GI Bill Offer Outstanding Benefits For Service Members And Families!
Are you a veteran with 90 days of service? Are you looking to expand your education by returning to college? Have you heard about the new Post-9/11 GI bill? This is the measure, passed on August 1, 2009, that is going to help you do just that. Veterans have served and continue to serve their country and their country has responded, passing the greatest increase in veteran benefits since the first GI bill passed after World War II. Veteran education is now encouraged, with further financial assistance for the more expensive of schools, a monthly stipend for housing, and the bounty of the potential to transfer benefits to members of the veteran’s family. One hundred percent of the benefit is present after 36 months of active duty. Learning the ins and outs of this new GI Bill education benefit is what the team has done and we are here to help you obtain the most for your educational needs.
Who Is Eligible? Active duty service on or after September 10, 2009, by military members for a minimum of 90 collective days starts the determination. This amount of time provides eligibility for forty percent of the benefit – the minimum amount – with one hundred percent of the benefit – the maximum – available after 36 months of service. With varying amounts of service, others will fit into this benefit plan at different levels. There is one important distinction, however, and this involves veterans who were discharged related to a service-connected disability. These vets receive one hundred percent of the benefit, with at least 30 continuous days of prior active duty.
Coverage: The new Post-9/11 GI Bill provides money for tuition and fees capped at the highest in-state tuition rate for the state in which the school is located. It also provides an annual book and supply stipend for most veterans up to $1,000. If you need more information about GI bill education, look on the internet.
Notable Provisions: Eligibility for additional funding under the Yellow Ribbon Program (YRP) may be available, should you want to study at a school where the fees for tuition are even more than the highest in-state rate. Investigate if the college participates in YRP, as this is a requirement. Additionally, the veteran needs to apply for this special benefit. A one-time relocation allowance ($500) is also a possibility for students who relocate from a rural location to go to school.
Housing (Monthly Stipend): This equate with the zip code where the school is located, at the E-5 with dependents BAH rate. Requirements are such that 100% attendance at an online college does not quality. Students much have a study rate of at least a half-time basis, along with a level of study in-residence. There is an abundance of information about new GI bill on the web.
Transferability: Probably one of the most exciting and innovative elements is the potential to transfer benefits to GI Bill dependents, both spouses and children. The Department of Defense is authorized to allow individuals who, on or after August 1, 2009, have served at least 6 years in the Armed Forces and who agree to serve at least another 4 years in the Armed Forces to transfer unused entitlement to a spouse. Once members have reached their 10 year anniversary they may choose to transfer the benefit to any dependents (spouse, children).
When you want to experience the benefits afforded by the Post-9/11 new GI Bill, you will want to learn how to maximize your eligibility for veterans benefits education. A quick call or visit to Education Connection can help determine how a Military scholarship with impact your career future.
