Financial Aid in the News

More Than 500 Colleges Commit to Participate in New Veterans' Program (The Chronicle of Higher Education)

"Starting this fall, veterans will be able to attend more than 500 private colleges and out-of-state public institutions at a reduced price, thanks to a dollar-for-dollar federal matching program created under last year’s GI bill," The Chronicle of Higher Education reports. "Monday marked the final day for colleges nationwide to commit to the Yellow Ribbon Program, under which the federal government will match any financial aid that participating colleges provide to veterans above the cost of the most expensive public college in their state. Under the expanded GI bill, veterans of the wars in Iraq and Afghanistan can attend in-state public colleges for free or apply the money toward the cost of an out-of-state or private institution. As of last Thursday, 573 colleges had reached yellow-ribbon agreements with the U.S. Department of Veterans Affairs. Of those, 401 are private, nonprofit institutions; 112 are proprietary institutions; and 60 are public institutions."

You can read the complete June 16, 2009 Chronicle of Higher Education article on-line.

Additional Media Coverage

Preliminary Numbers on Yellow Ribbon Participation Inside Higher Ed

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