Veteran Home Loans







At over $1,000 a month, GI Bill income is sizable. Fortunately, veteran education benefits are not reportable to the Internal Revenue Service.
 
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Montgomery GI Bill

-- Getting Started Early is the Key
-- Online Education and GI Bill Friendly Schools
-- GI Bill Issues: Earned Credits, Taxes, etc.
-- GI Bill and Your Family

Montgomery GI Bill & Family Members
It is up to each individual branch as to whether to allow family members to utilize unused GI Bill benefits. Currently, the Army has a program which allows it, but only for personnel in certain MOS's. The very best thing a military member or veteran can do is to contact a local military installation and get connected to the Education Office. The personnel in this office will be able to answer questions about specific situations.

VEAP: Who is Eligible?
The Veteran's Education Assistance Program was used between 1977 and 1985. It let military members contribute almost three thousand dollars toward their veteran education, with the Department of Defense adding double that amount.

Like the GI Bill, those eligible for VEAP have a ten year window to use the funds once they leave active duty. Contributions to VEAP were replaced by the current GI Bill program, with VEAP ending in 1987. Those on active duty under the "New" GI Bill program are not part of VEAP, and there is no longer an active VEAP for veteran education money--those who were eligible between '77 and '85 are still able to draw the money, but all others are in the current program.

The DEA: A Little-known Dependent Education Benefit
The Dependents Educational Assistance plan or DEA was designed to help dependents of veterans in specific circumstances, including POW and MIAs, and those either totally disabled or totally disabled vets who have passed away. This veteran benefit is not automatic, it must be applied for through your local VA office by filing a claim for benefits.

Spouses and children who meet the requirements are eligible for the DEA veteran benefit. Once approved, 45 months of DEA benefits are authorized, which include payment rates based on the GI Bill payment chart for full and part time enrollment into eligible schools.

GI Bill is Not Just for College
Many people assume their Montgomery GI Bill is meant just for a traditional 4-year degree. Fortunately the MGIB is far more versatile.
  • Those who have a private pilot's license and meet medical requirements can use the Montgomery GI Bill to pay for flight training.

  • Students attending vocational schools and technical schools are also eligible to use the MGIB, if they meet certain requirements.

  • Those who dream of running a small business will be pleased to know the Montgomery GI Bill covers courses offered by the Small Business Administration at Small Business Development Centers across the U.S.

  • The Montgomery GI Bill also pays for classes offered by the National Veterans Business Development Corporation.

  • The GI Bill even covers testing for certifications and licensing, and such testing is paid for regardless of outcome--if you perform badly the first time out, you may retake the test or recertify, again, paid for with the MGIB.
The bottom line; The Montgomery GI Bill is not restricted to typical degree programs; there is a wide variety of choices available for those who need something less traditional. Check with the school to learn if they are eligible.


DeVry University
DeVry University offers flexible scheduling and the convenience to study at any of 80+ locations, online or a combination of both. Earn a respected associate degree, bachelor’s degree or master’s degree from an accredited university.

Westwood College Online
Westwood College’s online program offers you the flexibility you need to earn your degree when and where it’s most convenient. Degree programs include business, criminal justice, design and technology.

Colorado Technical University Online
At Colorado Tech Online, you can earn a career-relevant degree in just 15 months. Every CTU Online degree includes multiple Professional Certificates without additional courses or cost. Learn more today.

Capella University
As an accredited university with online degree programs in five schools, Capella University is committed to helping you accomplish your goals through a high-caliber educational experience.

Strayer University Online
Strayer University Online offers degree programs designed to fit your busy schedule. Attend real-time courses via the Internet, or complete coursework at times most convenient to you.

Walden University
Balance your personal and professional commitments while earning a respected Ph.D., master’s degree, or bachelor’s degree online at Walden University. Programs offered in management, education, psychology and health and human services.

American Military University
American Military University’s online programs can prepare you to succeed in a civilian or military career. Choose from more than 50 Associate, Bachelor’s and Master’s degree programs.

Kaplan University
Advance your career and get the distinct competitive advantage you need with an online degree from Kaplan University. And do it without missing a day of work.

University of Phoenix
As a regionally accredited university, and a long-time member of Service members Opportunity Colleges (SOC), University of Phoenix is approved by all branches of the military for tuition assistance and is approved for veterans training.

South University
South University enjoys a long-standing tradition of excellence in education and personalized student attention. Enjoy the convenience of earning your bachelor’s degree entirely online.

AIU Online
Earn your Associate’s, Bachelor's completion—even an MBA—from the comfort of home at AIU Online. Choose from career-track programs such as Visual Communication, Information Technology and more.

The Art Institute of Pittsburgh -- Online Division
Whether you’re just starting out or are a seasoned professional, you can jump-start your career with an associate's or bachelor's degree from The Art Institute of Pittsburgh -- Online Division.

Everest University Online
Expand your career horizons with an online degree from Everest University Online. Balance work and family while you study for your Associate’s, Bachelor’s, or Master’s degree.

Virginia College Online
Earn your associate's, bachelor’s or master’s degree from Virginia College Online. Our extensive programs are offered 100% online, so you can launch the career of your choice from the comfort of your own home.

Grand Canyon University
Grand Canyon University is currently offering programs through our Online Campus in our College of Education, Ken Blanchard College of Business, College of Nursing, and College of Humanities and Social Sciences.

Grantham University
Looking to advance your career or enhance your professional skills? Earn your degree online at Grantham University. Programs include Business Administration, Criminal Justice, Computer Science and more.

Jones International University
Earn a high quality degree in Business, IT, Education, or Communications. Jones International University® offers self-paced bachelor’s and master’s degrees tailored to your needs.

Ellis College
Take your career to the next level. Ellis College offers customized, flexible online degree programs for busy working professionals like you.

Baker College Online
Pay less than half the tuition at Baker College Online, a fully-accredited and highly-respected online school. Click to learn more about the over 30 programs.


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Use Your GI Bill Benefits
Education plus military training can be an unbeatable combination for a military promotion or for a civilian career.

The Montgomery GI Bill provides up to 36 months of education benefits for Active Duty, Selected Reserve, and Military Veterans.

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