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Marymount University Participates in Yellow Ribbon Program: Military Veterans to Receive Grants

Wednesday, July 08, 2009
Marymount University is proud to announce its participation in the Yellow Ribbon Program, a new provision of the Post-9/11 GI Bill. The Bill offers qualifying veterans reimbursement for tuition and fees equivalent to the most expensive public higher education institution in the state, which can also be used to attend a private institution. In addition, allowances are available for housing, books, and supplies.

Now, the Yellow Ribbon Program gives private colleges and universities, like Marymount, the option to provide additional funds, with matching payments from the U.S. Department of Veterans Affairs (VA).

Under this program, Marymount will provide up to 25 grants of $2,000 each per year to eligible veterans pursuing undergraduate or graduate degrees. The VA will match that amount, so veterans will receive a total of $4,000 a year to attend Marymount through the Yellow Ribbon Program (which is in addition to the other benefits included in the Post-9/11 GI Bill). Recipients will be eligible for the Yellow Ribbon Program grant each year that they are enrolled in their academic program and achieving satisfactory progress toward their degree.

Veterans are eligible for the Yellow Ribbon Program if they have served at least 36 months of active duty since September 10, 2001, or were honorably discharged from active duty for a service-related disability and served 30 continuous days after September 10, 2001. In addition, dependents of veterans are eligible if they qualify for Transfer of Entitlement under the Post-9/11 GI Bill based on the veteran's service under these eligibility criteria.

Veterans may also be eligible for other financial aid, including need- and merit-based scholarships. Plus, Virginia residents attending Marymount or another private college in the state are eligible for a Virginia Tuition Assistance Grant.

For more information on the Yellow Ribbon Program at Marymount University, contact Carolyn Bonilla at 703-284-1521 or carolyn.bonilla@marymount.edu. Additional information on the program and how to apply is available from the U.S. Department of Veterans Affairs under Education Benefits.

Marymount University President James E. Bundschuh notes, "Marymount is happy to provide veterans with additional financial support through the Yellow Ribbon Program. We are committed to helping the men and women who have served our country achieve their educational and professional goals."