Many U.S. veterans do not receive adequate support when they leave active service and face barriers such as: lack of dedicated pathways to access affordable education for themselves and their children, and difficulty preparing themselves effectively for civilian jobs.

The PwC Charitable Foundation’s commitment

100,000 veterans. Five years. $5 million and counting…

Help educate veterans and/or their children through scholarships

Prepare, train, and/or re-credential veterans returning to careers in today’s ever-changing economy

Scale and build the capacity of leading veteran service organizations to help them serve more veterans

“We made this commitment in 2014 because we want to reduce the sacrifice made by families who have already given so much in service to our country – we want them to reach their highest potential.”

Frank Gaudio, PwC Charitable Foundation Trustee and Veterans Liaison

Why it matters

1 million service men and women are expected to leave and transition to civilian life in the next four years.

Without access to affordable education, training, and employment assistance, many could become one of more than 495,000 unemployed veterans.1

26% of undergraduates receiving veterans’ education benefits also took out federal or private loans.

The average loan was $7,400 – slightly more than for students who never served in the military.2

53% or one out of two separating post 9/11 veterans will face a period of unemployment.

Though national unemployment rates have declined, the on-the-ground reality is that half of our veterans enter a period of unemployment upon transition.3

Our progress

Our progress toward our goal to invest $5 million plus*

FY15–FY16 FY19 GOAL*
$5.3 million

* Official commitment period: November 2014 – November 2018

Our progress toward our goal to help 100,000 veterans and/or their children overcome the barriers they face to education and career transition over five years.

FY15–FY16 FY19 GOAL
32,000 veterans
5,000

scholarships awarded

27,000

veterans trained and/or hired

Sources:

  1. Hire Heroes USA; Bureau of Labor Statistics, March 2016
  2. Los Angeles Times; Department of Education
  3. U.S. Department of Veterans Affairs