Get You Degree And Start A New Career With GI Bill!

2010 April 17

 

The new Post-9/11 GI Bill became effective August 1, 2009, and is considered the greatest expansion of benefits for veterans since the first GI Bill was passed after World War II. It brings greater financial assistance for veteran education, the potential for a monthly housing stipend, additional cash for pricier schools, and even the potential to transfer benefits to family members. Eligibility begins with just 90 days of service, and quickly reaches 100% of benefits after 36 months of active duty. We stand ready to assist you in learning more about the GI Bill education benefits to help you maximize their use for you and your family. 

Are You Eligible? The smallest amount of the benefit, 40%, is available for military members who have had a minimum of 90 days of active duty commencing on or after September 10, 2009. If a member has served a cumulative 36 months, they are eligible for 100%, the maximum amount, of the benefits. Others will have different amounts of duty served and will fit in at varying levels. One significant note pertains to veterans who were discharged secondary to a service-connected disability. Those discharged under that condition, with at least 30 days of continuous active duty, will receive 100% of the benefit. If you are interested in getting more information about military degrees research the internet.  

Bill Coverage: There is a cap of the highest in-state tuition rate (for the state where the school is located) pertaining to monies for fees and tuition. Up to $1,000 is allotted annually for books and supplies for most veterans as conveyed by the Post-9/11 GI Bill. 

Special Provisions: If you intend to study at a school where the tuition rate is higher than the highest in-state rate, you may be eligible for additional funding under the Yellow Ribbon Program (YRP). To qualify, colleges must participate in the YRP and the veteran must apply for the special benefit. You may also be eligible for a one-time relocation allowance of $500 if you are relocating from a rural area to attend school. For any additional information about new gi bill check the internet. 

Housing Stipend (Monthly): For eligibility, the veteran needs to have a study schedule of more than a half-time basis, with some level of in-residence study. This would exclude one hundred percent online school attendance as this has been deemed not eligible. Those who quality will obtain this stipend based on the zip code of the school location, in concordance with the E-5 with dependents BAH rate. 

Benefits Transferability: Those military members who continue to serve their country should be pleased to learn that the Department of Defense (via the Post-9/11 GI Bill) has authorized the transfer of benefits to dependents under certain conditions. If a veteran has served at least six years in the Armed Forces as of on or after August 1, 2009, and is willing to commit to another four years of service, a spouse can have transferred to them the unused entitlement. Other dependents (the spouse and/or children) are eligible for transfer of benefits after the serving member has experienced their 10 years anniversary. For an abundance of information about military scholarship check out the web.

Knowing how to take advantage of the exciting and innovative opportunities presented in the Post-9/11 GI Bill may just determine how you proceed with your education and the course your future career takes. Not only can you get help financing your education, but those of your spouse and children. Obtaining the maximum applicable from the GI Bill education benefits is where we steps in, with information, exploration, and guidance for your individual course. Our Finance Center will aid you in person or over the phone in learning how a Military scholarship can help chart the future of your veteran education.

 

 

 

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