The Department of Veterans Affairs (VA) has signed more than 3,200 agreements with over 1,100 schools for the next academic year. Under the Yellow Ribbon program, the VA is allowing veterans using the Post-9/11 GI Bill to attend higher-priced schools. The program provides for a sharing of financial support between the VA and every educational institution participating in the program for those veteran-students attending higher-priced educational institutions.
Under the current Post-9/11 GI Bill, the VA repays veteran-students for any amount of tuition not exceeding the highest in-state undergraduate, public institution tuition rate. With the Yellow Ribbon program, however, schools can contribute to cover the difference in costs between their tuition and the maximum amount allowed under the Post-9/11 GI Bill. The VA matches the schools contributions up to 50% of the total difference between the two.
The VA has put on a strong drive since January to get as many schools as possible involved in the program. They extended deadlines for schools to participate, they sent letters, and even used reminder emails to encourage participation. Not every veteran-student qualifies for the program, however. In order to qualify, veterans must have:
- Served at least 36 months on active duty; OR
- Served at least 30 continuous days prior to being discharged for a service-related injury.
The Post-9/11 GI Bill is a wholly comprehensive educational assistance program. The program pays not only for tuition, but books and a housing allowance. Every eligible veteran can take advantage of this program and seek an in-state, no cost education at a public institution.
If you are a disabled veteran who has been denied disability compensation or have not yet applied for benefits from the VA, contact Veterans Help Group. You may be entitled to certain programs and benefits so contact our veterans disability rights firm today.