The State of Wisconsin is one of a very few states offering a variety of entitlement programs to veterans and their dependents. Some State benefits are as follows:
- Primary Mortgage Home Loan Program: for the purchase or building of a home. A favorable interest rate, generally below the market rate. Veteran may borrow up to 95% of the overall cost.
- Subsistence Aid Grant to help pay essential expenses when there is a loss of income due to illness, injury or death.
- Personal Loan Program: A loan of up to $15,000 with up to ten years to repay. The loan may be used to purchase a business, purchase a mobile home, consolidate debts, for education of the veteran, the veteran's spouse, and/or the veteran's children, and to pay medical and funeral expenses. The interest rate is based on gross family income and the type of security offered.
- Home Improvement Loan: Eligible veterans may borrow up to $25,000 with up to 15 years to repay. The loan may be used for a variety of additions, construction, repairs, and alterations of a veteran's principal residence as well as garage construction. HILP must be secured with a mortgage against the veteran's principal residence. There must be 10% equity in the property after the loan is made. Loans of $3,000 or less may be secured by a guarantor rather than a mortgage. The interest rate is generally below the market rate.
- Education Grants for tuition and fee reimbursement for recently discharged veterans; part-time enrollment study grants for veterans and eligible dependents; retraining grants for recently unemployed veterans with financial need.
- Health and Care Aid Grant that helps pay the cost of temporary medical expenses for veterans and their families who are unable to pay with their own resources.
- Veterans Assistance Program for homeless veterans or veterans at risk of becoming homeless
- Wisconsin Veterans' Home retirement and nursing care facility located in King, Wisconsin.
For more detailed information on these and other State veteran programs, visit the Wisconsin Department of Veterans' Affairs at http://dva.state.wi.us/
The Columbia County Department of Veterans' Services will gladly assist with applications for the above listed entitlements.
For a menu of printable State Benefit Brochures, Click Here
For more information please call (608) 742-9618 or submit email.