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Scholarships Awarded to Children of Service Members

Ginnie Mae Veteran lending policy

In commemoration of the anniversary of the September 11, 2001 terrorist attacks, NewDay USA [1], one of the nation’s largest VA mortgage lenders, awarded scholarships to six children of Veterans and service members who fought and died in the War on Terror. 

The scholarships cover the full four-year tuition at the Georgia Military College Preparatory School in Milledgeville, Georgia.

“Our servicemembers and their families have sacrificed so much to protect this nation,” NewDay USA’s Chairman, Retired Rear Admiral Thomas Lynch, explained. “Being able to help these families—particularly on a solemn day like September 11—is an honor for the entire NewDay team.”

More than 60 scholarships have been awarded by NewDay through its NewDay USA Foundation, which provides four-year scholarships to the children of fallen and severely disabled military Veterans to attend JROTC military high schools across the nation. At least one parent of each recipient has been deployed during the Global War on Terror.

“The people at NewDay recognize the enormous sacrifices servicemembers, Veterans and their families make, and we are all incredibly grateful,” said Lt. General William Caldwell (Ret.), President of Georgia Military College.

NewDay USA Founder and CEO Rob Posner, who spoke at the graduation ceremony at Georgia Military College in May, noted that the scholarship awards are being presented in the name of his father, Allan Posner. 

“My father was a Veteran and sacrificed to send his son to a JROTC military school to learn the values and principles of duty, honor and country,” Posner said. “It is an honor to be able to pay it forward to these outstanding young men and women, who will be the future leaders of our country.