Can I Use the Yellow Ribbon Program If I’m at the 70% Tier?
Q: I am attending a public vocational school and recently I switched to the Post 9/11 GI Bill, but have yet to use any of the benefits after I made the switch. Does the Post GI Bill cover the cost of the school like it would at a state college? I am only entitled to 70%, yet the paper states something about for those that are receiving 100% they are eligible for the Yellow Ribbon Program. Am I still eligible? Thank you. in advance!
A: It is too bad you already switched as the Montgomery GI Bill (MGIB) would have covered your vocational training, however, I’m doubtful the Post 9/11 GI Bill will. If your vocational school also teaches degree-producing courses (at least an associate’s degree), you may have a chance of your course being paid for by the Post 9/11 GI Bill. If not, in the end, it probably isn’t going to make any difference if you are at 70% or 100% as I don’t think your course will be covered.
As far as the Yellow Ribbon program, yes, it is for individuals that are at the 100% tier of the Post 9/11 GI Bill. How it works is if your tuition exceeds what the Post 9/11 GI Bill will pay, and your school is a Yellow Ribbon school, they can pay up to half of the difference not paid by the GI Bill and the VA will pay an additional amount. In the end, this leaves very little, if anything, left for you to pay out-of-pocket.