• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • College Financial Aid
    • Financial Aid for College
    • Student Financial Aid Eligibility
    • Student Financial Aid
      • Student Loans for College
      • College Financial Aid 101
      • Need Based Student Loans
      • Financial Aid Forms (FAFSA & College Board’s Profile)
      • Military Student Financial Aid
        • College Benefits for Active Duty Military
        • National Guard Education Benefits
        • College Aid for Military Reservists
        • College Aid for Military Veterans
        • Military Dependent Financial Aid
    • Financial Aid Programs
    • Paying for College
  • Scholarships 101
    • College Scholarships (Overview)
    • College Scholarship Applications
    • College Scholarship Essay Writing Tips
    • Unusual Scholarships
    • Unclaimed Scholarships
    • Free College Scholarship Searches
  • Find a Scholarship
    • Latest Scholarship Postings
    • Student Scholarships by College Major
    • Scholarships for Hobbies and Interests
    • Sports Scholarships
    • Community Service Scholarships
    • Association Sponsored Scholarships
  • Find a Student Loan
    • Private Student Loans
      • Sallie Mae Student Loans
      • PNC Student Loans
      • Charter One Student Loan
      • Wells Fargo College Loan Programs
      • Texas Dow Employees Credit Union Loans
      • SunTrust Education Loans
    • How Do Student Loans Work?
    • Types of Private Student Loans
    • Student Loans to Cover Living Expenses
    • Private Student Loan Interest Rates
    • Graduate Student Loans from Private Lenders
  • Saving for College
  • Site Map

Financial Aid Finder

Your Guide to Maximizing your College Financial Aid

Financial Aid Finder HomePage
You are here: Home / Federal Aid / New GI Bill Takes Effect, Obama Speaks to Veterans

New GI Bill Takes Effect, Obama Speaks to Veterans

August 4, 2009 By mara

President Obama visited George Mason University yesterday morning to mark the start of a new GI Bill with expanded higher education benefits for post-9/11 veterans. The law’s new programs, expected to provide $78 billion in assistance over the next decade, issued their first payments to colleges on August 1st.

In his address to some 350 veterans, Obama confirmed his obligation to America’s servicemen and women. “We owe a debt to all who serve,” said President Obama. “And when we repay that debt to those bravest Americans among us, then we are investing in our future — not just their future, but also the future of our own country.”

Among other new benefits, post-9/11 veterans will be able to attend any in-state public university at no cost. “You pick the school, we’ll help pick up the bill,” said Obama about the new law.  Students will also receive a monthly housing allowance and annual textbook allowance (up to $1,000).

To be eligible for the full higher education benefit, one must have served for at least 90 aggregate days (or 30 consecutive days) since 9/10/2001. Benefits may be used for up to 15 years since the last date of discharge from military service. In addition to paying tuition and fees directly to the school, the new GI Bill will also pay a monthly housing stipend and a yearly books and supplies stipend directly to the individual.

If a school voluntarily enters the Yellow Ribbon Program, students may also have additional charges not covered by the Post-9/11 GI Bill paid for by his or her university. The Department of Veteran Affairs will match each additional dollar paid by the school.

Sallie Mae Student Loans Ad

Filed Under: Federal Aid, Financial Aid News Tagged With: college financial aid military, GI Bill, military education benefits, President Obama GI Bill, President Obama speech to veterans

Primary Sidebar

FinancialAidFinder Logo
Sallie Mae Student Loans Ad

Latest Scholarship Postings

Systems Consultants Scholarship (Deadline: March 31, 2023)

March 18, 2023 By The FinancialAidFinder Scholarship Team

Reno and Gloria Quilici Scholarship (Deadline: April 1, 2023)

March 18, 2023 By The FinancialAidFinder Scholarship Team

Nevada Air National Guard Scholarship (Deadline: April 1, 2023)

March 21, 2023 By The FinancialAidFinder Scholarship Team

General Fred Michel Memorial Scholarship (Deadline: March 31, 2023)

March 18, 2023 By The FinancialAidFinder Scholarship Team

More Scholarship Listings

Sallie Mae Student Loans Ad

Explore Financial Aid Finder

  • College Financial Aid
  • Saving for College
  • Military Financial Aid
  • Grants for College
  • Student Scholarships
  • Student Scholarship Search
  • Find Student Loans
  • Financial Aid Info
  • Register to Receive College Financial Aid Updates
  • About FinancialAidFinder
  • Contact Us

Tags

529 plans applying for scholarships college college financial aid college savings plan college savings plans college scholarship college scholarships college student loans college tuition community college debt distance learning education engineering scholarship essay scholarships expected family contribution FAFSA federal student loans financial aid financial aid application financial aid eligibility free money for college GI Bill grant Grants hispanic scholarships minority scholarships Pell Grant Pell Grants private student loans reduce cost of college saving for college scholarship scholarship applications scholarship essays Scholarships scholarships for college student financial aid student loan student loan consolidation student loan debt Student Loans Info tuition work study

Footer

About FinancialAidFinder
Contact Us
Privacy Policy
Cookie Policy

Scholarship Submissions

If you offer a college scholarship, you can submit it to us through this form:

Scholarship Submission Form

Copyright © 2023 · FinancialAidFinder - All rights reserved.