McPherson College G.I. Bill® Benefits

How much of the cost at McPherson College will the G.I. Bill® cover? Coverage is not unlimited and varies school to school, so the fine print is worth checking.

$35,162 Veteran Tuition & Fees

$20,235 Guaranteed Post-9/11 Benefit

$14,927 Tuition Out of Pocket

Your Estimated Out-of-Pocket Cost
How Tuition Is Covered
Yellow Ribbon Program
Per-Credit Charges and Tuition Assistance
Living Expense Coverage
Book Stipend Coverage
GI Bill & Tuition Assistance Dollars
References

Veterans at McPherson College Pay About $14,927 Out of Pocket for Tuition

The table below compares the guaranteed Post-9/11 tuition benefit to the cost of attending McPherson College. See the living-expense and book sections below for those benefits.

Item	Amount
Veteran tuition & fees	$35,162
Guaranteed Post-9/11 tuition benefit	$20,235
Tuition out of pocket	$14,927

Private College Tuition Exceeds the GI Bill® Cap

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 McPherson College.

Yellow Ribbon Program Available

Through the Yellow Ribbon Program, McPherson College and the VA share the cost of tuition above the Post-9/11 cap. In the most recent year, about 1 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.

Per-Credit Charges vs. the $250 Tuition Assistance Cap

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 McPherson College falls under that cap.

Residency	Per-credit charge	Below $250 cap?
In-state	$120
Out-of-state	$120

Your Living Expenses Are Likely Covered

Beyond tuition, the Post-9/11 GI Bill® pays a Monthly Housing Allowance (MHA) while you are enrolled. The table compares the housing benefit to estimated living expenses at McPherson College.

Item	Amount
Estimated living expenses (room & board, academic year)	$10,144
Post-9/11 monthly housing allowance (MHA)	$1,446/mo
Housing benefit (academic year, ~8 months)	$11,568
Estimated surplus in your pocket	$1,424

The benefit generally more than covers off-campus living costs here. Your actual MHA depends on your rate of pursuit and the school’s location.

Your Books and Supplies Are Likely Covered

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 McPherson College run about $1,420, leaving about $420 out of pocket.

GI Bill® and Tuition Assistance Paid at McPherson College

Beyond the coverage math above, this is how much veteran education-benefit money actually flows to McPherson College.

Roughly 10 students drew Post-9/11 GI Bill® tuition benefits totaling $119,392.

Benefit	Recipients	Total disbursed	Average / recipient
GI Bill® (all students)	6	$105,439	$17,573
GI Bill® — undergraduate	6	$105,439	—
GI Bill® — graduate	0	$0	—

GI Bill® benefits follow the veteran; DoD Tuition Assistance is an active-duty benefit paid while serving.

Veteran Services & Links

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.