Changes in the Post 9/11 GI Bill For Military Students
The G.I Bill has been existence since 1944 and millions of veterans have used it programs in order to attend university or used the Bill’s loan programs in order to obtain a home or a business. Let’s take a look at some of the changes made in the post 9/11 G.I Bill.
One of the major changes involves housing stipends which used to be only available to university students who were attending a four year program. However, students who attend an online education program or online degree program will now also be eligible for benefits. This new stipulation will go into effect as of October of 2011.
Stipends will also be made available for books; students will receive access to a $1,000 annual stipend towards books. Changes have also been made to cap out tuition for those attending a private university at $17,500. As a result, some students who are currently enrolled at a private university may have to pay some of their own way or obtain student loans. This is a sore subject for some students since some may face hardships paying for their own tuition while others are even considering the prospect of quitting school due to the expense.
Veterans will also be able to use the G.I Bill in order to attend vocation schools which specialize in a specific skills set such as real estate, computer repair, automotive technician and more. Experts predict that this change will help combat massive unemployment. Experts predict that approximately thirteen thousand veterans would be able to secure employment within a year thanks to vocational training. These vocational programs are suitable for veterans who want to secure employment as soon as possible and who aren’t looking for a job that requires a four year degree.
These new changes will allow veterans to obtain very specific training which should help them to obtain jobs. The government hopes that this training will help deal with unemployment; especially for female veterans. Figures given by the U.S Department of Labor show that 16.6 of female veterans are currently without a job. In order to combat the problem of unemployment, the current administration has introduced Obama’s American Job Act which provides a tax credit for any company who hires an unemployed veteran.
Changes have also been made in regards to “break pay”. This means that students will not receive benefits between enrollments. Students benefiting from the Montgomery GI Bill have the ability to switch over to the Post 9/11 GI Bill.
The GI Bill was signed into law in 1944 in order to assist World War II veterans with university and vocational training. It also helped to provide veterans with access to various loan programs. One of the most significant part of the program was the home loan program which enabled a large number of Americans to purchase a home for the first time.
One of the main benefits of the Post 9/11 GI BILL is the living stipend which allows military veterans to go to school without having to hold down a job.
Written by Rachel Quinn – Trident University offers Online College Degree for military students and veterans. Our International University Degree offers online education that is accessible. Military Education Online Trident College offers Bachelor, Masters and PhD degrees.
Written by Rachel Quinn – http://www.trident.edu/military-students/ http://www.trident.edu/ http://www.trident.edu/military-students/
Author Bio: Written by Rachel Quinn – Trident University offers Online College Degree for military students and veterans. Our International University Degree offers online education that is accessible. Military Education Online Trident College offers Bachelor, Masters and PhD degrees.
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Keywords: gi bill, post 9/11 gi bill, gi bill changes, GI bill reforms, GI bill tuition caps,