So How Much Is the Post 9/11 GI Bill Really Going to Pay?
Q: My question is under the New GI Bill. It states that it pays the instate most expensive public school. My state is Idaho which on this site it says it pays $2,428 but Idaho state university costs $2,708 and Boise State is $3,400. So how much is it actually going to pay for the most expensive or the $2,428 that this site says is the max?
A: Right now, the Post 9/11 GI Bill for Idaho will pay up to $273 per credit and up to $2,428 in fees per term. Twelve credits comes out to $3,276, which is more than enough for Idaho State, but about $300 per term short for Boise State, currently listing their tuition at $3,594 for full-time 12-18 credits.
But starting on August 1st with the fall term, the instate maximums are gone and the Post 9/11 GI Bill will pay actual public school charges for the school’s undergraduate program. That change came about as a result of the passage of the GI Bill 2.0.
The other things that will change are the elimination of interval pay and prorated housing allowance, based on the number of credits taken per term. Right now, a students in the same school zip code get the full housing allowance whether they are taking 50% of the number of full-time credits or a full credit load. While I understand rent or a mortgage payment is not based on how many credit hours a student takes, it never seemed fair to me considering how much more work a full credit load is compared to a little over half a credit load. But that is just my opinion having been a full-time student back a few years ago (quite a few).
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Stumble!
