Financial Aid in the News

GI Bill Transferability Has Some Quirks (Stars and Stripes)

"Users of one of the most popular features of the Post-9/11 GI Bill - the option to transfer benefits to family members - will find a few quirks in how Congress designed the transfer provisions as they take effect in August," Stars and Stripes reports. "For example, spouses of active duty members who hope to use transferred benefits to attend private colleges will be delighted at the value of the benefit for them. It will cover full tuition and fees, with no ceiling, and therefore will be worth far more than benefits transferable to college-bound children or even benefits available to veterans using the full plan themselves. On the other hand, active duty spouses who use transferred benefits to attend public colleges or universities will have a more modest education package than other GI Bill users including eligible children. That’s because active duty spouses will not qualify the GI Bill’s monthly living allowance or annual stipend for books and supplies."

You can read the complete June 27, 2009 Stars and Stripes article on-line.

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