This is not the application process for new applicants.
The renewal process starts in January. An email will be sent to students in early January detailing the renewal process. The Online Renewal Form must be completed and submitted by Noon EST March 1, 2019. Please make sure all the information shown in the online renewal form is accurate.
Please read the renewal letter carefully and send in the official transcript showing coursework through Fall 2018 by March 31, 2019. The transcript should be sent to:
Educational Assistance Program of MOAA
909 North Washington St., Suite 300
Alexandria, VA 22314
Please note: If your bank information has changed, please download the Deposit Authorization Form here and mail it to the renewal address above. (To download the form, you must either have or install the free Adobe Acrobat Reader.)
Failure to renew will result in the student being removed from the program and placed into repayment status.
The loan is given in two disbursements each year -- one in early August and the second in early-December. The money is electronically deposited into a bank account of your choice. If your bank account information has changed, please download the Deposit Authorization Form here. If you have misplaced the form, you can download the form by clicking on the link above. (To download the form, you must either have or install the free Adobe Acrobat Reader.)
The total amount of the loan for the 2019-2020 school year is $7,000.
Grade Point Average (GPA) Requirements
Students must remain in good standing with their university in order to stay in the program. For most academic institutions, good standing is a 2.0 GPA or above. A 3.0 GPA is required to apply, but it is not required to maintain a loan unless the school considers probation to be less than a 3.0 GPA.
There are two types of grants students can receive while in the program: Senior Grants and Designated Scholarships.
Senior Grants - Students who have been in our program for at least one year receiving interest-free loans and who will be rising Seniors for the school year of the renewal period are invited to compete for one of our Senior Grants. Along with the online renewal reminder, juniors will be emailed an invitation to complete a Senior Grant online application in January. The Senior Grant will replace the interest-free loan for the student’s senior year. If a student receives a Senior Grant, they will not be eligible for further Educational Assistance benefits. Those who apply but are not selected for a Senior Grant are eligible for the interest-free loan, provided they follow and complete the renewal process.
Designated Scholarships are awarded in July of each year. Students are automatically considered and notified if selected. MOAA does not send a notice if a student is not selected. A student receives this in conjunction with the loan. The award is a $6,500 interest-free loan and a $500 grant, which takes the place of the $7,000 interest free loan. Students selected are responsible for writing their donors and thanking them for the award. Specific donor contact information can be found by e-mailing firstname.lastname@example.org.
Leave of Absence
If a student leaves school for any amount of time or for any reason, that student must contact MOAA by calling (800) 234-6622, or by e-mailing email@example.com to discuss his or her loan status.