by our College Data Analytics TeamHow much of the cost at LBI will the G.I. Bill® cover? GI Bill® benefits are limited and differ by school, so the specifics matter.
Here is how the Post-9/11 GI Bill® tuition benefit stacks up against the published cost of attending LBI. See the living-expense and book sections below for those benefits.
| Item | Amount |
|---|---|
| Veteran tuition & fees | $11,470 |
| Guaranteed Post-9/11 tuition benefit | $11,470 |
| Tuition out of pocket | $0 |
Because tuition is at or below the annual Post-9/11 benefit, the GI Bill® covers it in full at LBI.
Federal data does not indicate that LBI currently participates in the Yellow Ribbon Program. Check directly with the school, since participation can change year to year.
Active-duty service members using DoD Tuition Assistance are capped at $250 per credit hour. The chart below shows whether the per-credit charge at LBI falls under that cap.
| Residency | Per-credit charge | Below $250 cap? |
|---|---|---|
| In-state | $1,045 |  |
| Out-of-state | $1,045 | |
On top of tuition, the Post-9/11 GI Bill® provides a Monthly Housing Allowance (MHA) for the months you are in school. Below, the academic-year housing benefit is set against the estimated living costs at LBI.
| Item | Amount |
|---|---|
| Estimated living expenses (room & board, academic year) | $3,240 |
| Post-9/11 monthly housing allowance (MHA) | $1,683/mo |
| Housing benefit (academic year, ~8 months) | $13,464 |
| Estimated surplus in your pocket | $10,224 |
At this school the academic-year housing benefit exceeds typical living costs, so most full-time students come out ahead. The MHA is based on the school’s ZIP code and is paid at the full-time rate for resident students.
The Post-9/11 GI Bill® pays a books-and-supplies stipend of up to $1,000 per year. Estimated book and supply costs at LBI run about $975, so the stipend covers them in full.
Beyond the coverage math above, this is how much veteran education-benefit money actually flows to LBI.
In the latest reporting year, about 4 veterans received Post-9/11 GI Bill® tuition payments of $55,981.
| Benefit | Recipients | Total disbursed | Average / recipient |
|---|---|---|---|
| GI Bill® (all students) | 9 | $95,859 | $10,651 |
| GI Bill® — undergraduate | 9 | $95,859 | — |
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.