27 Dec '12, 7pm

Top Post-9/11 GI Bill payment to rise 6.2%

http://www.armytimes.com/news/2012/12/military-GI-Bill-new-nationwide-cap-122712w/ Top Post-9/11 GI Bill payment to rise 6.2% By Rick Maze - Staff writer Posted : Thursday Dec 27, 2012 14:13:07 EST The maximum Post-9/11 GI Bill payment for tuition and fees at private and foreign schools will increase to $19,198.31 for the 2013-14 academic year, the Veterans Affairs Department has announced. The new cap, which will take effect on Aug. 1, is a 6.2 percent increase over the current limit. That is almost double the 3.3 percent hike that took effect for the current 2012-13 academic year. The rate increase is determined by the average rise in the cost of undergraduate tuition, under a formula set in law. The Post-9/11 GI Bill pays full tuition for in-state students attending public schools but caps the maximum payment for private colleges and universities based on the national t...

Full article: http://www.armytimes.com/news/2012/12/military-GI-Bill-ne...

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Top Post-9/11 GI Bill payment to rise 6.2%

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