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              Return on Investment Study: Washington State Dept of Veterans Affairs VET Corps
      Back
                The Washington State Department of Veterans Affairs (WDVA) Vet Corps program engages AmeriCorps members to help veterans and their family members take advantage of educational benefits and services earned through their military service. To better understand the impact of the program in relation to costs, AmeriCorps commissioned a return on investment (ROI) analysis.

Key Findings:

The Vet Corps program at two-year institutions produces strong returns for the medium- and long-term scenarios; ROIs under these scenarios range from $3.16 in return for every dollar invested to $17.52 for every dollar invested.
	Benefits of WDVA Vet Corps include: 1) Additional lifetime earnings resulting from improved employment outcomes for program participants; 2) Additional earnings by AmeriCorps members; 3) Living allowances, stipends, and education awards for AmeriCorps members; 4) increased tax revenue for government; and 5) reduced lifetime spending on corrections, public assistance, and social insurance.Full Report

Research Brief

Return on Investment (ROI) Studies

AmeriCorps and its grantees have invested significant resources in evaluating different agency programs and supported program models designed to improve a range of outcomes for national service members and volunteers, children, families, organizations, and communities across America. AmeriCorps has commissioned ICF International to conduct ROI analyses to help measure the program performance and build the base of evidence for future resource allocation decisions. In addition, each ROI study helps AmeriCorps communicate the value of its programs to relevant stakeholders. The ROI Studies Project will produce 16 ROI assessments from FY20 to FY23.

**VIEW ALL ROI STUDIES**

      Full report
      

      Full Report
            BRIEF Return on Investment Study: Washington State Dept of Veterans Affairs VET Corps (Full Report)
        Further information
    



      Program/Intervention
                        ROI Analysis
  

      Implementing Organization
                        Washington State Department of Veterans Affairs
  

      Intermediary(s)
                        AmeriCorps Office of Research and Evaluation Commissioned Report
  

      AmeriCorps Program(s)
            AmeriCorps State and National
  

      Age(s) Studied
            18-25 (Young adult)
                  26-55 (Adult)
                  55+ (Older adult)
  

      Focus Population(s)/Community(s)
            Veterans and Military Families
  

      Outcome Category
            Post-secondary educational support
                  Benefit to national service members/volunteers
                  Nonprofit development
  

      Study Type(s)
            Cost-benefit or Cost Effectiveness Study
  

      Researcher/Evaluator
                        ICF International
  

      Published Year
                        2022
  

      Study Site Location (State)
            Washington Back to main content Sign up to hear about our latest news, events, and opportunities.
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