2011,Dec
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New GI Bill Offers Flexibility For Veterans

in News, by Jimmy

There are some big changes for military students with the post 9/11 GI Bill. Veterans who want to purse a higher education have more options than ever before when it comes to picking a school of their choice. In addition to 4-year universities, students can also choose from vocational schools, apprentice programs and technical schools.  

Vocational training has the ability to help around 13,000 veterans obtain jobs. These vocational programs are suitable for veterans who want to secure employment as soon as possible and who aren’t looking for a job that requires a four year degree. Examples of vocational schools include; real estate, cosmetology, electrician, plumbing and information technology.  

Many Americans are currently out of a job and the government hopes that these training options will give veterans the ability to hone their skills. The government is broadening the options for schooling with the intention of reducing unemployment for veterans; women in particular. Statistics provided by the U.S Department of Labor show that 16.6 of female veterans are currently unemployed. In order to combat the problem of unemployment, the current administration has introduced Obama’s American Job Act which provides a tax credit for any company who hires an unemployed veteran.  

One of the big changes is that the Post 9/11 GI Bill now makes the housing stipend available to online student. Traditionally, this stipend was only available for students attending traditional 4-year universities and colleges. The new changes will take place in October of 2011. The Post 9/11 GI Bill also allows for an annual $1,000 stipend for college text books. The annual maximum for veterans attending a private university is $17,500. Visit Army education online for information about online university programs.  

One major change is that break pay will no longer be in effect. This means that students will not receive benefits between enrollments. Students benefiting from the Montgomery GI Bill have the ability to switch over to the Post 9/11 GI Bill. Trident University offers online military education to veterans. 

The GI Bill first went into affect in the mid 1940′s in order to help World War II veterans obtain a higher education. It also helped to provide veterans with access to various loan programs. The home loan program allowed many ex-military personnel to purchase their own home in the suburbs. Trident military distance education offers online bacehlor degree programs.

The new GI Bill offers veterans even more flexibility and versatility when it comes to their education and future.

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2011,Dec
W

Federal Financial Aid For Those Who Need It The Most

in college budgeting, by Jimmy

Pell Grant is an educational aid sponsored by the US Department of Education for undergrad students from financially weak families. To apply for the grant a student has to fill and submit the FAFSA or Free Application for Federal Student Aid form, which serves as the Pell grant application.

The Pell grant is considered an ideal model for educational aid and numerous other grants and aid have been established with similar models. The grant was named after Sen. Claiborne Pell of Rhode Island who was one of the creators of Basic Educational Opportunity Grants, which was later renamed as Pell Grant. A grant, unlike student loans, doesn’t need to be repaid.

All that an aspiring applicant needs to apply is to fill out and submit the Pell Grant Application form – FAFSA. The form can be produced and submitted in multiple ways. One, you can have the form failed to you and you can fill and mail it back. The second method is to download the online form, fill it and mail it using regular post. The third option is to fill out and submit the form online. Obviously, online Pell Grant Application is the fastest means of getting your application through.

Applicants re required to generate an unique identification number to validate the application. If you are a dependent, your parents or guardian are also required for a PIN. The processing may take two to three weeks but the applicant can always check the status of the application online and generate the Student Aid Report.

There are 5,400 participating schools for Pell Grant in the United States. The actual amount of the grant depends on the calculated EFC, tuition fees, the duration of the course etc., the maximum amount is in the range of five thousand dollars. If there’s an excess of the grant, the student can always claim it from the school.

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