by our College Data Analytics TeamHow much of the cost at Montreat College will the G.I. Bill® cover? The answer depends on the school — benefits are capped and the details vary, so it pays to do your research.
Below is the gap between the Post-9/11 tuition benefit and the cost at Montreat College. Housing and book benefits are covered separately below.
| Item | Amount |
|---|---|
| Veteran tuition & fees | $33,860 |
| Guaranteed Post-9/11 tuition benefit | $20,235 |
| Tuition out of pocket | $13,625 |
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 Montreat College.
Montreat 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.
Seat counts and matching amounts change by program each year; verify the details with the schools military and veteran services team.
DoD Tuition Assistance pays up to $250 per credit hour for active-duty students; here is how the per-credit charge at Montreat College compares.
| Residency | Per-credit charge | Below $250 cap? |
|---|---|---|
| In-state | $0 |  |
| Out-of-state | $0 | |
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 Montreat College.
| Item | Amount |
|---|---|
| Estimated living expenses (room & board, academic year) | $12,000 |
| Post-9/11 monthly housing allowance (MHA) | $2,388/mo |
| Housing benefit (academic year, ~8 months) | $19,104 |
| Estimated surplus in your pocket | $7,104 |
For most full-time students the housing allowance covers the cost of living off campus, with money left over. MHA amounts reflect the local housing rate for the school’s area.
Eligible veterans receive up to $1,000 a year for books and supplies; Montreat College estimates these costs at about $1,200, leaving about $200 out of pocket.
Beyond the coverage math above, this is how much veteran education-benefit money actually flows to Montreat College.
In the latest reporting year, about 18 veterans received Post-9/11 GI Bill® tuition payments of $241,693.
| Benefit | Recipients | Total disbursed | Average / recipient |
|---|---|---|---|
| GI Bill® (all students) | 26 | $438,191 | $16,854 |
| GI Bill® — undergraduate | 23 | $411,094 | — |
| GI Bill® — graduate | 3 | $27,097 | — |
| DoD Tuition Assistance (all) | 2 | $3,000 | $1,500 |
| DoD TA — undergraduate | 2 | $3,000 | — |
| DoD TA — graduate | 0 | $0 | — |
GI Bill® benefits follow the veteran; DoD Tuition Assistance is an active-duty benefit paid while serving.
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.