Veteran in kitchen holding son up in the air overhead

Financial Resources Available For Veterans

Arizona Federal Staff

We owe the strength and security of our country to our heroic veterans. These brave men and women sacrifice the comforts of home, time with family and often their physical well-being to protect us. Unfortunately, though, many veterans are struggling to make ends meet and to support their families.

If you are a veteran, you likely already know about VA loans, which are no-money-down home loans just for veterans. But did you know there are many other ways the government and charitable organizations can help you get back on your feet?

Here’s a list of financial resources created especially for veterans. Having served our country, you deserve all this and more.

USA Cares Emergency Assistance Program 
If you’re a retired service person who is struggling to cover your basic monthly bills, including rent and utilities, you may be eligible for a grant from this organization. The exact amount awarded varies with each case, but the average grant size is $650. You can apply for a grant here.

The American Legion Temporary Financial Assistance 
This organization helps veterans who are also parents of young children to create a stable home life for their families. It offers cash grants to help qualifying veterans pay for expenses like housing, utilities, food and medical costs. You can read up on the eligibility requirements and apply for a grant here.

Operation Family Fund 
Veterans who were severely disabled while serving in Operation Enduring and Iraqi Freedom may be eligible for grants to help cover their medical bills, emergency transportation, vehicle repair and housing. Review the eligibility requirements and apply for a grant here.

Coalition to Salute America’s Heroes
This organization provides financial assistance to veterans who were severely wounded while serving in Iraq and Afghanistan. Click here to apply for assistance.

U.S. Department of Veterans Affairs Aid & Attendance and Housebound Assistance 
If you are a veteran receiving a VA pension, you may be eligible to increase your monthly amount through Aid & Attendance and Housebound Assistance. If you are bedridden or you need the services of an aide to help you with everyday activities, you can apply for assistance here.

Operation First Response
This organization offers financial assistance for wounded veterans and their families while they are in the midst of the VA claim process, which can stretch on for a year or more. Qualifying veterans can use the funds to cover immediate needs like housing, transportation, utilities, groceries, clothing and more. You can review the eligibility requirements and apply for assistance here.

Hope for the Warriors
The mission of this noble organization is to enhance the quality of life for members of the military and their families who have been affected by physical injuries or death in the line of duty. Its programs include financial assistance for immediate needs, as well as a special “Warrior’s Wish” program for families. Click here to apply.

Operation Homefront
This wonderful organization provides financial assistance for the immediate family members of the wounded, ill, injured or deployed. Exact criteria for assistance varies by location. For more information click here.

Semper Fi Fund
The Semper Fi Fund (SFF) provides financial relief for any needs that may arise during the hospitalization and recovery of a service member due to an injury sustained while serving in the line of duty. Programs under the SFF include Service Member and Family Support, Specialized & Adaptive Equipment, Adaptive Housing, Adaptive Transportation, Education and Career Transition Assistance, Therapeutic Arts and Team Semper Fi.  Assistance is available for all post 9-11 Marines and sailors, as well as members of the Army, Air Force or Coast Guard who serve in support of Marine forces. Apply here.

If you or anyone you know is an active or retired service member who is struggling to make ends meet, don’t hesitate to ask for help. Use the resources listed above, and stop by Arizona Federal Credit Union for a financial consultation. 

Arizona Federal is part of the Veterans Benefits Banking Program (VBBP) developed by the Department of Veterans Affairs and the Veterans Benefits Administration. The purpose of the program is to provide veterans and their families with secure ways to electronically receive VA benefits, manage their monetary benefits and reduce the number of fraud cases.

Your Turn: Have we missed any major financial resources for veterans? Let us know in the comments.