Financial Assistance

Military and Family Readiness Center

 The Financial Readiness Program’s mission is to provide financial literacy training and education, personal financial counseling, and Information and Referral services to assist service members and families in developing skills and strategies to fulfill their financial obligations, meet their financial goals, and maintain their financial and mission readiness. During a personalized session, our Financial Readiness Program counselors will review your relevant documents, provide you with an individualized assessment, and work with you to develop a personalized spending plan based on SMART goals.

Common Military Training Topics:

• Continuation Pay
• Divorce
• Marriage
• PCS
• Promotion

Ancillary Training Group Session Topics:

• Blended Retirement System
• Credit Management
• Emergency Financial Preparedness
• Home Buying
• Planning for Your Financial Future
• Saving and Investing
• Tax Preparations
• Thrift Savings Plan

Financial and Money Management Personalized Session Topics:

• Banking, Credit, and Debt Management Strategies
• Budgeting
• Consumer Decisions
• Evaluating Financial Planning
• Financing Education Goals
• Insurance Needs
• Investing
• Financial Record Keeping
• Major Purchases
• Preparing for Transition
• Retirement planning (BRS, lump sum, TSP, and SBP)
• Savings (emergencies, periodic expenses, and long-term goals)
• Tax Considerations

• Predatory Lending and Practices, including those prohibited in the Service members Civil Relief Act and the Military Lending Act

The Financial Readiness Program can provide support through referrals to the Air Force Aid Society (AFAS). Air Force Aid loans can be approved for emergency funds assistance and are offered as a 0% interest loan paid back by military allotment. AFAS is private, nonprofit organization established to help Airmen and their Families in emergency financial situations due to no fault of their own.

AFAS can assist with:

• Food
• Rent/Utilities
• Emergency transportation & vehicle repair
• Funeral expenses
• Medical/dental expenses
• Other emergency financial needs

AFAS partners with other military aid societies to enable local assistance for service members from the Air Force, Navy, Marine Corps, and Coast Guard. AFAS also provides scholarships. Contact M&FRC if you have questions regarding the application process of Air Force Aid. M&FRC is in building 755 room 129, DSN 315-782-5644.