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If you’re a veteran searching for extra money or ways to stretch your benefits, you’re not alone.
The good news? There are real, earned programs that offer financial help to veterans through the VA, your state, and trusted nonprofits.
In this guide, we’ll reveal and explain 7 proven ways to get extra money as a veteran, including how to increase your VA compensation, claim dependents, apply for grants, and access overlooked state and nonprofit programs.
Let’s explore the opportunities you’ve earned.
Table of Contents
Summary of Key Points
- You can file for an increased VA rating if your service-connected condition has worsened or led to a secondary condition.
- Boost your financial stability by exploring veteran-specific grants, state programs, and flexible income opportunities alongside your VA benefits.
- Learning how to get more money from the VA starts with understanding which benefits you qualify for and making sure you’re not leaving any compensation on the table.
7 Practical Ways to Get Extra Money
1. Increase Your VA Disability Compensation
One of the most direct ways to get extra money as a veteran is to increase your VA disability rating.
While it’s easier said than done, you may be eligible for a higher VA rating if your service-connected condition has worsened or you have new secondary conditions.
For example, suppose your service-connected chronic back pain has led to depression or sleep issues. In that case, you may be able to file a secondary claim and potentially increase your overall VA disability rating and your monthly compensation.
You’ll still need to file a new VA claim, which you can do online at VA.gov. You won’t get an increased VA rating unless the VA approves your claim.
Pro Tip: Always back up your VA claim with strong medical evidence and, if possible, a nexus letter from a qualified provider.
Related Post: 8 Ways to Increase Your VA Disability Rating
2. Add Eligible Dependents to Your VA Benefits
If you have a spouse, children, or dependent parents and haven’t added them to your VA claim, you could be missing out on hundreds of dollars each month.
A VA dependent is an immediate family member who relies on you financially, and once officially recognized by the VA, they can increase your monthly disability compensation.
Related Post: Who Qualifies as a VA Dependent?
3. Apply for Grants and Scholarships
Eligible veterans can apply for grants and scholarships to help cover tuition, housing, books, emergency expenses, or training, including:
Not in school? There are also housing assistance grants, utility bill help, and childcare support programs for veterans with financial need.
Pro Tip: Always check application deadlines and eligibility requirements, as some programs have specific qualifications.
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Did You Know? There are also several high-value scholarships available for dependents of disabled veterans.
4. Take Advantage of Veteran Freebies and Discounts
One easy way to save money is to stop spending it when you don’t have to.
Veterans are eligible for a wide range of military discounts, freebies, and exclusive offers from businesses throughout the year.
Some examples include:
- Retail discounts at stores like Home Depot, Lowe’s, and Under Armour
- Free admission to national parks, museums, and more
You may also be eligible for free or discounted legal assistance, travel benefits, and educational resources through various nonprofit organizations and state programs.
5. Take Advantage of State-Level Veteran Benefits
Many states offer additional financial benefits for veterans that go beyond what the VA provides.
These can include:
- Property tax exemptions
- Tuition waivers or education grants
- Cash bonus payments for service
- Housing assistance
- State-funded healthcare programs
In some cases, these programs can save you thousands of dollars each year or provide the support you need during a tough time.
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See More: Best Veteran Benefits by State
6. Apply for a VA Hardship Payment
The VA offers temporary financial relief through financial hardship assistance for eligible veterans. Examples include:
- You lost your job
- You have a sudden decrease in income
- You have an increase in out-of-pocket family health care expenses
You’ll need to complete VA Form 5655 and show proof of your financial hardship. VA Form 5655 requests information such as your average monthly income, assets, debts, and average monthly expenses.
7. Explore New Part-Time or Full-Time Income Opportunities
Still asking, “How can a veteran make money?”
Consider new work opportunities or side gigs that fit your schedule, skill set, and physical abilities. Many companies offer flexible, remote-friendly jobs that are ideal for veterans.
Some popular options include:
- Remote customer service or virtual assistant jobs
- Freelance writing, design, or consulting
- Tutoring or mentoring (especially through veteran programs)
- VA-supported self-employment programs and entrepreneurship training opportunities
Beyond side hustles or freelance work, you can also earn extra income by renting out a spare room, investing in veteran-friendly franchises, or participating in research studies, which may sometimes offer compensation.
Related: 32 of the Best Jobs for Veterans, 8 Great Remote Jobs for Veterans
Pro Tip: Always vet any company thoroughly before investing your time or money. If it sounds too good to be true, it probably is.
Conclusion
If you’re a veteran looking for extra money or ways to boost your monthly income, you’re not alone (and you’re not out of options).
From increasing your VA rating to applying for grants, scholarships, or state-level benefits, there are smart, legitimate ways to improve your financial well-being. The key is knowing what’s available and taking action.
Exploring all your options may enable you to tap into all of the benefits you’ve earned and ensure you’re not leaving any money on the table.
(FAQs) Frequently Asked Questions
What free stuff can veterans get?
Veterans can get a variety of free benefits, including meals on Veterans Day, access to national parks, legal assistance, and tax preparation services. Many museums, events, and healthcare providers also offer free admission or services year-round. These perks vary by location, so it’s worth checking with local businesses and veteran organizations on a regular basis.
What is a VA hardship payment?
A VA hardship payment is a financial relief option offered by the VA for veterans facing emergencies, such as eviction, utility shutoffs, or medical expenses. It may include debt deferment or expedited claims processing.
Can the VA help me financially?
Yes, the VA can help through disability compensation, hardship programs, housing grants, education benefits, and vocational support.
How can a veteran make money?
Veterans can make money by filing for an increase in disability pay, applying for grants or scholarships, and starting part-time work or side hustles. Many also take advantage of education benefits or veteran-focused job programs.
Are there programs that give free money to veterans?
Yes. Scholarships, grants, housing assistance, and nonprofit programs often provide free financial support that doesn’t require repayment.
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Author
Kelly Olone
Kelly Olone is a military spouse who earned her degree in Psychology from Florida International University. After working in the non-profit sector for several years, she turned to her passion for writing. She aims to contribute to a better understanding of the valuable benefits that veterans deserve. As a mom, Kelly navigates the delicate balance between deadlines and bedtime stories with finesse.
