Military Financial Aid
Attending college can be difficult, especially when it comes to finances. However, if you are serving or have served in the United States military, various financial aid options may be available for you.
One of the biggest benefits of serving in the military is the tuition assistance you can receive for your education. Financial aid available through the military is very similar to other financial aid options, and often comes in the form of scholarships and grants. This makes military benefits a great alternative to student loans.
While there are many different types of financial aid veterans, the three main types include:
Each of these options have different pros and cons, and some might be better for you than others, depending on your circumstances and educational plans.
Post-9/11 GI Bill and Montgomery GI Bill
The Post-9/11 GI Bill and the Montgomery GI Bill are often categorized together, since they are very similar. Both bills allow members of the military to complete undergraduate and graduate level programs, apprenticeship training, certificate programs, on the job training, flight training and non-college degree courses. In other words, if the program you’re interested in is a part of a college or university, it’s probably covered.
Educational benefits from the two GI Bills are not loans and therefore do not need to be paid back. The bills can cover tuition and fees, as well as housing and books. While the bills are very similar, there are some slight differences. Since students can only claim benefits from one bill, you should make sure you examine each option to see which one is best for you.
Military Tuition Assistance
Military Tuition Assistance is available for eligible members of the Army, Marines, Navy, Coast Guard and Air Force. Eligible members can receive up to 100% of their tuition expenses.
As with the GI Bills, Military Tuition Assistance is not a loan, but rather a job benefit that you earned by serving your country. Through this program, you may be eligible to complete your education without the worry and strain of taking on student loans.
There are limits to the financial assistance, however, including a limit on the number of classes you can take and the amount of money you can spend on tuition each year. In other words, you may have to pay some of your tuition costs if you choose a more expensive school or if you want to take several classes at once. Military Tuition Assistance is also only available to help with tuition; it cannot be used to cover other expenses like housing and books.
Find Out More About Military Financial Aid Today
If you are serving or have served in the United States military, find out if you are eligible for financial assistance to complete your education.
If you’re not sure if you are eligible for military financial aid benefits, or which plan would benefit you the most, call our Financial Aid office at 866.865.8067 or click here to request more information.