FINANCIAL ADVANTAGE
Additional Benefits For Ohio Veterans
As a Veteran in Ohio, 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 Ohio disabled veteran benefits can help you maximize the compensation and resources you’ve earned through your service. The Ohio Department of Veterans Services (DVS), Department of Taxation, and related agencies administer many of these programs. Military retirement pay, military disability pay, and VA Dependency and Indemnity Compensation (DIC) are not taxed by the state.
Tax Relief
Property Tax Exemptions for Veterans in Ohio
- Qualifying disabled veterans or their surviving spouses may receive a reduction in property taxes equal to the taxes that would otherwise be charged on up to $50,000 of the market/true value of their principal residence (and up to one acre of land). There is no income test for this enhanced exemption. The reduction applies to only one homestead.
- Unremarried surviving spouses of qualifying disabled veterans may continue to receive the enhanced homestead exemption reduction on the principal residence.
Family Tuition Assistance
Education Benefits for Ohio Veterans
- Qualifying veterans and certain dependents may receive in-state tuition rates at Ohio public institutions. The standard 12-month residency requirement is waived if the veteran/dependent resides in Ohio as of the first day of enrollment (documented via DD-214 and related proof).
- Current Ohio Army and Air National Guard members in good standing may receive coverage of 100% of tuition for courses leading to an associate or bachelor’s degree or certain other programs (up to 96 units/credits depending on enlistment length).
- Additional opportunities include the Ohio War Orphans and Severely Disabled Veterans’ Children Scholarship (covering tuition/fees for eligible children of veterans with qualifying disability ratings or KIA/POW/MIA status).
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, repair, or refinance of a primary residence through private lenders.
- The Ohio Department of Veterans Services operates state veterans homes in Sandusky (historic facility offering nursing and related care) and Georgetown (nursing home with standard and memory care levels). These facilities provide long-term care for eligible wartime/honorably discharged veterans.