02 May How Your Family Can Use Your G.I. Bill Benefits Too
Under current rules, troops who serve six years and commit to at least four more can transfer their education benefits to a spouse or child to attend college. That covers tuition payments, book stipends and, in many cases, housing costs.
The Veterans Affairs Department says more than 928,000 spouses and dependents used G.I. BILL funds to attend schools in the first five years that the Post-9/11 version was offered. That added $5.6 billion to the cost of the education benefits. What if you do not qualify to transfer your G.I. BILL? or you want to use
the whole thing. How can you leverage your benefits to make sure your loved ones get an education as well? Statistics show that households where one or both parents attended some kind of post-secondary training are twice as likely that their children will also attend college or training post high school.
At ALU we offer spouses and dependents a discount on tuition, books and fees. If you and your family member are attending together, we also offer a multi student discount. More than one student in a household qualifies you for this discount. Combined with available grants, your G.I. BILL and other funding sources, it is likely your spouse or dependent will be able to attend with zero out of pocket. Ask a representative for an estimate with no obligation.
Watch for this:
Some schools may offer a discount on tuition but not books, fees and other charges. Be sure to check the school’s policy and make sure it covers the total cost. Ask a member of ALU’s staff for assistance in mapping out you and your families academic program.