A few days ago
Anonymous

GI Bill; good deal or zero sum game?

I recently read an article that mentioned a young man who had joined the military in order to obtain educational benefits for law school. However, when he was finally discharged, and used his GI Bill to pay for law school they considered his GI Bill funds a financial resource. Therefore, the grants/loans offered to him were significantly lower. He ultimately paid the same amount for school as if would just gone to school straight outta his undergrad.

I have never heard of such a thing. Is this common or the exception?

Top 1 Answers
A few days ago
Jdub

Favorite Answer

GI Bill is counted as a financial aid resource. It does not however impact one’s eligibility for GRANTS. If the student is eligible for Pell, ACG, SMART, SEOG or state grants by virtue of their EFC, they will get them along with their GI Bill.

Loans are a different story. Depending on the student’s chapter of eligibility and cost of attendance and other aid, the student may or may not be eligible for loans.

If the GI Bill was counted against grant eligibility, someone is not clear about the regulations as they pertain to financial aid and GI Bill.

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