Office of Student Financial Services
Federal Veterans Benefit Information
Post 9/11 Veterans Education Assistance Act of 2008
This law established a program at the U.S. Department of Veterans Affairs to provide benefits for veterans of the Iraq and Afghanistan conflicts. The program provides benefits for up to 4 years [36 months] based on a proportional calculation of 36 months of duty or up to four academic years' annual assistance. This program also provides veterans enrolled full-time a monthly housing allowance based on military housing benefit rates and an annual stipend of $1,000 for books and supplies.
To be eligible for this program, you must meet certain qualifications:
The amount of your benefit will be proportionally based on your length of service, up to the maximum annual benefit of $20,235.02 per year.
Veterans eligible for the maximum benefit who are accepted to MCNY will have their full tuition covered by the Post 9/11 GI benefit or Yellow Ribbon program, as described in more detail below.
For more information on the Post 9/11 Veterans Assistance Act of 2009 please visit, www.gibill.va.gov
Yellow Ribbon Education Enhancement Program
MCNY will participate in the U.S. Department of Veterans Affairs’ new GI program. By enrolling in the Yellow Ribbon GI Education Enhancement Program and providing additional scholarships matched under the government program, the college will offer full tuition benefits to qualifying veterans of the Iraq and Afghanistan conflicts.
The Yellow Ribbon GI Education Enhancement Program (Yellow Ribbon Program) is a provision of the Post-9/11 Veterans Educational Assistance Act of 2008. This law established a program at the U.S. Department of Veterans Affairs to provide benefits for veterans of the Iraq and Afghanistan conflicts. The program provides benefits for up to 4 years based on a proportional calculation of 36 months of duty or up to four academic years’ annual assistance. Beginning with the 2014-2015 academic year, the maximum total annual award is $20,235.02. This program also provides veterans enrolled full-time with a monthly housing allowance based on military housing benefit rates and an annual stipend of $1,000 for books and supplies. (Please note that veterans who were enrolled at MCNY prior to January 4, 2011 will continue to have their full tuition covered by the VA under the prior structure of the program, so long as they maintain continuous enrollment at MCNY).
As a participant in the Yellow Ribbon Program, MCNY will meet 50 percent of charges remaining after the annual cap of $20,235.02 is applied. Because the program provides dollar-for-dollar matching funds for any voluntary tuition support by schools above this cap, qualifying veterans will be able to attend MCNY with all tuition paid.
Only individuals entitled to the maximum benefit rate (based on service requirements) may receive this funding. Therefore, you may be eligible if:
Complete the Yellow Ribbon Scholarship Application to notify us of your interest in the Yellow Ribbon Program. Submit the application to:
Metropolitan College of New York
Fax: (212) 625-2072
Montgomery GI Bill Active Duty (Chapter 30)The Montgomery GI Bill program provides up to 36 months of education benefits payable for 10 years following release from active duty. This benefit may be used for degree and certificate programs. Remedial, deficiency, and refresher courses may be approved.
Montgomery GI Bill Selected Reserve (Chapter 1606)This program provides up to 36 months of education benefits to members of the Selected Reserve, including the Army, Navy, Air Force, Marine Corps, and Coast Guard Reserves, and the Army and Air National Guard. This program does not require a person to serve on active duty to qualify.
Reserve Educational Assistance Program (Chapter 1607)REAP is an education program that provides up to 36 months of education benefits to members of the Selected Reserves, Individual Ready Reserve (IRR) and National Guard who are called to active service. The educational assistance allowance payable under REAP is a percentage of the Montgomery GI Bill rate based on the number of continuous days served on active duty.
Veterans Educational Assistance Program (Chapter 32)VEAP is available if you first entered active duty between January 1, 1977 and June 30, 1985 and you elected to make contributions from your military pay to participate in this education benefit program. Your contributions are matched on a $2-for-$1 basis by the government.
Survivors' and Dependents' Educational Assistance (Chapter 35)This program provides education and training opportunities to eligible dependents of certain veterans who died or are permanently and totally disabled as the result of a service-connected disability. The program offers up to 45 months of education benefits. Spouses have 10 years from the date the VA establishes eligibility to use the benefit. Surviving spouses of veterans who died while on active duty have 20 years from the date of the veteran's death to use the benefit. Children may use the benefit while they are between the ages of 18 and 26.
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