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Syracuse Sun

Friday, November 22, 2024

Military spouse reimbursement offers essential financial relief

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Chancellor Kent Syverud | Syracuse University

Chancellor Kent Syverud | Syracuse University

Military spouses, except those of Marines, are now eligible for reimbursement of up to $1,000 for specific business expenses incurred during relocation to a new base. Rosalinda Vasquez Maury, director of applied research at Syracuse University’s D’Aniello Institute for Veterans and Military Families (IVMF), commented on the new policy.

Maury stated, "The new policy reimbursing military spouses up to $1,000 for business costs during moves addresses significant challenges highlighted in our latest data brief on Military Spouse Entrepreneurs. Our research shows that 46% of military spouses feel their status negatively affects their career prospects, driving many toward entrepreneurship. Despite 74% of military spouse entrepreneurs reporting that entrepreneurship positively impacts their professional lives, only 28% can fully support themselves or their families through their businesses. This reimbursement provides essential financial relief, supporting their resilience and entrepreneurial spirit, and helping them sustain and grow their ventures."

For further information or to schedule an interview with Rosalinda Vasquez Maury, please contact Vanessa Marquette at vrmarque@syr.edu.

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