Those who are 100% eligible for the Post 9/11 GI Bill® are also eligible to receive Yellow Ribbon benefits through a match between Dickinson and the Veterans Administration. At Dickinson, the full cost of tuition and fees are covered by the combination of the maximum VA tuition benefit for private schools and the Yellow Ribbon benefit. Once the maximum VA benefit (determined each year by the VA) is applied, Dickinson covers half of the remaining tuition and fee amount through our Yellow Ribbon contribution. The VA then provides the remaining half of tuition and fees through their Yellow Ribbon contribution.
Dickinson does not place a limit on the number of Yellow Ribbon recipients; we provide the benefit to all eligible enrolled students. We also do not place a dollar limit in the value of our Yellow Ribbon match.
Post 9/11 GI Bill® eligible veterans may transfer some or all their 36 months of eligibility to dependents. The Veterans Administration determines eligibility for the program, and will provide to the recipient a Certificate of Eligibility (COE) in the student’s name. The COE must be shared with the Dickinson Financial Aid Office to process the student’s award.
Here is an example of how the funding for Yellow Ribbon works for our students this year:
|Dickinson Charges (2022-23):|
|Tuition and Fees:||$60,776|
|Room and Board:||$15,938|
|Financial Aid Award:|
|VA maximum tuition and fee benefit for private colleges:||$26,381.37|
|Dickinson Yellow Ribbon (1/2 remaining tuition and fees):||$17,472.32|
|VA Yellow Ribbon (the other half):||$17,472.31|
Subsistence allowance from the VA (BAH, paid monthly to the student):
Yellow Ribbon recipients also receive a book allowance of $500 per semester from the VA.
Timing, however, can be an issue. While the VA pays the tuition and fee and Yellow Ribbon benefits directly to the college at the beginning of each semester, the living allowance stipend is paid monthly to the student. For the student’s first semester, the family will have to pay the first semester bill for room and board; if the monthly stipends are saved each month, there should be sufficient funds accumulated to pay most of each subsequent semester bill.
Thirty-six months of eligibility will be sufficient to fund four years of enrollment. If a student has fewer months available, the student and family will need to discuss how best to use the limited benefit.
Students who have been offered a merit scholarship from Dickinson will retain the scholarship but receive less in Yellow Ribbon benefits, since the scholarship will reduce the tuition and fee charge we send to VA as part of our enrollment certification. Yellow Ribbon and VA education benefits will replace any Dickinson need-based grant aid but, according to federal regulation, VA education benefits do not count as estimated financial assistance when determining eligibility for federal Title IV aid.
Please contact Mackenzie Weaver (Dickinson’s VA Enrollment Certifying Official).
GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government web site at https://www.benefits.va.gov/gibill