GI Bill and More Offer Benefits to Military Veterans

Making the decision to work towards an advanced orthat the student can only work a limited number of
bachelors degree is a big decision in many people'shours. To help out with living expenses, the Post 9/11
lives. For some veterans, returning to school afterGI Bill offers a monthly housing allowance for
leaving the armed forces is a pivotal move thatindividuals with dependents.
determines the direction in which their life will go. ItOf course, the Post 9/11 bill is not the only grant
can be quite a daunting task to try and work outoption for veterans who want to become students.
how to pay for school, but luckily there are many billThe Montgomery GI Bill - Active Duty aims to assist
options to help ex-servicemen and women with theira more select group of servicemen and women.
military degrees.Eligible individuals must have received an honorable
The Montgomery GI Bill was created in 1944 afterdischarge and already have a high school diploma or
World War II. Since then it's helped more than twoGED. This GI bill also provides up to 36 months of
million veterans to college. Last year the bill waseducation benefits, allowing veterans to pursue the
updated to include even more funding. The new Postdegree of their choice.
9/11 GI Bill grants money to veterans who haveIn addition, the Montgomery Bill - Active Duty has a
served an aggregated 90 days on or afternumber of different clauses, so soldiers who may not
September 11, 2001, and were honorably discharged.immediately think that they are eligible for this
Veterans discharged with service-related disabilitiesfunding may find that they can apply under a
after 30 days may also qualify for funding. This is notdifferent category.
considered financial aid by colleges and universities, soIn addition to federal aid, there are over $300 million
veterans are still eligible for student loans andin private scholarships and grants for members of the
government grants.military, veterans and their families. For example,
The Post 9/11 GI Bill gives a potential bachelorsthere are scholarships for disabled veterans, veterans
degree candidate enough money for his or herof foreign wars, and veterans of Operation Enduring
course of study, provided that the tuition and feesFreedom. Even if your tuition is fully covered by the
do not exceed the highest amount at a publicGI Bill, it's a good idea to pursue private scholarships.
in-state institution. This means that the veteran willVeterans with children might want to look into
be able to study near his or her home, which can beoptions that help them pay for housing or childcare,
an important factor for those with children.even if they choose to pursue an online degree, as
Opting for a full-time bachelors degree often meansthe additional funds can help them study stress-free.