Saturday, February 18, 2012

The Post-9/11 GI-Bill

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Beginning August 1, 2011, break (or interval pay) will no longer be payable under MGIB-AD except during periods your school is closed as a result of an Executive Order of the President or an emergency (such as a natural disaster or strike). For example, if your Fall term ends on December 15th and your Spring term begins January 10th, your January housing allowance will cover 15 days in December and your February housing allowance will cover 21 days in January.
The Post-9/11 GI Bill provides financial support for education and housing to individuals with at least 90 days of aggregate service after September 10, 2001, or individuals discharged with a service-connected disability after 30 days. You must have received an honorable discharge to be eligible for the Post-9/11 GI Bill.
The Post-9/11 GI Bill is effective August 1, 2009. Approved training under the Post-9/11 GI Bill includes graduate and undergraduate degreesvocational/technical trainingon-the-job trainingflight trainingcorrespondence traininglicensing and national testingprograms, entrepreneurship training, and tutorial assistance. All training programs must be approved for GI Bill benefits.
The Post 9-11 GI Bill will pay eligible individuals:
  • Your full tuition & fees directly to the school for all public school in-state students. For those attending private or foreign schools tuition & fees are capped at $17,500 per academic year. Click here for more information. 
  • If you are attending a private Institution of Higher Learning in AZ, MI, NH, NY, PA, SC or TX you may be eligible for a higher tuition reimbursement rate. Click here for more information.
  • For those attending a more expensive private school or a public school as a non-resident out-of-state student, a program exists which may help to reimburse the difference. This program is called the “Yellow Ribbon Program”. (Click on the link for more information about the Yellow Ribbon Program, not everyone is eligible for the program). 
  • monthly housing allowance (MHA) based on the Basic Allowance for Housing for an E-5 with dependents at the location of the school. For those enrolled solely in distance learning the housing allowance payable is equal to ½ the national average BAH for an E-5 with dependents ($673.50 for the 2011 academic year & $684.00 for the 2012 academic year). For those attending foreign schools (schools without a main campus in the U.S.) the BAH rate is fixed at $1,347.00 for the 2011 academic year & $1,368.00 for the 2012 academic year. The academic year begins on August 1. (Active duty students & their spouses cannot receive the MHA). 
  • An annual books & supplies stipend of $1,000 paid proportionately based on enrollment.
  • A one-time rural benefit payment for eligible individuals.
This benefit provides up to 36 months of education benefits, generally benefits are payable for 15 years following your release from active duty.
The Post-9/11 GI Bill also offers some service members the opportunity to transfer their GI Bill to dependents.

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