FINANCIAL ADVANTAGE
Additional Benefits For California Veterans
As a Veteran in California, you have access to benefits that can have a significant impact on your financial future.
Tax Relief
Property Tax Exemptions for Veterans in California
- This California veteran tax benefits offers eligible residents a property-tax exemption of up to $4,000 at the time of this writing for qualifying properties. Those currently serving, those honorably discharged, the unmarried surviving spouse of a qualifying service member or the parent of a deceased qualifying veteran may be able to take advantage of this tax benefit.
- There is also a property tax exemption for qualifying disabled veterans and/or qualifying spouses. This benefit includes a “basic” $100,000 exemption, plus a “low-income” version. To qualify, veterans must suffer from conditions that include but may not be limited to blindness in both eyes, loss of two or more limbs or a VA-rated total disability condition. These conditions must be as a result of military service.
Tuition Waiver
Education Benefits for California Veterans
- California offers a benefit called the College Fee Waiver for Veteran Dependents which waives mandatory tuition and fees at any State of California Community College, California State University, or University of California campus.
Home Financing
Home Loan Benefits for Eligible Veterans
- CalVets offers eligible veterans home loans and farm loans as direct, “manually underwritten” mortgages. These loans are offered from the State of California, and do not have a California residency requirement, so you do not have to be a resident of the state, or list California as your home of record in your military paperwork.