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GI Bill Offers Veterans Education In Exchange For Service
After serving in the US Armed Forces many veterans entertain the idea of going to college for the right veterans benefits education, especially if they want a career outside the military. Thanks to the US government, former service members don’t have to worry about the expense of getting a college education. The various forms of the Montgomery GI Bill provide millions of dollars for service men and women to go to college and get their military degrees.
The GI Bill is not considered financial aid by colleges and universities, so veterans are still eligible for student loans and government grants. It does grant money to veterans who have served at least 90 days since September 11, 2001. The soldiers must have been honorably discharged. Veterans discharged with service-related disabilities after 30 days may also qualify for funding. This originated with the Montgomery GI Bill, created in 1944 after World War II.
The new GI Bill gives student soldiers enough money for college as long as tuition and fees are not more than the most expensive in-state public college. Veterans can choose a college near home or enroll in an online college. Both options allow the student to be near work and or family. If a veteran chooses to go to school full time, they most likely will not have time to work full time. The Post 9/11 GI bill can help here too. It gives a monthly housing allowance for soldiers with dependents, which will be greatly appreciated as the soldier advances their education.
A veteran can choose to attend college full time or part time. If school leaves no time for work, the gi bill has funding to help with housing. The bill provides a monthly allowance for housing expenses for veterans with families, a fact appreciated when the veteran has so many responsibilities.
The Montgomery GI Bill-Active Duty is another option for education funding for soldiers. Eligible soldiers must have an honorable discharge along with their high school diploma or GED. The bill covers 36 months of education, an estimated $40,000 value. Soldiers have ten years to use their education benefits. However, if they reenlist, the benefit time limit starts over.
The Montgomery GI Bill Active Duty has several clauses under which a soldier can qualify. Soldiers can apply using a VA form 22-1990. The money from this bill isn’t just for college; it may also be used for flight training, apprenticeships, certification courses and fees for entrance exams to educational programs.
In addition to federal aid, there are over $300 million in private scholarships and grants for members of the military, veterans and their families. For example, there are scholarships for disabled veterans, veterans of foreign wars, and veterans of Operation Enduring Freedom. Even if your tuition is fully covered by the GI Bill, it’s a good idea to pursue private scholarships. Veterans with children might want to look into options that help them pay for housing or childcare, even if they choose to pursue an online degree, as the additional funds can help them study stress-free.
There are millions of dollars available for veterans and their families to use for military distance learning. The US government provides non-taxable money through the GI Bill and Tuition Assistance. But there are also private scholarships and grants. Through these programs an ex-service member can exchange years of service for a fully paid college education.
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This entry was posted on Thursday, October 15th, 2009 at 2:18 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.