New education grants will be reduced 37.8%
Automatic cuts to US federal spending mean that the children of soldiers who died in Iraq or Afghanistan will receive less money in eduation grants. ABC News reports:
On the 10-year anniversary of the start of the Iraq War, and scholarships for children of troops who died fighting in that conflict are being cut by thousands of dollars, thanks to sequestration.
The awards, called the Iraq and Afghanistan War Grants, go to undergraduate students whose moms or dads died "as a result of military service performed in Iraq or Afghanistan after the events of 9/11," according to the Department of Education.
Awards that have already been established are safe, but as of March 1, the dollar amount for each new grant is being reduced by 37.8 percent from what a student would have received last year.
That means young adults will receive up to $2,133.81 less if they apply for a grant for the first time this year.
