Stanford to participate in tuition program for veterans
Stanford will participate in the Yellow Ribbon Program, a private-university provision in the Post-9/11 GI Bill designed to allow veterans to attend any college, private or public, undergraduate or graduate, and emerge debt-free. In addition to tuition aid, the bill includes book stipends and housing payments, tied to the actual costs in the school's ZIP Code. Under the bill's provisions, veterans can attend California public colleges and universities for free.
Under the Yellow Ribbon Program, a separate provision of the bill, private schools split some or all tuition costs with the U. S. Department of Veterans Affairs.
Under the regulations as they are currently written, the university will provide $3,000 per year—$1,000 per term—to veterans who qualify to participate in the Yellow Ribbon Program. With the VA match, this would equal $6,000 per year toward tuition.
Stanford already has a generous need-based financial aid program at the undergraduate level. Given that many veterans are financially independent, most likely would be fully covered for their tuition and other costs at Stanford through the university's existing aid program. Stanford's program covers full tuition for students who come from households with annual incomes of $100,000 or less, and tuition, room and board for students with incomes of $60,000 or less.
Students who enroll in doctoral programs also would be likely to have all their costs covered by university aid programs.
Stanford is committed to providing benefits for up to 50 students through the Yellow Ribbon Program, and it is estimated that approximately 25 current students would be eligible to apply for the benefits. Application information for veterans interested in applying will be available July 2 at http://registrar.stanford.edu.