The Yellow Ribbon Program is a provision of the Post-9/11 Veterans Educational Assistance Act of 2008 (GI Bill). Under this program, the act provides payment for tuition, fees, a books and supplies stipend, and a housing allowance for qualified veterans who have served on active duty since September 11, 2001. Veterans who wish to be considered for this educational benefit must apply, qualify, and be approved by the Department of Veterans Affairs. Once approved, veterans may apply to transfer the benefit to qualified dependents. Colleges and universities enter into matching agreements with the Department of Veterans Affairs (DVA) to pay veterans’ tuition and fee costs above those covered by the GI Bill benefit. The maximum tuition and fees benefit available for the 2013-14 academic year is $19,198.31. Under the Yellow Ribbon Program a student's remaining tuition and fees are covered one-half by Loyola University and one-half by the DVA. Loyola is committed to funding a student’s remaining tuition and fee expenses that exceed the additional contribution available under the Yellow Ribbon Program.
Complete information on the Yellow Ribbon Program is available on the Veterans Affairs website, www.gibill.va.gov.
Learn more about VA benefits at Loyola University Maryland.