|Luke Young is a veteran and student at PBA.|
Young is a native of Lower Burrell, Pa., who served in the U.S. Marine Corps from September 2004 to September 2008. He’s a junior at Palm Beach Atlantic University majoring in biology with a minor in chemistry. He was enthusiastic when hearing the University will participate in the U.S. Department of Veteran Affairs’ (VA) Yellow Ribbon G.I. Education Enhancement Program, also known as the Yellow Ribbon Program.
“It will be beneficial to both the veteran and the University,” said Young, president of PBA’s Veterans’ Club.
Established by the Post-911 Veterans Educational Assistance Act of 2008, the Yellow Ribbon program agreement permits higher learning institutions and the VA to help students finance out-of-pocket tuition and fees associated with education programs that may exceed the Post 9/11 GI Bill tuition benefit. Institutions can contribute a specified dollar amount of those expenses, and the VA will match the contribution -- not to exceed 50 percent of the difference.
Since Aug. 1, 2011, the Post-9/11 GI Bill has paid up to $17,500 per academic year. This amount will remain the same for the 2012-2013 academic year, and PBA has committed to a maximum Yellow Ribbon Program amount of $3,650, which the VA will match. This level of match will allow day undergraduate VA students, not in active duty status and eligible for Post 9/11 G.I. Bill Benefits at the 100 percent level, to receive aid equal to tuition and fees for fall and spring semesters only. If the student receives tuition restricted grants or scholarships, the match will be reduced so that the total package is equal to tuition and fees.
“Undergraduate veterans attending the University will receive Post-9/11 GI Bill benefits, tuition restricted grants and scholarships, PBA Yellow Ribbon contribution and VA Yellow Ribbon contribution,” said Todd Martin, PBA’s director of financial aid. “This will cover the total amount of tuition and fees.”
Martin said the Yellow Ribbon program “bridges the gap” for veterans needing tuition and fees to be covered. “By PBA participating in the Yellow Ribbon program, we are allowing veterans to receive more of their deserved benefits,” Martin said.
For more information benefits for veterans at PBA, visit the Veterans’ Benefit page.