IAVA is fighting for a critical update to New GI Bill 2.0 that will exempt veterans currently enrolled in private schools from the new tuition cap if it cuts their benefits. At the same time, we encourage private schools like Columbia University to also participate in the Yellow Ribbon Program. Designed to complement the New GI Bill, this historic program provides private schools that offer scholarships or grants to veterans with matching funds up to the full cost of tuition. The Department of Veterans Affairs (VA), IAVA, The American Legion and Student Veterans of America (SVA) widely promote the program today.
Many private schools are technically participants in the Yellow Ribbon Program. Schools in states with abnormally high tuition rates, however, have benefitted from old rules that allowed them to make minimal financial contributions to their student veterans’ education. The updated Yellow Ribbon Program is a more cost-effective way for schools to show their support while closing the cost gap for veterans on their campuses.
We will continue to push Congress to grandfather in all veterans already attending private schools, but we call on those same schools to actively support their student veterans through the VA’s Yellow Ribbon Program.
For the latest updates on the New GI Bill follow IAVA on Twitter @NewGIBill.