I'm considering joining the military before heading to college and I've heard there are ways for military personnel to finance their studies. Does anyone know how this works, especially for online college courses?
Absolutely, the military provides several educational benefits to help military personnel pay for their college studies. One is the Post-9/11 GI Bill, which can pay full tuition and fees at public schools or up to $28,937 per academic year for a private or foreign school. This Bill also provides a monthly housing allowance and money for books and supplies. The Bill covers up to 100% of your tuition, depending on how long your active service lasted.
Another option is the Montgomery GI Bill, which requires a $1,200 contribution while you're in the service. It covers up to 36 months of education benefits and the amount you receive will depend on factors such as the type of training you take and your category.
There's also the National Call to Service program. Upon completion of the service requirements, participants may elect one of the following benefits: cash bonus, repayment of a qualifying student loan, or an education allowance for 12 months.
Lastly, the Tuition Assistance (TA) program may cover up to 100% of your tuition during your time of service, with a limit of up to $250 per semester credit hour and a maximum of $4,500 per fiscal year. Note that each branch of the military has its own TA application form and eligibility requirements.
If you're looking at online college courses specifically, both the Post-9/11 GI Bill and the Montgomery GI Bill can be used towards distance learning programs.
Remember that in all cases, it's important to check directly with both the military and the college to understand what's covered and how to apply your benefits. Military support offices in most colleges can often be quite helpful in this regard.
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