WASHINGTON and BALTIMORE, Jan. 18, 2011 /PRNewswire/ -- The Project VETS (Veterans Educated in Trading Skills) Scholarship Program plans to award over $3.15 million in scholarships to no fewer than 150 qualified veterans in the Baltimore and Washington DC Metro region to help them discover opportunities to generate income and build wealth in the financial markets in 2011. Project VETS provides scholarships for professional trading and investing education at the Online Trading Academy Baltimore and Online Trading Academy Washington DC Metro.
More than 80,000 Gulf War II era veterans with service connected disabilities are unemployed or out of the labor force. According to November 2010 Bureau of Labor Statistics data, Gulf War II veterans continue to experience a higher unemployment rate (10.0%) than other veterans (7.4-9.4%) as well as that of the general population (9.1%). Unemployment is even higher for Gulf War II veterans with service connected disabilities (11.8%). Project VETS has been designed to establish dignity through self-reliance in the financial markets for disabled veterans returning from Operation Iraqi Freedom and Operation Enduring Freedom - Afghanistan.
Applications for Project VETS Scholarships will be accepted on a rolling basis until November 30, 2011. "We plan to start awarding scholarships in February. We have obtained full funding for 50 scholarships and are looking to raise additional funds to complete the scholarship fund," states Project VETS Program Manager Chris Koomey.
Trading the financial markets provides an avenue for veterans with service connected disabilities to generate income and gain a constant sense of accomplishment. Trading the financial markets focuses on cash flow through disciplined money management and application of established trading strategies. Trading provides total time control, efficient use of capital and unlimited upside for people with discipline and confidence. Project VETS provides life-long learning in the financial markets for those who sacrificed for our freedom.
Project VETS is an extension of the Online Trading Academy mission to transform lives worldwide through exceptional trading and investing education. Since 1997, Online Trading Academy has provided professional education for individual traders and investors throughout its global network of over 30 locations. Project VETS expands this mission and this assistance greatly by committing significant resources and learning opportunities to select veterans in the Baltimore and Washington DC Metro region in 2011.
Project VETS Advisory Board member Leigh Reichel, a veteran and graduate of the Online Trading Academy, explains why Project VETS is a great fit for disabled veterans: "For those with the determination and discipline they've demonstrated in their service to their country, Project VETS offers the opportunity to achieve a lifetime of financial success for themselves and their families."
Project VETS Program
Online Trading Academy Washington DC
Online Trading Academy Baltimore
PRIMARY CONTACT: Paul Arneson, Col (Ret) USAF, Project VETS Project Officer, 703-442-8282, 301-919-6063 or [email protected]
PROGRAM CONTACT: Chris Koomey, Project VETS Program Manager, 703-442-8282 or [email protected]
SOURCE Online Trading Academy