There has been a buzz on capital hill about the new GI bill which is set to accept applications starting at midnight. This comes at a time when a record number of those eligible are participating in educational benefits programs sponsored by the armed forces, the number is currently at 70% of those eligible ( to give a point of reference in the WWII era it was 50 percent). The army is allowing for a total compensation of 36 months of education, this amount can be used by the serviceman/woman or can go towards there family by splitting up the months. The armed forces will give the maximum instate tuition as a base and then match every dollar a college puts towards the student after that amount. Clearly this is a strong incentive not only for those looking to join, but also for retaining those who have children entering college.
Thursday, April 30, 2009
Tomorrow Marks the Beginning of New G.I. Bill Era
There has been a buzz on capital hill about the new GI bill which is set to accept applications starting at midnight. This comes at a time when a record number of those eligible are participating in educational benefits programs sponsored by the armed forces, the number is currently at 70% of those eligible ( to give a point of reference in the WWII era it was 50 percent). The army is allowing for a total compensation of 36 months of education, this amount can be used by the serviceman/woman or can go towards there family by splitting up the months. The armed forces will give the maximum instate tuition as a base and then match every dollar a college puts towards the student after that amount. Clearly this is a strong incentive not only for those looking to join, but also for retaining those who have children entering college.
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