Yellow Ribbon Program
The Yellow Ribbon program is part of the Post 9/11 GI Bill specifically designed for students wishing to attend private colleges and universities. This program allows institutions of higher learning to fund tuition expenses that exceed the Department of Veteran Affair’s annual cap. For the 2013-14 academic year, the VA will pay a maximum of $19,198.31 to any private college or university, based on a student’s percentage of eligibility. For eligible students, Stevenson and the VA will divide any remaining tuition and fee charges 50/50 so that they are covered in full. Please note that tuition and fees do not include on-campus housing or meal plan charges; these expenses need to be paid by the student.
Stevenson currently offers unlimited enrollment to eligible students. Only veterans entitled to the maximum benefit rate (based on service requirements) or their designated transferees may receive this funding. Active duty service-members and their spouses are not eligible for this program (child transferees of active duty service-members may be eligible if the service-member is qualified at the 100% rate).
Veterans interested in using veterans’ educational benefits should submit their application online through the Department of Veterans’ Affairs website. The VA will determine eligibility and will send the student a letter which will indicate their percentage of benefits (40-100% based on length of service), as well as the amount of time awarded. For information on how to apply to transfer benefits to dependents, visit the GI Bill’s website: gibill.va.gov/benefits/post_911_gibill/transfer_of_benefits.html. The student should forward his Certificate of Eligibility to the School Certifying Official in the Registrar’s Office as soon as it is received. Any questions regarding the use of educational benefits should be directed to the school certifying official.