How Enlisting in the Military Can Help With Your College Education - Lizzie Weakley
While many are aware that one benefit of military service is assistance in paying for college, there are some additional educational benefits not as widely known. Here is a look at the latest version of the GI Bill as well as some lesser-known educational benefits.
The Post-9/11 GI Bill
The Post-9/11 GI Bill went into effect in August of 2009 and covers veterans with at least 90 days of continuous service after September 10, 2001. The bill also provides Reserve and Guard members active for over 90 days since 9/11 with the same benefits as active-duty personnel. Covered costs include tuition and fees, a living stipend, and an annual allowance for books and supplies.
To qualify for the maximum benefit, veterans must have served at least 36 months. Benefit levels gradually decrease down to 40% of the maximum benefit for those with between 90 days and 6 months of service post-9/11.
Lesser-Known Education Benefits
Yellow Ribbon Program: Participating institutions contribute funds toward expenses greater than what is allowed under the Post-9/11 GI Bill. Veterans Affairs then matches the contributions of these institutions.
GI Bill Transfer: This provision allows education benefits to be transferred between veterans and their spouses or dependents. Certain criteria must be met for the transfer option to apply.