by our College Data Analytics TeamWill you go to Prescot College for free thanks to the G.I. Bill®? GI Bill® benefits are limited and differ by school, so the specifics matter.
The table below compares the guaranteed Post-9/11 tuition benefit to the cost of attending Prescot College. Housing and book benefits are covered separately below.
| Item | Amount |
|---|---|
| Veteran tuition & fees | $35,685 |
| Guaranteed Post-9/11 tuition benefit | $20,235 |
| Tuition out of pocket | $15,450 |
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 Prescot College.
Prescott College is a Yellow Ribbon school: the institution and the VA jointly fund tuition that exceeds the GI Bill® cap. Roughly 1 students used Yellow Ribbon benefits here in the latest reporting year.
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.
DoD Tuition Assistance pays up to $250 per credit hour for active-duty students; here is how the per-credit charge at Prescot College compares.
| Residency | Per-credit charge | Below $250 cap? |
|---|---|---|
| In-state | $530 |  |
| Out-of-state | $530 | |
Beyond tuition, the Post-9/11 GI Bill® pays a Monthly Housing Allowance (MHA) while you are enrolled. Below, the academic-year housing benefit is set against the estimated living costs at Prescot College.
| Item | Amount |
|---|---|
| Estimated living expenses (room & board, academic year) | $6,850 |
| Post-9/11 monthly housing allowance (MHA) | $2,511/mo |
| Housing benefit (academic year, ~8 months) | $20,088 |
| Estimated surplus in your pocket | $13,238 |
At this school the academic-year housing benefit exceeds typical living costs, so most full-time students come out ahead. MHA amounts reflect the local housing rate for the school’s area.
With a Post-9/11 book stipend of up to $1,000 per year, the estimated $440 in supply costs at Prescot College, so the stipend covers them in full.
These figures show the GI Bill® and DoD Tuition Assistance dollars veterans and service members actually used at Prescot College.
Roughly 20 students drew Post-9/11 GI Bill® tuition benefits totaling $221,191.
| Benefit | Recipients | Total disbursed | Average / recipient |
|---|---|---|---|
| GI Bill® (all students) | 17 | $243,952 | $14,350 |
| GI Bill® — undergraduate | 6 | $64,923 | — |
| GI Bill® — graduate | 11 | $179,029 | — |
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.