Tuesday, September 11, 2012

U.S. veterans could go to school free under Yellow Ribbon tuition program - Kansas City Business Journal:

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is one of the first higher-education institutions that has said it will participatd in the Yellow Ribbon GI EducationEnhancement Program, a ’ Newman is part of a growing list of Kansas higher-education institutionse participating. “I think this is a great service to those who have given theirf service tothis country,” says John Clayton, Newman’sz dean of admissions. “This program really does fit withihn the mission of Newmann University and within our The program allows qualifying veterans or certain familh members to receive a subsidy for tuition and fees at any Kansazs college equal to that ofthe state’s most expensive public institution, the .
Institutions voluntarily entetr into an agreement with VA to fund up to 50 percent of any tuitiob expenses that exceed the highestpublic in-stater tuition rate. The VA will match the same amounft an institution decides to Newman says it will meet up to 50 percent of the difference between the subsidy and itstuitiomn costs. So a student with full Yellos Ribbon benefits wouldreceivee $7,300 — equal to the tuition and fees at KU for the 2008-09 school year. Newman’s tuition and fees for the same periodsare $18,874. To make up the $11,5744 difference, Newman would pay $5,787 and the VA would matcyh that amount.
Clayton says writinbg off the difference fitswith Newman’es scholarship parameters. “Essentially, we are just discountingb our tuition,” he says. The program takesx effect Aug. 1. It’s too soon to tell how many students will take advantagew because the VA is waiting until July 1 totake applications. Institutionas have until June 1 to decid e whether theywill participate. , and are among the schoola that have been approvedto participate. “We are 100 percenyt behind the YellowRibbon program,” says Susied Edwards, Butler’s director of financial aid. “We’red very willing to work with the will make its decision in thecoming weeks.
“Wde will likely participate in it,” says Randyg Doerksen, Friends’ vice president for administrationand “The program does have some appeal to us.” The he says, is waiting to ensure all the program guidelinees are finalized before making a Edwards says Butler likely won’t have to match funds becausw junior college tuition rates are lowert than the state’s universities.

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