by our College Data Analytics TeamHow much of the cost at Randolph - Macon will the G.I. Bill® cover? Coverage is not unlimited and varies school to school, so the fine print is worth checking.
Below is the gap between the Post-9/11 tuition benefit and the cost at Randolph - Macon. Living-expense and book benefits are addressed in their own sections below.
| Item | Amount |
|---|---|
| Veteran tuition & fees | $48,002 |
| Guaranteed Post-9/11 tuition benefit | $20,235 |
| Tuition out of pocket | $27,767 |
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 Randolph - Macon.
Through the Yellow Ribbon Program, Randolph-Macon College and the VA share the cost of tuition above the Post-9/11 cap. Roughly 22 students used Yellow Ribbon benefits here in the latest reporting year.
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 Randolph - Macon compares.
| Residency | Per-credit charge | Below $250 cap? |
|---|---|---|
| In-state | $350 |  |
| Out-of-state | $350 | |
The Post-9/11 GI Bill® also covers housing through a Monthly Housing Allowance (MHA). The table compares the housing benefit to estimated living expenses at Randolph - Macon.
| Item | Amount |
|---|---|
| Estimated living expenses (room & board, academic year) | $12,314 |
| Post-9/11 monthly housing allowance (MHA) | $2,511/mo |
| Housing benefit (academic year, ~8 months) | $20,088 |
| Estimated surplus in your pocket | $7,774 |
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.
With a Post-9/11 book stipend of up to $1,000 per year, the estimated $1,000 in supply costs at Randolph - Macon, 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 Randolph - Macon.
Approximately 46 students drew Post-9/11 GI Bill® tuition benefits totaling $986,030.
| Benefit | Recipients | Total disbursed | Average / recipient |
|---|---|---|---|
| GI Bill® (all students) | 29 | $748,611 | $25,814 |
| GI Bill® — undergraduate | 28 | $721,491 | — |
| GI Bill® — graduate | 1 | $27,120 | — |
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.