NewDay USA Awards Scholarships to Children of Servicemembers Deployed to Serve in the Global War on Terror

FULTON, Md., Dec. 12, 2018 /PRNewswire/ -- NewDay USA, a nationwide VA mortgage lender, has announced that it is extending its military prep school scholarship program criteria to include children of soldiers and National Guard members with a successful deployment record in the Global War on Terror (GWOT). NewDay USA scholarships were initially reserved for children of Gold Star families and the children of a 100 percent disabled combat Veteran.

"Overseas deployments put a huge strain on military families, both personally and financially. We want students to get a great military education and not have their families worry about the cost during such a time," said Rear Admiral Thomas Lynch USN (Ret.), executive chairman of NewDay USA.  

On December 3^rd, NewDay USA awarded its 50^th full military prep school scholarship to Kathryn Lilyanne Bailey to attend Georgia Military College Preparatory School (GMC Prep) in Milledgeville, Georgia. Kathryn, whose father is a 100 percent disabled combat Veteran, is a sixth-grader at the school and was awarded a scholarship that will pay her tuition until she graduates 12^th grade. Her brother Jacob is also a recipient of this scholarship.

"We are just blown away by the generosity of NewDay USA and their support of our soldiers and their families," said Brigadier General Randall Simmons, Commanding General of the Georgia National Guard. "Providing these scholarships does so much for our deployed soldiers, who now have increased confidence that their children are getting a quality education back home so they're able to focus on the mission at hand. We couldn't be more thankful for NewDay's generosity and expanding their scholarship program to the children of GWOT Veterans."

Kathryn Bailey was awarded the scholarship just as the Georgia National Guard 48th Infantry Brigade Combat Team (IBCT) was about to be deployed to Afghanistan. The scholarship is good for the entire time she attends GMC Prep.

"As the beneficiary of a JROTC education, I know personally how important such an education is in building America's leaders of tomorrow," said NewDay USA CEO Rob Posner. "Expanding our scholarship program to the children of those who have served our country during the Global War on Terror (GWOT), is one of the most important things we are doing as a company."

The NewDay USA Foundation has now awarded 50 full scholarships to students at 13 military prep schools in 11 states, including 13 scholarships to GMC Prep School cadets since 2016. NewDay USA has also donated $1 million to the GWOT Memorial, currently under construction in Washington, D.C.

"It's absolutely incredible what these scholarships do for these families," added Lieutenant General William B. Caldwell, IV, President of Georgia Military College. "We are incredibly appreciative of NewDay USA. Their commitment to Veterans is so special."

About NewDay USA
NewDay USA is a nationwide VA mortgage lender focused on helping active military personnel, Veterans, and their families achieve their financial and housing goals. NewDay USA is also a Ginnie Mae (GNMA) approved issuer/servicer. The company employs best practices in mortgage lending and career growth for mortgage professionals. Consistent with its mission, NewDay is a philanthropic partner of numerous organizations focused on assisting military Veterans and their families in need. The NewDay USA Foundation provides full scholarships to the children of fallen and severely disabled military Veterans to attend JROTC military high schools across the nation, as well as to children of those with a successful deployment record in the Global War on Terror. The company is also a major philanthropic partner of the Medal of Honor Foundation, the USO, Boulder Crest Retreat for Military and Veteran Wellness, and is a major sponsor of the Military Bowl. Community service and giving back in the form of volunteerism also plays a significant role among the NewDay USA workforce. NewDay USA is a registered trade name of New Day Financial, LLC, which is a key holding of Chrysalis Holdings, LLC, a premier private investment company focused on the financial services industry. For more information about NewDay USA, visit www.newdayusa.com.

Press Contacts:
Mike Murray
Strategic Vantage Marketing & Public Relations
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240.498.0863

Sam Garcia
Strategic Vantage Marketing & Public Relations
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214.762.4457

SOURCE NewDay USA