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EBM
Joined: 16 Dec 2010
Last visit: 19 Apr 2024
Posts: 750
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Affiliations: HBS Class of 2013
Location: United States (TX)
Schools: HBS '13 (A)
22 Feb 2011, 22:39
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You can see all the changes here: https://www.gibill.va.gov/post-911/post-911-gi-bill-summary/Post911_changes.html
The biggest one is that it won't pay a certain amount per credit hour based on undergrad tuition rate for your particular state. It will pay a max of $17,500 per year for private schools or graduate degrees, which means more funding towards an MBA for every state I've checked. It's particularly nice in California, which previously only paid about $300 per credit hour because of the fact that undergrad tuition is very low here. $300 per credit hour doesn't go very far for an MBA.
EDIT: Oops, was thinking GI Bill instead of Yellow Ribbon. Yellow Ribbon information is here: https://www.gibill.va.gov/post-911/post-911-gi-bill-summary/yellow-ribbon-program.html
As far as I know there haven't been any changes to it--it'll still cover whatever tuition and fees remain after the GI Bill pays its share, provided you're at the 100% level on the GI Bill.
Updated on: 24 Feb 2011, 22:17
Originally posted by mbanimal2011 on 23 Feb 2011, 00:43.
Last edited by mbanimal2011 on 24 Feb 2011, 22:17, edited 1 time in total.
Last edited by mbanimal2011 on 24 Feb 2011, 22:17, edited 1 time in total.
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My bad on that, I mixed them up. Certain schools do have caps on the yellow ribbon though right? I havn't experienced it in undergrad, but I think with a private school MBA it may come in to play. Usually schools will post their yellow ribbon support based on undergrad/grad(professional/law). My understaniding is that whatever dollar amount allocated by the school will be matched by the VA. So for a 100% post 9/11 GI bill MBA student it will be GI Bill up to cap + yellow ribbon dollar amount by school (times two, provided by VA).
