Military Officers Association of America Receives $5.7 Million in Bequests

The Military Officers Association of America has announced estate gifts totaling more than $5.7 million from two unnamed donors.

The gifts will be added to the association's scholarship fund, which was established in 1948. The fund provides interest-free loans and grants to young adults for up to five years of study at an accredited two- or four-year college or university of their choice. Eligible students must have a parent who is a former, active, or retired officer/military person.

"These gifts will enable thousands of military children to receive life-transforming educations from the accredited higher educational institution of their choice," said Vice Admiral Norb Ryan, Jr., president of MOAA. "Through its unique combination of grants and interest-free loans, the MOAA Scholarship Fund has been able to provide over $100 million to more than twelve thousand students."

"Military Officers Association of America's Scholarship Fund Receives $5.7 Million in Bequests." Military Officers Association of America Press Release 02/11/2013.