Distinguished Valor Matching Grant Program

By: Staff Email
By: Staff Email

RENO, NV - Nevada is teaming up with USAA to help military families plan for their children's future. State Treasurer Kate Marshal unveiled Nevada is teaming up with USAA to help military families plan for their children's future. State Treasurer Kate Marshal unveiled the Distinguished Valor matching grant program at a press conference Thursday morning. The plan provides matching funds for active military families with a college savings plan through USAA.

Participants can earn up to $300 per year towards their child's education for a maximum of $1,500 per child. To qualify, families must have an adjusted gross income less than $75,000 per year, and the child must be under 13-years-old. Marshal estimates about 6,000 military families in Nevada qualify for the program.

If the child chooses not to go to college, the funds can be transferred to another family member. Additional taxes will apply if the money is not used for tuition. For more information about the Distinguished Valor program please click on the link below. at a press conference Thursday morning. The plan provides matching funds for active military families with a college savings plan through USAA.

Participants can earn up to $300 per year towards their child's education for a maximum of $1,500 per child. To qualify, families must have an adjusted gross income less than $75,000 per year, and the child must be under 13-years-old. Marshal estimates about 6,000 military families in Nevada qualify for the program.

If the child chooses not to go to college, the funds can be transferred to another family member. Additional taxes will apply if the money is not used for tuition. For more information about the Distinguished Valor program please click on the link below.


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