The GI Bill and Private and Public Colleges

USA Today has taken a look into the concerns private and public college institutions have had in assessing the benefits of the new Post 9/11 GI Bill.

For government colleges, such as state universities, the benefits are laid out relatively simply: essentially, the new GI Bill covers a flat percentage of the tuition based on the amount of service in which the veteran was enlisted since September 11, 2001. For accredited colleges that are owned privately but offer the same educational opportunities as state universities, this can pose a problem, because semester tuition fees are variable by school.

To address the resulting concern, the government has come up with a solution: the same amount that the student will have received upon attending an in-state school will be payed for by the government. Private schools may help front the costs of tuition, with government programs then reimbursing part of this contribution in order to close the resulting financial gap. Private and public colleges both have formulated solutions to address the concerns veterans have in looking to take advantage of the Post 9/11 GI Bill.

Additional information is provided by the entire USA Today article: “Private colleges still have questions about new GI Bill.”