This fall, 228,994 veterans will attend 4,400 colleges and universities using new federal benefits, as well as taking advantage of new school-sponsored tuition assistance programs, reports a Washington Post article.
1,100 colleges have teamed up with the Department of Veterans Affairs to offer veterans tuition reductions. Different schools are pledging different amounts for subsidies. For example, Harvard plans on offering 50 undergrads $3,000 each and 20 law school students $20,000 each for the upcoming school year. Texas A&M will contribute 25 undergraduate veterans with $12,000. American University will give 24 undergraduates up to $13,800 each.
The Yellow Ribbon program, part of a relatively new GI Bill that was passed last year, will cover the cost of in-state tuition at state schools and will offer dollar-for-dollar subsidies at private and state schools, matching whatever tuition aid the school provides with government money.
The bill, which applies across the board at four-year institutions and community colleges, also promises stipends that cover housing, books, and supplies.
This year, the GI Bill will be expanded to include tuition benefits to spouses or children of veterans. In other words, a veteran can transfer his or her benefits to a spouse or child for up to 15 years post-service.
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Read the full article: GI Benefits Offer Financial Assistance to Veteran Students
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