U.S. Army Education Benefits: Active Duty
From active duty benefits like GoArmyEd to the good old GI Bill, your U.S. Army education benefits ensure you'll be able to get the education you need to excel, both during your military career and after you re-enter civilian life. The following is a short tour through the various programs offered by the U.S. Army. Education benefits are designed for active duty personnel and veterans alike.
The GI Bill has been helping America's veterans get a quality education since 1944, when it was enacted to help veterans returning from World War II. Today's GI Bill has two principle versions:
The Montgomery GI Bill: If you have served at least 36 months of active duty and have made your $1,200 contribution, you could go to school for 36 months and earn up to $1,368 per month.
The Post-9/11 GI Bill: This is the newest manifestation of the GI Bill. If you served a minimum of 90 days active duty on or after September 11, 2001, you may qualify. This latest version of the GI Bill pays a larger portion of your education costs then its elder cousin Montgomery.
U.S. Army Tuition Assistance
In addition to military-wide benefits, the Army offers a number of specific education programs:
U.S. Army Tuition Assistance: For soldiers who pursue their educations during their off-duty hours, this program pays up to $250 per credit hour, with an annual limit of $4,500.
U.S. Army Tuition Assistance Top Up: Allows soldiers to use a portion of their GI Bill benefits to cover tuition costs over and above the $250 per credit hour paid for by the tuition assistance program.
The Army College Fund: For soldiers who enlist in a critical skill for a six-year hitch. You could get almost $40,000 in addition to your other U.S. Army education benefits.
Army Voluntary Education Programs
The Army offers other education benefits apart from the above tuition assistance programs such as:
GoArmyED: A new program from the Army Continuing Education System, GoArmyEd is a portal for today's tech-savvy soldiers to manage their U.S. Army tuition assistance benefits.
Servicemembers Opportunity Colleges: A network of colleges offering degree courses for soldiers and their dependents.
Concurrent Admissions Program: More than 1,900 schools that give credit for the training you receive in the Army.
Last, but not least, is the College Loan Repayment program. If you join the Army for at least three years, and participate in this program instead of the GI Bill, the Army may repay up to $65,000 in student loans.
Federal Student Aid
Another source of education benefits are federal loans and grants. Stafford loans have multiple option re-payment terms to fit your economic situation. A common education grant is the Pell grant, which does not need to be repaid.