The Yellow Ribbon Program - A Potential Supplement to your GI Bill Benefits
05/11/2013 Published by: Suzanne
Are you counting on using the GI Bill to fund your college education? Are you aware that there are limits as to how much money the GI Bill will cover for each school term? If you choose to attend an institution whose tuition and fees exceed the GI Bill’s upper limit, how will you cover those additional costs? This is where the Yellow Ribbon Program comes in.
Institutions of higher learning can choose whether or not to participate in the program. However, if they do, some or perhaps even all of your educational costs above the GI Bill threshold will be covered! Basically, it works as a matching program between participating schools and the Veteran’s Association (VA). If the college you’ve chosen contributes $3,000 (tables are published each year listing participating schools and the amount of money that they will contribute), then the VA will match that amount giving you an additional $6,000 to apply towards the cost of your post-secondary education.Share This Page
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