Those using the Montgomery GI Bill can expect to see an increase in monthly GI Bill payments starting in October 2022. Fiscal 2023 GI Bill payments are increasing by nearly three percent from last year thanks to the annual Cost-Of-Living Adjustment or COLA. Those using the Post 9/11 GI Bill have already received their COLA…. Read more »
The Ensuring the Best Schools for Veterans Act has been signed into law by President Joe Biden. The Act, which became law on August 26, 2022, is designed to help participating schools eliminate red tape and paperwork related to the GI Bill, and addresses something called the “35% exception” to earlier rules designed to enhance… Read more »
The Department of Veterans Affairs offers military education benefits are for active duty, veterans, spouses, and dependents. But these benefits may vary, depending on your circumstances. If you have retired or separated from military service you have options that may not be open to other applicants, or you may have benefits that active-duty servicemembers also… Read more »
The Yellow Ribbon Program is a partnership between the Department of Veterans Affairs and participating schools. It helps qualifying veterans and dependents who must pay higher out-of-state tuition, or higher private school, overseas school, or graduate tuition and fees. This program is offered to those who are eligible for the Post 9/11 GI Bill. Not… Read more »
The federal government is attempting to settle a lawsuit brought against the U.S. Department of Education over predatory student lending. If “preliminary approval” is granted by a deadline issued for the end of July, it may result in the government paying $6 billion to compensate the students who were unfairly shut out of a government… Read more »
The Montgomery GI Bill is an education benefit offered by the Department of Veterans Affairs. Those who serve a minimum amount of time on Active Duty qualified for this benefit provided they opted in during basic training or in their initial enlistment. The Montgomery GI Bill program is closed to new recruits (see below); you… Read more »
Do you know whether you are eligible for VA education benefits like the GI Bill? That is not the only VA education program you may qualify for as an active duty, Guard/Reserve member, spouse, or dependent.
Wednesday, June 22, 2022, marked the 78th anniversary of the GI Bill, which was enacted in 1944 to support those returning home from World War Two. The Department of Veterans Affairs issued a press release in honor of the anniversary, noting its impact over the years.
There are some important things to know about using GI Bill benefits; if you haven’t checked your benefits recently you may be surprised to learn that in the last several years, legislation has passed to enhance veteran benefit programs including the GI Bill. Learn more as we separate the facts from fiction. Learn more.
The GI Bill is one of the most popular military benefits. Created to help service members returning from World War Two, the Servicemen’s Readjustment Act of 1944, also known as the “GI Bill of Rights” created a program with features that we know today as the GI Bill.
The VA home loan benefit is one of the most popular military benefits you can use. The GI Bill and VA disability benefits may compete for the most commonly used, but VA home loans are likely the best-known (and least understood) of the three. VA home loans are available for those who have served enough… Read more »
VA home loans are government-backed mortgages. That government backing makes it easier to qualify with FICO scores, employment history, and debt ratios. But even with the government’s guarantee to repay the participating VA lender in case of home loan default, the borrower must still financially qualify for the loan. What do you need to know… Read more »
More than the GI Bill: College Bound, Service Member Financial Tips With a little planning you can stretch the GI Bill into a graduate degree. Here are a few tips that should help you create a five-year plan to get you through one enlistment and in to college. There are tips spanning those looking to… Read more »