Q: Good afternoon, I'm terribly sorry to bother you as I know you're very busy. My question is just as crazy as everyone else's. Recently, I found out about this new Post 9/11 GI Bill and I'm very interested in pursuing a degree with this. Is there a way to find out how much the housing allowance portion will be that is paid to the veteran? Once again, thank you for your time and consideration.
A: I really can't tell you how much you will get for the Post 9/11 GI Bill housing allowance without knowing where you will go to school. But you can calculate how much you would get. In the Duty Zip Code box, type in your school's zip code. In the drop-down Pay Grade field, select E-5. Click on the Execute button. When the results come up, you will get paid at the E-5-with-dependents rate.
Be aware, to get the housing allowance, you must:
have a rate of pursuit greater than half-time (usually 7 credits per term or more);
not take only online classes;
not be on active duty.
I don't know if you are aware or not, but you will also get up to $1,000 per year in a book stipend. That amount is good for 24 credits per year.
As far as your tuition and eligible fees, the VA will pay your school directly, up to the in-state maximum amount set for your state. If your tuition costs more than what the VA will pay, ask if your school is a Yellow Ribbon school. If so, your school may pay up to half of what the VA doesn't cover and the VA will pay an equal amount. This usually results in you having very little, or nothing, left to pay out-of-pocket. While the Post 9/11 GI Bill is not right for everyone, it is a very good GI Bill for most of the recent veterans wanting to get a four-year degree.