College tuition is expensive – and it’s not getting any cheaper. Thankfully there are a few programs out there which make it easier to save for college. This is especially important if you if you are saving for your child’s tuition and will not be able to use your GI Bill benefits to help pay [...]

One of the best ways to save for college is with a 529 College Savings Plan, which is named after section 529 of the Internal Revenue Code, 26 U.S.C. 529.  Why should you care about a 529 plan? Because they can offer some very nice tax benefits as an incentive to save for college. Let’s [...]

The Yellow Ribbon Program for GI Bill was created as part of the Post 9/11 Veterans Educational Assistance Act of 2008.  The Yellow Ribbon program allows universities and colleges which grant degrees in the United States to enter an agreement with the VA.  The agreement will enable the VA and the higher education institution to [...]

Being in the military is a full-time job, 24 hours a day, 7 days a week, 365 days a year. But that doesn’t mean you should let that get in the way of your dreams of achieving an education. Even deployments don’t have to stop your education because many schools offer online classes and many [...]

I signed up for the Montgomery GI Bill (MGIB) when I enlisted in the military. Like many military members and veterans, I haven’t had the chance to use all of my MGIB benefits yet. Part of the reason is because the military has a generous Tuition Assistance (TA) program. I completed a year of college [...]

Though heralded as one of the most significant pieces of legislation in history, the GI Bill almost didn’t come to pass. Known as The Servicemen’s Readjustment Act of 1944 (more commonly the GI Bill of Rights) it was almost stopped at the Congressional level as members of the House and Senate debated the finer details [...]

Saving money for your child’s education is an important thing to do, especially with tuition costs rising each year. Two of the most popular educational savings plans are the 529 College Savings Plan and the Coverdell Educational Savings Account (ESA). Both college savings plans offer tax advantages and may be good options depending on your [...]

There is good news for those of you out there who bought into the GI Bill when you signed up for the military – you may be eligible to transfer your GI Bill to a spouse or child. Who can transfer GI Bill benefits You can only transfer GI Bill benefits if you are eligible [...]

Ohio governor Ted Strickland recently signed The Ohio G.I. Promise into state law, which changes the  in-state residence requirements at each of the state’s 36 colleges and universities to allow all veterans, their spouses and dependents to attend Ohio colleges and universities at in-state tuition rates. This is the first plan of its kind in [...]

One of the best benefits that many military veterans have is the GI Bill. Unfortunately, many veterans don’t take advantage of this benefit. There are many reasons people don’t take advantage of the GI Bill – not enough time to go to school, no desire for more education, or no need. But this is costing [...]