New GI Bill Lets Veterans Use Education Funds Whenever They Want

"There are more than 21 million former service members in the U.S. and about half of them use the GI Bill to pay for higher education. President Donald Trump updated those benefits in August, signing the Harry W. Colmery Veterans Educational Assistance Act (whats now being called the Forever GI Bill). Instead of a 15-year time limit, this new bill lets recent veterans access money for college throughout their lives," according to Marketplace.

"Capt. Mike Gonzalez, 31, served eight years as an Army medevac pilot, flying injured soldiers out of combat zones and watching doctors save them.

He was captivated by 'being able to witness these things firsthand that are just astounding,' Gonzalez said. He realized that he wanted to "be able to put my hands on patients and treat people.

So, when he finished active duty in December 2016, he enrolled at the University of Texas at Austin. Gonzalez already held a bachelor's degree in kinesiology, but he's using the GI Bill to take undergraduate biology and other prerequisites for medical school.

'In the long run, Im hoping to maximize that benefit in medical school, which is going to cost significantly more than undergraduate coursework,' he said."

NASFAA's "Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.


Publication Date: 11/14/2017

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