by our College Data Analytics TeamWondering what the G.I. Bill® actually covers at Franklin and Marshall? GI Bill® benefits are limited and differ by school, so the specifics matter.
Below is the gap between the Post-9/11 tuition benefit and the cost at Franklin and Marshall. See the living-expense and book sections below for those benefits.
| Item | Amount |
|---|---|
| Veteran tuition & fees | $68,380 |
| Guaranteed Post-9/11 tuition benefit | $20,235 |
| Tuition out of pocket | $48,145 |
Because the Post-9/11 tuition benefit is capped near $20,235 per year, tuition above the cap is the veterans responsibility at Franklin and Marshall.
Franklin and Marshall College is a Yellow Ribbon school: the institution and the VA jointly fund tuition that exceeds the GI Bill® cap. Roughly 7 students used Yellow Ribbon benefits here in the latest reporting year.
Available Yellow Ribbon seats and maximum contributions differ by program and degree level — check with the veteran services office for current limits.
DoD Tuition Assistance pays up to $250 per credit hour for active-duty students; here is how the per-credit charge at Franklin and Marshall compares.
| Residency | Per-credit charge | Below $250 cap? |
|---|---|---|
| In-state | $128 |  |
| Out-of-state | $128 | |
Beyond tuition, the Post-9/11 GI Bill® pays a Monthly Housing Allowance (MHA) while you are enrolled. Here is how that benefit compares to the estimated cost of living at Franklin and Marshall.
| Item | Amount |
|---|---|
| Estimated living expenses (room & board, academic year) | $15,568 |
| Post-9/11 monthly housing allowance (MHA) | $2,133/mo |
| Housing benefit (academic year, ~8 months) | $17,064 |
| Estimated surplus in your pocket | $1,496 |
For most full-time students the housing allowance covers the cost of living off campus, with money left over. The MHA is based on the school’s ZIP code and is paid at the full-time rate for resident students.
With a Post-9/11 book stipend of up to $1,000 per year, the estimated $800 in supply costs at Franklin and Marshall, so the stipend covers them in full.
This is the real volume of GI Bill® and military tuition benefits paid out at Franklin and Marshall.
Approximately 7 students drew Post-9/11 GI Bill® tuition benefits totaling $202,560.
| Benefit | Recipients | Total disbursed | Average / recipient |
|---|---|---|---|
| GI Bill® (all students) | 4 | $132,210 | $33,053 |
| GI Bill® — undergraduate | 4 | $132,210 | — |
These are federal education benefits — the Post-9/11 GI Bill® for veterans and DoD Tuition Assistance for active-duty 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.