Will you go to Davidson for free thanks to the G.I. Bill®? The answer depends on the school — benefits are capped and the details vary, so it pays to do your research.
The table below compares the guaranteed Post-9/11 tuition benefit to the cost of attending Davidson. See the living-expense and book sections below for those benefits.
| Item | Amount |
|---|---|
| Veteran tuition & fees | $60,300 |
| Guaranteed Post-9/11 tuition benefit | $20,235 |
| Tuition out of pocket | $40,065 |
The Post-9/11 GI Bill® caps the annual tuition benefit (about $20,235), so the tuition above that is a gap veterans must cover through Yellow Ribbon, savings, or other aid at Davidson.
Davidson College is a Yellow Ribbon school: the institution and the VA jointly fund tuition that exceeds the GI Bill® cap. In the most recent year, about 8 students received Yellow Ribbon awards at this school.
Available Yellow Ribbon seats and maximum contributions differ by program and degree level — check with the veteran services office for current limits.
The Post-9/11 GI Bill® also covers housing through a Monthly Housing Allowance (MHA). The table compares the housing benefit to estimated living expenses at Davidson.
| Item | Amount |
|---|---|
| Estimated living expenses (room & board, academic year) | $16,400 |
| Post-9/11 monthly housing allowance (MHA) | $2,328/mo |
| Housing benefit (academic year, ~8 months) | $18,624 |
| Estimated surplus in your pocket | $2,224 |
For most full-time students the housing allowance covers the cost of living off campus, with money left over. Your actual MHA depends on your rate of pursuit and the school’s location.
Eligible veterans receive up to $1,000 a year for books and supplies; Davidson estimates these costs at about $1,000, so the stipend covers them in full.
This is the real volume of GI Bill® and military tuition benefits paid out at Davidson.
In the latest reporting year, about 8 veterans received Post-9/11 GI Bill® tuition payments of $241,436.
| Benefit | Recipients | Total disbursed | Average / recipient |
|---|---|---|---|
| GI Bill® (all students) | 5 | $185,942 | $37,188 |
| GI Bill® — undergraduate | 5 | $185,942 | — |
GI Bill® dollars are paid on the veterans behalf, while DoD Tuition Assistance supports active-duty service members.
References
More about our data sources and methodologies.
GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government website at benefits.va.gov/gibill.