When it comes to online education, some students may feel as though the deck is stacked against them: there's much less person-to-person interaction, they have to be highly motivated to finish papers and assignments, and there are still finances to worry about, even if the costs for online education aren't as high. This is why knowing about programs that can help you out is so much more important than for an on-campus student, because they can at least visit an office and have someone explain everything to them. For you, though, you're reliant on articles, which is why we've put one out on the Yellow Ribbon program.
The Yellow Ribbon Program: The Details
Our country does a decent job of recognizing the efforts of military personnel, and the Yellow Ribbon Program is just another example of that. The Post-9/11 Veteran Educational Assistance Act of 2008 (GI Bill) started the YRP to help fund education for veterans, and works by dollar-for-dollar matching contributions that colleges and universities make.
It's designed to help veterans continue their education with a bit of financial help and in some cases, all of the financial help. Depending on the school, their program, financial aid package, and other education costs associated with getting a degree, veterans can receive up to 100% of their school costs covered by the YRP.
Lastly, the YRP isn't just restricted to public schools, and is open at any school that participates in the YRP: public schools, private schools, and online schools.
Eligibility for the Yellow Ribbon Program
Just saying a veteran can apply for educational financial assistance isn't enough, as the YRP has fairly strict guidelines on who's eligible:
You must be: eligible for the maximum benefit rate under the Post-9/11 Veteran Educational Assistance Act (GI Bill)
You must not be: on active duty or a spouse using transferred entitlement
Your school must: agree to participate in the Yellow Ribbon Program
Your school must not: have offered the Yellow Ribbon to more than the maximum number of individuals according to their participation agreement
Your school must: certify your enrolment to Veteran Affairs and provide Yellow Ribbon Program information
The following is a list of guidelines that you may also have to tick off, but you should always check with your school's policies first:
You served an aggregate period of 36 months in active duty after September 10, 2001
You were honorably discharged from active duty for a service-connected disability and you served 30 continuous days after September 10, 2001
you are a dependent eligible for Transfer of Entitlement under the Post-9/11 Veteran Educational Assistance Act (GI Bill) based on the service eligibility criteria we talked about in the previous paragraph
Unlike regular financial aid at a school, there's not an unlimited supply of funds in the YRP, but rather what a school sets aside in its agreement. The financial aid is also doled out based on a combination of accomplishments and promise, and not necessarily academic prowess or grave financial need. And lastly, the YRP funds tend to be given out on a first-come, first-served basis, so it's important you act fast and apply right away.