising, and how to use social media effectively, Sarah hopes to build on and expand the work she's already done, such as establishing a trade workshop so the teens she works with can gain skills that will help pull them out of poverty.

In addition to her classes and her work with the Fuzion Teen Center, Sarah is also a disabled veteran who served in the United States Air Force from 1990-1995. She enlisted right as the Gulf War was starting and excelled at her military training. In addition to earning a below-the-zone promotion, Sarah also received the Angel Award for the volunteer work she did at a nearby hospital. She was medically retired after receiving a service-connected disability, but still looks back at her service with both fondness and pride.

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