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Old 07-12-2011, 05:28 AM
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New GI bill

Changes to GI Bill Coming SoonJuly 12, 2011 By Troy
Posted in Veteran Benefits
Last year’s lame duck session of Congress approved a major overhaul of GI Bill benefits. Although the Post-9/11 Veterans Education Assistance Improvements Act was signed into law in 2010, the benefits will start taking effect on 1 August.
For veterans and their transferees, the law:
Simplifies the tuition and fee rates for those attending a public school and creates a national maximum for those enrolled in a private or foreign school;
Pays all public school in-state tuition and fees;
Caps private and foreign school costs at $17,500 annually.
For active duty members and their transferees, the law:
Creates a national rate for those active duty members enrolled in a private or foreign school pursuing a degree;
Pays all public school in-state tuition and fees;
Caps private and foreign school costs at $17,500 per academic year (an academic year begins August 1);
Allows VA to pay MGIB (chapter 30) and MGIB-SR (chapter 1606) ‘kickers’, or college fund payments, on a monthly basis instead of a lump sum at the beginning of the term;
Prorates housing allowance by the student’s rate of pursuit (rounded to the nearest tenth). A student training at a rate of pursuit of 75% would receive 80% of the BAH rate.
Will no longer pay break or interval pay under any VA education benefit program unless under an executive order of the President or due to an emergency, such as a natural disaster or strike. This means that when the semester ends (e.g. December 15th), the housing allowance is paid for the first 15 days of December only and begins again when the next semester begins (e.g. January 10th) and is paid for the remaining days of January. Students using other VA education programs are included in this change. Monthly benefits will be pro-rated in the same manner. Entitlement that previously would have been used for break pay will be available for use during a future enrollment.
Allows reimbursement for more than one “license or certification” test (previously only one test was allowed);
Allows reimbursement of fees paid to take national exams used for admission to an institution of higher learning (e.g., SAT, ACT, GMAT, LSAT);
Allows those who are eligible for both Vocational Rehabilitation and Employment (chapter 31) benefits and Post-9/11 GI Bill (chapter 33) benefits to choose the Post-9/11 GI Bill’s monthly housing allowance instead of the chapter 31 subsistence allowance.
On October 1, 2011, students will be allowed to use the Post-9/11 GI Bill for:
Non-college degree (NCD) programs: Pays actual net cost for in-state tuition and fees at public NCD institutions. At private and foreign institutions, it pays the actual net costs for in-state tuition and fees or $17,500, whichever is less. It will also pay up to $83 per month for books and supplies.
On-the-job and apprenticeship training: Pays a monthly benefit amount prorated based on time in program and up to $83 per month for books and supplies.
Flight programs: Per academic year, it will pay the actual net costs for in-state tuition and fees assessed by the school or $10,000, whichever is less.
Correspondence training: Per academic year, it pays the actual net costs for in-state tuition and fees assessed by the school or $8,500, whichever is less.
A housing allowance is now payable to students (other than those on active duty) enrolled solely in distance learning. The housing allowance payable is equal to ˝ the national average BAH for an E-5 with dependents. The full-time rate for an individual eligible at the 100% eligibility tier would be $673.50 for 2011. The new benefit will also allow students on active duty to receive a books and supplies stipend.
For more information on these changes and questions, visit the Department of Veterans’ Affairs web page at www.gibill.va.gov/benefits/post_911_gibill/index.html or by call 1-88-GIBILL-1 (1-888-442-4551).
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Read more at YouServed: http://www.vamortgagecenter.com/blog...#ixzz1RtRqA7qF
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