The total survivor benefit for these children is slightly more than $36,135 to be used for a college education. In today’s dollars, this benefit will pay little more than half of what a college education costs in the most affordable situation. This gap widens when considering the cost of a college education in the future. The most conservative estimate is that costs will increase by 5 percent per year, meaning that in 16 years, the most affordable college education will be $105,800. Military compensation will not keep up with these dramatic increases.
Frequently Asked Questions
Q. What is the Legion doing with the money collected?
A.
Each donation goes into the Legacy Scholarship trust fund, which earns
interest to be used for scholarships. Currently, the fund’s principal is
$4.8 million. In 2008, $36,000 in aid was distributed to students.
Q. What happens to the trust fund’s principal?
A.
The trust fund remains untouched and grows with each donation.
Scholarships are funded by the interest, which has awarded $191,970 in
aid since 2004.
Q. Where has the money gone so far?
A. Scholarships
grow in number and dollar amount each year. The first renewable
scholarship was worth $2,000 and awarded in 2004. A year later, three
$2,000 scholarships were given out. In 2006, six $5,000 scholarships
were granted. Eight were awarded a year later for $4,500, and the
scholarship number grew to 11 – $3,720 each – in 2008. Sixteen
recipients each received $2,250 in 2009. in 2010, $46,000 in awards weer
distributed in this manner: 10 scholarships at $4,000 each, and three
scholarships at $2,000 each. In all, $191,970 has been granted.
Q. Who decides who gets scholarships and how much is awarded?
A.
The national treasurer, with the National Finance Commission’s
approval, determines the interest amount available for scholarship
funding. By resolution, the National Americanism Commission is empowered
to establish further rules, regulations and guidelines for the
selection and awarding of scholarships with emphasis on financial need,
leadership, scholarship and citizenship. The National Americanism
Commission has delegated these duties to the National Committee on
Education, which implements the scholarship program.
Q. If an active-duty servicemember is home and is killed outside of war, is his or her child still eligible for the scholarship?
A.
The same rules always apply. The deceased parent must have been on
active duty with the U.S. military or National Guard, or as a
federalized reservist. The place of death is irrelevant, provided that
the death happened on or after Sept. 11, 2001.
Q. Will we get a report on how scholarships are being used?
A.
During May meetings, the National Committee on Education reports to the
National Americanism Commission about the scholarship recipients and
status of the program. The report is included in the National
Americanism Commission’s report to the National Executive Committee. A
separate copy of the report is sent to each department and posted on the
American Legion Riders Web site.
Q. Say a soldier dies when his daughter is 2 years old. She won’t
go to college for 15 years. Is that money being put away for her?
A.
The money is in the trust, but she has to apply for her scholarship
when she is a senior in high school. The number of eligible applicants
and money available will determine the scholarship amount.
Q. How much do we need to raise?
A. Obviously, the
more money the fund has, the more interest it will accrue for
scholarships. If there was enough money in the principal, full college
scholarships could be awarded each year. Unfortunately, that day is far
off. It is thought that eventually a minimum of $20 million will be
needed to meet the expected need for scholarships.
Q. Will someone be contacting these children, or will they have to find the scholarship on their own?
A.
Ideally, the names and addresses of children who lost a parent would be
readily available. Unfortunately, that isn’t possible. The scholarship
information is contained in the Legion’s “Need a Lift?” publication,
which lists scholarships, grants and loans available for veterans and
their children. The information is on the Legion’s Web site, and
booklets are distributed annually to public and private high schools
across the nation. A representative from a local Legion post should be
able to provide the family with the scholarship information and other
benefit information at the time of the servicemember’s death.
Q. How many times can a student apply?
A.
Students can reapply for the scholarship up to six years maximum. A
waive can be obtained if the student is the National Guard or reserves
and is activated. A waiver may also be obtained if the student embarks
on a church mission. The student must be full-time and continue making
adequate progress toward a degree.
Send all questions concerning the American Legion Legacy Run to Bill Sloan at wsloan@legion.org.