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Calculating Post-9/11 GI Bill® Benefits

Because Vanderbilt University is a private university, students who receive Post-9/11 GI Bill® benefits are subject to a maximum tuition and fee reimbursement per academic year (August 1 through July 31). The amount of the national cap changes each year on August 1. The amount of funds that are available on August 1 can be used from August 1 to July 31 of the following year.

When VA benefits are calculated, the amount of this national cap must be expended before Yellow Ribbon Program benefits can be awarded.

Yellow Ribbon Program

The percentage of eligibility (POE) must be 100% for the student to be considered for the Yellow Ribbon Program. Dependents (spouse or children) receiving the Marine Gunnery Sergeant John David Fry scholarship are not eligible for the Yellow Ribbon Program. Service members and their spouses are not eligible for the Yellow Ribbon Program if the service member is on active duty. Children of a service member who is on active duty are eligible for the Yellow Ribbon Program.

To determine how much would be covered each semester, please complete the following steps:
  • List the tuition for the semester.
  • Subtract any scholarship payments for tuition and fees, tuition discounts, and/or tuition awards. This will provide the billable amount of tuition.
  • Multiply the Post-9/11 GI Bill® national cap for the academic year by your percentage of eligibility (POE). This is the maximum amount of money that you will receive for tuition and fee payments for the academic year.
  • Subtract the national cap funds from the billable tuition.
  • If the money that you will receive from the national cap is less than the billable amount of tuition, the remainder is considered to be unmet need.
  • If a student is eligible for the Yellow Ribbon Program based on the eligibility criteria listed above, the student may receive matching Yellow Ribbon funds up to the maximum Yellow Ribbon Program award for the academic year from Vanderbilt and the VA based on unmet need.
  • Any remaining amount not covered by the Post-9/11 GI Bill® Program or the Yellow Ribbon Program is the responsibility of the student.
The following is an example of an undergraduate student veteran who was not on active duty and had a percentage of eligibility (POE) of 100% making the student eligible for the Yellow Ribbon Program for the 2016-2017 academic year.

 

Fall 2016

Spring 2017

Tuition

$22,248

$22,248

Subtract tuition scholarships, discounts, or awards

$0

$0

Billable Tuition

$22,248

$22,248

Subtract national cap funds

$21,970.46

None available

Remainder is unmet need

$277.54

$22,248

Yellow Ribbon ($6,000 max)

$138.77

$5,861.23 (expended max)

VA Yellow Ribbon match

$138.77

$5,861.23 (expended max)

If the undergraduate student veteran who was eligible for the Yellow Ribbon Program for the 2016-2017 academic year received any aid designated for tuition and fees, the student may not receive the full Yellow Ribbon Program maximum:

 

Fall 2016

Spring 2017

Tuition

$22,248

$22,248

Subtract tuition scholarships, discounts, or awards

$10,000

$10,000

Billable Tuition

$12,248

$12,248

National cap available

$12,248

$9722.46

Remainder is unmet need

$0

$2525.54

Yellow Ribbon ($6,000 max)

$0

$1262.77

VA Yellow Ribbon match

$0

$1262.77

Example of a student who does not qualify for the Yellow Ribbon Program:

If the undergraduate student has a percentage of eligibility (POE) of 60%, the student would not be eligible for the Yellow Ribbon Program. The student would only be eligible for 60% of the national cap. ($21,970.46 times 60% = $13,182.27) *

 

Fall 2016

Spring 2017

Tuition

$22,248

$22,248

Subtract tuition scholarships, discounts, or awards

$0

$0

Billable Tuition

$22,248

$22,248

Subtract national cap funds

$13,182.27*

None available

Remainder is unmet need

$9065.72

$22,248

Yellow Ribbon ($6,000 max)

Not eligible

Not eligible

VA Yellow Ribbon match

Not eligible

Not eligible