It is a daunting task to analyze, interpret, and implement federal financial aid regulations these days. Hopefully the information I provide will help you understand and locate the financial aid you need to earn your online degree.
I am thrilled to write this post. I have been, and continue to be, a huge supporter of our military and its veterans. Regardless of my thoughts on war, our men and women are serving our country on our behalf and I am proud of you all.
In 1944, Franklin D. Roosevelt signed into law the GI Bill. The GI Bill gave veterans the opportunity to participate in an education or training program. In 1984, Senator Montgomery enhanced the bill which has since been called the Montgomery GI Bill. Once again, the bill is being enhanced to offer even more educational benefits to veterans.
Effective August 1, 2009, the Post-9/11 GI Bill will affect veterans with active duty service on or after 9/11/2001. The best part? The veteran has the ability to transfer unused educational benefits to a spouse or child.
Enhancements:
- Length of eligibility increased from 10 years to 15
- Books and supplies stiped of up to $1,000
- Up to 100% of tuition costs
- Monthly housing stipend
- Benefits extended to activated Guard and Reservists
Service requirements:
- 90 consecutive days of active duty in the Armed Forces since 9/11/2001.
- Full benefits if you have three years of active duty after 9/11 or have been discharged due to a service-connected disability
Eligibility based on service:
- 100%-36 or more total months
- 100%-30 or more consecutive days with a disability-related discharge
- 90%-30 total months
- 80%-24 months
- 70%-18 months
- 60%-12 months
- 50%-6 months
- 40%-90 or more days
Application for the enhanced benefits is not yet available. For more information, go to the U.S. Deparment of Veterans Affairs and bookmark the GI Bill site for future information. God Bless.
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About ter
I have been a financial aid advisor for nearly 25 years now! Time really does fly. Like other e-learners, I acquired my Bachelor of Arts degree and my Master of Science degree while working full time and raising a family. My coursework consisted of classroom instruction, online and independent study courses, and weekend classes.
I began in financial aid as a secretary, and have worked my way to senior level financial aid advisor at a public four year college in the Midwest. When I began in 1984, we did not have computers, so I have seen the evolution of technology and its impact on education and financial aid.
My husband and I have four children in our household. My daughter and stepson are both in college. My son and stepdaughter are high school freshman.
I look forward to being a part of eLearners.com and given the chance to educate students, especially “non-traditional” students, on the ins-and-outs of financial aid. It is a daunting task to analyze, interpret, and implement federal financial aid regulations these days. Hopefully the information I provide will help.