Military Students and Dependents

Military students and dependents applying for Financial Aid will need to report any military untaxed benefits (housing allowance, cost of living allowance, etc.) on their FAFSA and provide documentation of untaxed income or benefits to the Olympic College Financial Aid Office.

Annual untaxed benefit information is available on the military member's December Leave and Earnings Statement (LES).  If applying for the 2007-2008 award year, the December 2006 LES is used to compute your financial aid.  If applying for the 2008-2009 award year, the December 2007 LES is used, and so on for any subsequent award years.

Please use the below links to aId you in obtaining and reporting untaxed benefits.

Military Untaxed Benefits Worksheet .  Military members and their families receive a large amount of untaxed income per year.  This form is used to indicate the amount of untaxed military benefits received by a financial aid applicant. 

Verification of Income Form.  All military personnel and their families will need to complete a Verification form and submit a signed copy of the Verification Form to our financial aid office.  In addition, a signed copy of your tax return and your December LES must be submitted with your Verification Form.  If an LES is not available you will need to complete a Military Untaxed Benefits Worksheet and submit it with the Verification Form.

The Defense Finance and Accounting Service (DFAS) will provide you with Leave and Earning Statement (LES) Information and Basic Allowance Rates to help in the computation of untaxed income and benefits.  The DFAS system is a useful tool that can be used to complete your Military Untaxed Benefits Worksheet.

Leave and Earnings Statement.  If you provide our financial aid office with a copy of your LES, please indicate on your LES if you did, or did NOT live in base housing.  If you did NOT live in base housing, you will need to provide the zip code for the military member's address of record.

WITHDRAWALS DUE TO REASSIGNMENT - Please notify the Financial Aid office if you are reassigned to another duty station during any quarter of enrollment.