USAA Distinguished Valor Matching Grant
The USAA Distinguished Valor Matching Grant, first introduced by Nevada State Treasurer Kate Marshall in January 2011, was originally for families of recent Purple Heart recipients living in Nevada. The program is now also available to all Active Reservists, Active Guardsmen, and Nevada National Guard members who meet the eligibility requirements.”
“The program is currently only available to Nevada residents who open a USAA 529 College Savings Plan account. Eligible participants can earn up to $300 per year in matching grant funding, with a lifetime maximum benefit of $1,500. There are two levels of eligibility:
Category A- Active Duty Military
- Includes Active Reserves, Active Guardsmen, or Nevada National Guard with household AGI of less than $75,000.
- Available for the children of Active Duty Members who are under the age of 13.
Category B- Purple Heart Recipients (Wounded Warriors & Fallen Soldiers)
- Recipient of a Purple Heart in either Operation Enduring Freedom or Iraqi Freedom (service beginning October 7, 2001 and ending August 31, 2010).
- The designated beneficiary must be a child or the spouse of the Purple Heart Recipient.”
The website is www.usaa.com/matchinggrant
Contact Troy Watts if you have any other questions about the program.
Troy Watts, Marketing Coordinator
Office of the State Treasurer - South
555 E. Washington Avenue, Suite 4600
Las Vegas, NV 89101
Phone: (702) 486-3817
Fax: (702) 486-3246