But you likely have a number of questions, like what is an AER Loan? Do you have to actually be in this branch of the service to qualify for one? How does an Army Emergency Relief Loan work? What can the funds of such a loan go toward? What does not qualify as a financial emergency? But if you’re in the midst of a financial crisis, you may feel like the dilemma is beyond your paygrade to figure out all on your own.Īn Army Emergency Relief (AER) Loan may be able to help. To connect with a PFC, call 61, 21 or 61.What the AER Loan Application Process is Like and Who QualifiesĪs an active-duty soldier or service member, you have the aptitude, intelligence and temperament to effectively handle stressful situations that most people will never encounter, let alone solve. Minnesota National Guard Personal Financial Counselors - PFCs can provide financial counseling for service members and families. US and MN tax deadline extension for 90 days. IRS and MN Coronavirus Tax Relief - Taxpayers, businesses and others affected by COVID-19. Emergency assistance is offered by appointment only. The Salvation Army - Social services offices will remain open to provide emergency financial assistance for rent, utilities, and transportation, as resources allow. Small Business Assistance Loans - MN small businesses are now eligible for SBA disaster loans. USA Cares - For Post 9/11 service members, veterans and families. and the Governor has suspended all evictions in the state. The President has ordered foreclosures and evictions to cease for 60 days across the U.S.

Please call your creditor if you are unable to make your payment due to loss of hours due to COVID-19. Mortgage and Auto Payment Help - Many lenders are working with those that are impacted to help them with their monthly mortgage and auto payments. Minnesota Military Family Foundation - Offers service members emergency financial grants. Minnesota Unemployment - Available to assist those who have been laid off, had reduced hours, or have had their employment otherwise impacted due to COVID-19. NOW ACCEPTING NON-ACTIVATED GUARD AND RESERVE EXPERIENCING HARDSHIP DUE TO CANCELLED DEPLOYMENT ORDER OR TRAVEL BAN. No interest loans and grants for emergency financial aid and scholarships. Visit for more information and to apply.Īrmy Emergency Relief - For Active, Retired and Reserve Army and Families.

All of the grants are awarded on a first come, first serve basis, and the amount of grants awarded is limited to the length of existing funding. These programs can close at any time without notice due to the exhaustion of approved funding. COVID-19 Specific Programs have been activated specifically in response to mitigate the economic effects COVID-19 is having on our Veterans and their families.

On March 26, 2020, the Minnesota State Legislature voted to fund a special appropriation to assist Veterans who may be financially impacted by the COVID-19 pandemic. Attached is the formal announcement for and application of a resource available to assist National Guard Soldiers/Airmen who have a financial emergency due to COVID-19. Grant funds are available to current and former members of the National Guard, enlisted or officer, who demonstrate the loss of their primary income or employment, or a financial emergency directly related to the COVID-19 pandemic. We Care for America Foundation COVID Financial Relief.

Army aer loan rules