The Post-9/11 GI Bill has several components including:
- Up to 100 percent tuition and fee coverage for in-state schools up to the current maximum national average of $22,805.34 per year
- Up to $1,000 a year for books and supplies
- Monthly housing allowance based on the cost of living where the school is located
- The option to transfer the GI Bill to a spouse or child
- Up to 36 months of education benefits, in most cases payable for 15 years after release from active duty
- The Yellow Ribbon Program
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More about the Yellow Ribbon Program
Veterans can use the Post-9/11 GI Bill to cover several different types of education programs including college degree programs. A veteran or dependent qualifies for the Yellow Ribbon benefits by meeting the following requirements:
- Served an aggregate period of active duty after September 10, 2001, of at least 36 months
- Was honorably discharged from active duty for a service connected disability and they served 30 continuous days after September 10, 2001
- Is a dependent eligible for Transfer of Entitlement under the Post-9/11 GI Bill based on a veteran’s service under the eligibility criteria listed above
Because the Post-911 GI Bill covers the cost of in-state public schools up to the annual maximum national average ($22,805.34 in 2017), the Yellow Ribbon Program provides a way for service-members to afford the higher costs associated with undergraduate and advanced degree programs at private or out-of-state schools.
Yellow Ribbon participating schools enter into a voluntary agreement with the Veterans Administration (VA) to waive a portion of, or all of, the tuition costs in excess of the national maximum Post-9/11 GI Bill reimbursement. The VA matches the amount of the waiver and contributes that amount to the veteran’s tuition.
- A veteran wants to attend a private, out-of-state university with tuition of $60,000 per year, and the school has agreed to waive $10,000 in tuition for Yellow Ribbon participants.
- The VA will match that $10,000, making the total tuition waived $20,000.
- The Post-9/11 GI Bill pays $22,805.34, and the Yellow Ribbon Program waives $20,000, making the veteran responsible for $17,194.66 in tuition that he or she can pay out-of-pocket or with the help of financial aid.
As stated on Military.com, schools can limit the amount of tuition they waive, the number of students they choose to waive tuition for, and the specific programs they choose to participate in the Yellow Ribbon Program.
Post University is a proud participant of the Yellow Ribbon Program, and our programs are also listed in the Defense Activity for Nontraditional Education Support (DANTES) catalog, which means veterans can receive tuition reimbursement support under DANTES for the Army, Marine Corps, Army Reserves, Air Force Reserves, and the Air National Guard.