Posts Tagged ‘college scholarships’

New Veteran’s Benefits Summary, College Announces Tuition Freeze

December 12, 2008

Our guest blog article today is provided courtesy of Allied American University (AAU), a military friendly college that offers online associate and bachelor’s degree programs.
New GI Bill Benefits Will Send More Veterans to College
This past summer Congress voted to increase GI Bill benefits for American veterans, and US colleges are expecting to enroll more and more veterans, many of them fresh from the fighting in Iraq and Afghanistan. 

The increased benefits will allow many veterans to focus solely on school when they get out, instead of trying to balance full-time work while they tackle a degree. Right now there are currently 320,000 students taking advantage of GI Bill benefits, which is based on the federal program created at the end of World War II to help returning veterans pay for college.

Modifications to the GI Bill now allow veterans to attend private schools, in addition to providing them with a monthly housing stipend, as well as money to help pay for textbooks. 

“We’ll see a huge increase in vets going to school,” Rodrigo Garcia, Midwest regional director of Student Veterans of America told the South town Star. “Before they were hesitant to go to school because many of the vets have families and wanted to take care of them. It was too pressing to take classes, work full time and provide for the kids.”

The new GI Bill benefits will go into effect in Aug. 2009 and many experts predict that as many as 500,000 vets will enroll in college using the benefits. Many universities these days are proactive in making sure veterans enrolled at their respective schools know about the new benefits. 

The transition from the military to the university is often a difficult one for veterans.   There is certainly a world of difference between a typical 19-year-old freshmen and a veteran who may be in his late 20s, with multiple combat tours under his belt.

There are also veterans who have been diagnosed with post-traumatic stress disorder or have physical disabilities as a result of war-time injuries. Veterans with disabilities qualify for special assistance through the Vocational Rehabilitation and Employment Program of the VA, which may pay 100% of a veteran’s expenses until graduation.

Many veterans began their education before they separated from the service, by using Tuition Assistance to pay for classes at both community colleges and four-year universities. Some service members took classes online, which allowed them to study while deployed.

In the state of Illinois, for example, there are now 15,500 veterans enrolled in college. When the new GI Bill goes into effect next August, veterans who served on active duty after Sept. 10, 2001 will be eligible for benefits (some restrictions apply).

The government will pay the full-cost of tuition and fees for veterans who served three years on active duty or were injured. The housing allowance, for example, for a veteran in the Chicago, Ill.-area will be approximately $1,600 per month.  Veterans will also receive up to $1,000 annually for books and other school supplies, plus $100 a month for tutoring.

There are now a number of online universities that specialize in enrolling veterans and service members. Many of them offer textbook and military spouse scholarships, along with self-paced schedules and other military-friendly policies.
Good News from Merrimack College

Merrimack College (North Andover, MA) announced today that it will not raise tuition, room, or board next year.

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Don”t Let the Scholarship Scam Artists Get You

July 12, 2008

Used cars salesmen get much more bad press, but they’re a lot higher on the food chain than the scholarship scam artists who victimize tens of thousands of families a year.

Some in the higher education community believe these scammers put more than $100 million in their pockets every year.

Because the media bombard us with stories about escalating college costs, and because most of us know little about the availability of scholarships and financial aid, we’re often easy victims.

The con starts with a letter from a company named to sound like a benign organization whose mission is to assist students and their families.

The letter doesn’t look like the other junk mail you are deluged with every day. The company logo often looks like it might belong to Yale or Harvard, and the letterhead and paper look like they might come from the White House or a Fortune 500 company. Like the scammers themselves, the promotional materials they use look credible.

In nearly all the letters they send, the con men begin by reinforcing families’ fears about their ability to meet college costs. Not exactly a task requiring the intellect of a rocket scientist.

But, the letter says, we can help you. We can teach you how to get the financial aid you need. Your worries are over. In some instances the letters will mention “secrets colleges don’t want you to know”. Sometimes the letters will talk about millions of dollars in “unused” scholarships and financial aid; money just waiting to be found by and given to students who know the ropes (you!).

The letters are not always the same, but one element never varies. They invite you to come to a hotel function room or other reasonably large venue to learn more about financial aid and scholarships, at no cost. Sounds like a no-brainer, right?

The meetings are run by well- practiced pitchmen who tell families that their organization has the special knowledge and experience required to shake the most money off of the financial aid and scholarship trees. Their job, and they do it all too well, is to sell you help which is readily available elsewhere (and at no cost).

After the group presentation, families are invited to meet individually with staff members sometimes called counselors. In the world of sales, these folks are called “one call closers”…folks trained to close the sale immediately. Their job is very well defined: to get families to sign a contract and write a check for up to $2,000 before returning to the scam-free zones that are their homes.

Don’t be the victim of financial aid con men (and women). There are lots of good websites offering free scholarship searches and financial aid advice. And, high school counselors and college financial aid counselors will gladly give you advice and answer your questions. There is no need to turn elsewhere.