Awarding our Veterans and their Families

Awarding our Veterans and their Families

Agenda

• Point of Contact

• Types of benefits available

• Regulatory requirements

• Packaging

Who are our veteran beneficiaries?

• Nontraditional students whose academic paths are shaped

by military service

• Persist in their education despite numerous challenges

• Are largely enrolling in and graduating from public schools

• Pursue high-growth, high-demand fields

• Use benefits to achieve higher levels of education

Student Veteran Graduation Rate**SVA Million Records Project

Who is our point of contact?

• Certifying official

• Director

• Veterans Affairs

• Advisor

• Other

Putting it all Together

Tuition/Fees

Room & Board

Books & Suppl.

Transportation

Miscellaneous

$30,000

$12,000

$2,000

$1,000

$1,000

Tuition Specific Sch

Pell Grant

Subsidized

Unsubsidized

Post 9/11 GI Bill @ 80%

$16,000

$2,000

$3,500

$4,000

Josephine Sergeant – Post 9/11 Beneficiary, Independent 1st year student

VA says it will give Josephine up to 80% of annual cap ($20,235) after her scholarship has been applied:

$11,200

Total: $34,900

$30,000 - $16,000 = $14,000 $14,000 x $80% = $11,200

Comprehensive costs: $46,000

Putting it all Together

Tuition/Fees

Room & Board

Books & Suppl.

Transportation

Miscellaneous

$30,000

$12,000

$2,000

$1,000

$1,000

General Scholarship

Pell Grant

Subsidized

Unsubsidized

Post 9/11 GI Bill @ 100%

Yellow Ribbon

$17,000

$2,000

$3,500

$4,000

Josephine Sergeant – Post 9/11 Beneficiary, Independent 1st year student

VA says it will give Josephine 100% of cost of tuition (capped at $20,235) but scholarship can be applied towards all comprehensive costs including books. She was also awarded a Yellow Ribbon scholarship:

$46,000 – $17,000 = $29,000

$20,235

$8,765

Total: $54,500Comprehensive costs: $46,000

$29,000 - $20,235 = $8,765

Putting it all Together

Tuition/Fees

Room & Board

Books & Suppl.

Transportation

Miscellaneous

$30,000

$12,000

$2,000

$1,000

$1,000

Tuition Specific Sch.

Pell Grant

Subsidized

Unsubsidized

Montgomery GI Bill

$16,000

$2,000

$3,500

$4,000

Pedro Jiminez – Montgomery GI Bill Beneficiary, Independent 1st year student

VA says it will give Pedro his full monthly benefit of $1,648 each month enrolled full-time, regardless of any other scholarships applied. Pedro will be taking 9 months of classes.

$1,648 x 9 months = $14,832

$14,832

Total: $40,332Comprehensive costs: $46,000

The Veteran’s Award: Housing Allowance

HEA Sec. 472: Cost of Attendance and BAH

For students living in housing located on a military base or housing for which they receive a military housing allowance (Basic Allowance for Housing,

“BAH”), the room and board COA component shall include an allowance for board only.

The Veteran’s Award: Housing Allowance

SCO Handbook V3: Distance Learning and the Housing Allowance

Effective October 1, 2011. Individuals only enrolled in distance learning courses will be eligible for a monthly

housing allowance equal to 50% of the national average of all Basic Allowances for Housing.

Putting it all Together

Tuition/Fees

Room & Board

Books & Suppl.

Transportation

Miscellaneous

$30,000

$12,000

$2,000

$1,000

$1,000

Tuition Specific Sch.

Pell Grant

Subsidized

Unsubsidized

Post 9/11 GI Bill @ 100%

Yellow Ribbon*

Rosie Riveter – Post 9/11 Beneficiary, Independent 1st year student, distance learner living on military base

$16,000

$2,000

$3,500

$4,000

Total: $39,500

$5,000

$40,000

VA Pays 100% of tuition minus scholarship $30,000 - $16,000 = $14,000

$14,000

None

Comprehensive Costs

*Rosie is still active duty, so therefore ineligible for Yellow Ribbon funds

Student is packaged above the COA. How can this be?

ED Electronic Announcement 8/13/09Institutions may not exclude from COA the

amount of VA education benefits

VA Awarding Considerations

• Limiting veteran student loan debt

• Transparency surrounding the combination of VA

Benefits with institutional aid

• Gap between FAFSA and VONAPP: how to identify

students sooner

QUESTIONS?

Melody DeFlorio, Associate Director Norwich [email protected]