FINANCIAL ADVANTAGE
Additional Benefits For Michigan Veterans
As a Veteran in Michigan, you may qualify for valuable state and federal benefits that can improve your financial security, reduce education costs, and provide long-term support for you and your family. Understanding available Michigan disabled veteran benefits can help you maximize the compensation and resources you’ve earned through your service. The Michigan Veterans Affairs Agency (MVAA) and Department of Treasury administer many of these programs.
Tax Relief
Property Tax Exemptions for Veterans in Michigan
- Real property owned and used as a homestead by a qualifying disabled veteran (honorably discharged or released) or the veteran’s unremarried surviving spouse is fully exempt from property taxes.
- The exemption continues for the unremarried surviving spouse of a qualifying disabled veteran and applies to any property used and owned as a homestead by the surviving spouse, including property acquired after the veteran’s death.
Family Tuition Assistance
Education Benefits for Michigan Veterans
- Provides undergraduate tuition assistance to the natural or adopted children of qualified Michigan veterans who died as a result of military service, are totally and permanently disabled due to a service-connected condition, or are missing in action. Full-time students may receive up to $2,800 per academic year (up to a total of approximately $11,200 over four academic years). The veteran must have met Michigan residency criteria related to entry into or after service.
- Michigan also provides resources such as Troops to Teachers career transition assistance for eligible veterans seeking K-12 teaching careers and VetSuccess on Campus counseling at participating colleges.
Home Financing
Home Loan Benefits for Eligible Veterans
- Eligible veterans, service members, and surviving spouses can obtain VA-guaranteed home loans (often with no down payment required by the VA, competitive rates, limited closing costs, and no private mortgage insurance) for purchase, construction, improvement, or refinance of a primary residence through private lenders.
- Michigan operates state veteran homes that provide skilled nursing care in home-like settings across the state for eligible veterans. These facilities emphasize independence alongside professional care.