IF YOU ARE RECEIVING CHAPTER 33 BENEFITS, PLEASE REVIEW THIS PRESENTATION IN ITS ENTIRETY, AS YOUR BENEFITS WILL BE CHANGING EFFECTIVE AUGUST 2011 Changes.

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Presentation transcript:

IF YOU ARE RECEIVING CHAPTER 33 BENEFITS, PLEASE REVIEW THIS PRESENTATION IN ITS ENTIRETY, AS YOUR BENEFITS WILL BE CHANGING EFFECTIVE AUGUST 2011 Changes to Post 9/11 GI Bill

BAH Entitlement Currently, if you are enrolled over half time (>50%) you receive BAH at your applicable percentage Change: BAH entitlement will be prorated based on training status- ex. If you are enrolled ¾ time, you will receive ¾ rate BAH (your applicable percentage still applies)- will be rounded to the nearest 10 th.

Tuition and Fees If you are approved at 100% and are an instate resident, VA will cover 100% of tuition and fees- this includes all programs, undergrad and grad (even MBA)  If you receive a percentage, VA will still pay that percentage of your tuition and fees  Ex- you are approved at 80%, VA still pays 80% of your tuition/fees Yellow Ribbon program still exists for out of state students approved at 100% In addition, if you receive certain other forms of aid (scholarships, grants etc.) these amounts must be subtracted from the total cost of tuition before we report to VA- you can no longer “double dip”

Out of State Students The new law has changed how VA will pay for out of state students In state cap of $606.63/credit hour has been eliminated VA will now only pay the in state rates for out of state students For example: o In state student enrolled full time is charged $ o Out of state student enrolled full time is charged $ o VA will now pay the $ for the out of state student and the difference of $ is the students responsibility

Active Duty Active duty are now eligible for the book stipend This change is effective 1 October 2011

DE Students Students enrolled in DE programs will now be eligible for BAH at ½ the national rate- approx. $673.50/month  Applicable percentage still applies- if you are approved at 80%, you will receive 80% of this rate  This change is effective 1 October 2011

Break Pay Currently, students receive their monthly stipend over a break that is not more than 56 days. Example, students get paid over Christmas break Change- there will be no more break pay for any student for any reason. You will only be paid for days you are in school. Example: Fall semester School starts 17 August- first payment on 1 Sep for 17 Aug- 31 Aug School ends 15 December- last payment on 1 January for 1 Dec- 15 Dec Spring semester School starts 10 January- first payment 1 February for 10 Jan-31 Jan School ends on 15 May- last payment 1 June for 1 May-15 May *** These months are partial BAH months- no payment will come over the summer unless you take summer classes, and will only come for the days enrolled

More Information This is your benefit, please be informed. Go to the GI Bill website to see all the changes

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