Assisted Living Costs Out of Reach? Apply for a Silver Scholarship

While today’s seniors are painfully aware of rising costs, many do not know that there are eldercarecostsnon-profit organizations like The Silver Scholarship Foundation that aim to help seniors facing growing financial costs. According to a recent article by Angela Stringfellow in on SeniorHomes.com, The Silver Scholarship Foundation offers funding to approved seniors to cover costs such as:

  • Private pay companions
  • Rent and/or utilities
  • Food
  • Home health care
  • Assisted living
  • Residential dementia care

If you are wondering if you or a loved one qualify for a Silver Scholarship here are the requirements:

  • Over the age of 65 years
  • Require a higher level of care than currently received, such as Memory Care, but unable to afford the upgrade.
  • Nearing a financial crisis with financial resources totaling less than six months’ living expenses.
  • Considering moving out of Assisted Living or having recently moved out due to inability to cover costs.
  • A wartime Veteran or the spouse of a wartime Veteran waiting for an Aid and Attendance pension to be processed.

To read this article its entirety, click here. To learn more about Browning Geriatric Consulting and how our services could help you or a loved one facing increasing care needs, contact us today.