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Merrimack College G.I. Bill® Benefits

Wondering what the G.I. Bill® actually covers at Merrimack? GI Bill® benefits are limited and differ by school, so the specifics matter.

$51,786 Veteran Tuition & Fees
$20,235 Guaranteed Post-9/11 Benefit
$31,551 Tuition Out of Pocket

Veterans at Merrimack College Pay About $31,551 Out of Pocket for Tuition

Below is the gap between the Post-9/11 tuition benefit and the cost at Merrimack. See the living-expense and book sections below for those benefits.

ItemAmount
Veteran tuition & fees$51,786
Guaranteed Post-9/11 tuition benefit$20,235
Tuition out of pocket$31,551

Private College Tuition Not Fully Covered by GI Bill® Benefits

The Post-9/11 GI Bill® limits the annual tuition benefit to roughly $20,235, so tuition beyond that is out of pocket (or covered by Yellow Ribbon) at Merrimack.

Merrimack College Participates in the Yellow Ribbon Program

Through the Yellow Ribbon Program, Merrimack College and the VA share the cost of tuition above the Post-9/11 cap. In the most recent year, about 10 students received Yellow Ribbon awards at this school.

The exact number of seats and the maximum contribution vary by degree level and program, so confirm the current limits with the schools veteran services office.

Per-Credit Fees and the Active-Duty 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 Merrimack falls under that cap.

ResidencyPer-credit chargeBelow $250 cap?
In-state$1,116no
Out-of-state$1,116no

Housing Allowance Coverage

The Post-9/11 GI Bill® also covers housing through a Monthly Housing Allowance (MHA). Here is how that benefit compares to the estimated cost of living at Merrimack.

ItemAmount
Estimated living expenses (room & board, academic year)$19,995
Post-9/11 monthly housing allowance (MHA)$3,429/mo
Housing benefit (academic year, ~8 months)$27,432
Estimated surplus in your pocket$7,437

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.

Book and Supply Stipend

With a Post-9/11 book stipend of up to $1,000 per year, the estimated $1,000 in supply costs at Merrimack, so the stipend covers them in full.

GI Bill® and Tuition Assistance Paid at Merrimack College

This is the real volume of GI Bill® and military tuition benefits paid out at Merrimack.

Roughly 61 Post-9/11 recipients used tuition benefits worth $841,688.

BenefitRecipientsTotal disbursedAverage / recipient
GI Bill® (all students)55$780,950$14,199
GI Bill® — undergraduate29$545,875
GI Bill® — graduate26$235,075

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.

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