VFW says Thank You for new GI Bill

"WASHINGTON, June 26, 2008 – The Veterans of Foreign Wars of the U.S. is saluting Congress for the overwhelming passage of a new GI Bill for the 21st Century. The bill, S. 22, the 'Post 9/11 Veterans Educational Assistance Act,' was attached to the war funding supplemental that the House passed June 19 and the Senate is predicted to approve this evening. President Bush is expected to quickly sign it into law."

S. 22 will pay the highest in-state public tuition rate, and provide for
books, fees, and a living stipend. It eliminates the $1,200 enrollment fee,
extends the use-or-lose benefit requirement from 10 to 15 years, and greatly
enhances the amount paid to Guard and Reserve members. The new GI Bill
automatically adjusts itself as tuitions increase, and provides a
dollar-for-dollar tuition match for private colleges and universities who choose
to participate in the program. A new provision added to the bill allows
reenlisting servicemembers to transfer their educational benefit to their spouse
and/or children. The transferability provision – which is endorsed by the
Defense Department – was proposed by Sens. Richard Burr (R-NC), Lindsey Graham
(R-SC), an Air Force Reserve colonel, and John McCain (R-AZ), a Vietnam veteran
who was held as a prisoner of war in North Vietnam for five and a half
years.

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