Veterans Benefits GI Bill

For the first time ever, Veterans Benefits GI Bill has put together a Top 25 Military-Friendly Colleges list for the military student community. By providing this list, we hope to further educate the active duty, reserve, veteran students and their family members, whether current or prospective, on the best colleges and universities available.

Veterans Benefit GI Bill chose our Top 25 Military-Friendly Colleges based on: the financial aid options available to service members, such as participation in the Post 9/11 GI Bill’s Yellow Ribbon Program and scholarships; the percentage of overall student recruitment budget allocated to recruiting military students; the school’s proximity to a military base and/or availability of distance learning programs friendly to personnel; the school’s academic accreditations; available military scholarships and tuition assistance; participation in the MyCAA program; and whether the school’s featured in other top military-friendly college lists.

For families that are relying on the family transferability option with the Post 9/11 GI Bill, the authorization of short term extensions will cease come the end of the year. This means that the only way to qualify for family transferability is to serve six or more years and also agree to serve four more years.

This is unsettling for several military members and stirs up a debate. On one hand, the benefits are part of the earnings of serving the military and should be available to the spouse and children of someone that’s been in the military for 10+ years, regardless of if they’re retired. On the other hand, the military needs some form of military retention so that recruitment demands are not as high, and the Post 9/11 GI Bill’s family transferability is one way to do it. The previous Montgomery GI Bill did not even allow family transferability.

Once a military personnel transitions from active duty to veteran, they have ten years to take advantage of their Montgomery GI Bill benefits. Ten years might seem like a long time, but over 40% of the Montgomery GI Bill benefits available were not used due to the fact that military personnel either (1) never intended to go to school or, (2) had no idea that their benefits would expire. More than one military benefits forum/comments section tells the story of a veteran that waited to use their benefits until graduate school, only to find out they were no longer available.

Does the same hold true for the Post 9/11 GI Bill? According to the Q&A and the V.A.’s website, the answer is thankfully no! Military members that qualify for the Post 9/11 GI Bill have 15 years until the benefits expire, a 150% increase to the Montgomery GI Bill’s time of forfeit.

The Army College Fund (ACF) is an enlistment benefit that may be added to either the Post 9/11 GI Bill or the Montgomery GI Bill.
In order to qualify for the ACF, you must participate in one of the two GI Bill programs. The ACF adds to the monthly benefits of either GI Bill.
As an example, [...]