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Veteran Benefits

Contact Information

For VA program eligibility, application, and payment information:

U.S. Department of Veterans Affairs / 888-442-4551 / www.gibill.va.gov

For questions about using VA education benefits at Babson or enrollment certifications:

Donna Dubrawski (VA Certifying Official and Senior Assistant Registrar) / 781-239-5438

VA Education Programs

You may be entitled to receive benefits under a particular VA education program, as determined by the VA.

  • Post-9/11 GI Bill (Chapter 33)
  • Vocational Rehabilitation for Veterans with Service-Connected Disabilities (Voc Rehab, Chapter 31)
  • Montgomery GI Bill-Active Duty (MGIB-AD, Chapter 30)
  • Veterans’ Educational Assistance Program (VEAP, Chapter 32)
  • Dependents’ Educational Assistance (DEA, Chapter 35)
  • Montgomery GI Bill-Selected Reserve (MGIB-SR, Chapter 1606)
  • Reserve Educational Assistance Program (REAP, Chapter 1607)

Applying for VA Education Benefits

You must apply for education benefits through the VA. Upon review of your application, the VA will determine eligibility and, if eligible, will issue a Certificate of Eligibility (COE). You must submit a copy of the COE to the Babson College VA Certifying Official once admitted into a VA approved program at Babson. You do not need to submit a COE each semester. A new COE only needs to be submitted if your eligibility information (chapter, percent eligibility, months of eligibility) changes.

If you are applying for the VA Vocational Rehabilitation program (Chapter 31), you must also apply through the Vocational Rehabilitation and Employment (VR&E) division of the VA. A VR&E counselor will contact Babson if you are approved for this benefit. You do not need to submit a COE.

Any questions about applying for VA Education Benefits or eligibility should be directed to the VA.

VA Education Benefits

Vocational Rehabilitation

  • Paid up to the full cost of the program.
  • Payment is sent directly to Babson.

Montgomery GI Bill-Active Duty, Veterans’ Educational Assistance Program, Dependents Educational Assistance/Survivors and Dependents, Montgomery GI Bill-Selected Reserve, or Reserve Educational Assistance Program

  • Paid a monthly rate.  Rate may be based on VA education program, length of service, institutional training time, etc.
  • Payment is sent to you.

Post-9/11 GI Bill

The Post-9/11 GI Bill (Chapter 33) became effective on August 1, 2009 and was modified in January of 2011 with provisions taking effect over the subsequent months.

  • Receive a percentage of benefits based on the your length of service (benefit level/percent eligibility).
Individuals serving an aggregate period of active duty after September 10, 2001 of:
Percentage Of Maximum Benefit Payable
At least 36 months
100%
At least 30 continuous days and discharged due to service connected disability
100%
At least 30 months, but less than 36 months
90%
At least 24 months, but less than 30 months
80%
At least 18 months, but less than 24 months
70%
At least 12 months, but less than 18 months
60%
At least 6 months, but less than 12 months
50%
At least 90 days, but less than 6 months
40%
  • Consists of the following payments, as eligible:

1.  Tuition and fees reimbursement payment

  • For private colleges, capped at the lesser of net out-of-pocket costs or the maximum VA tuition and fees cap per academic year.
Academic Year
Annual Cap
2014-2015​ $20,235.02
2013-2014​ $19,198.31
2012-2013​
$18,077.50
2011-2012
$17,500.00
  • The VA annual cap and semester payments are prorated based on benefit level.
  • Payment is sent directly to Babson.

2.  Books and supplies stipend

  • Up to $1,000.00 per academic year.
  • Prorated based on benefit level.
  • Payment is sent to you.

3.  Monthly housing allowance

  • Rate of pursuit must be greater than 50%.
  • Active duty members and their spouses are not eligible; children of service members may be eligible.
  • Rate is equal to the Department of Defense’s Basic Allowance for Housing (BAH) amount for a service member in pay grade “E-5 with dependents” and specific to the zip code of the College (02457).  The rate for those enrolled solely in distance learning courses (such as the Blended Learning MBA program) is equal to one-half of the national average BAH for pay grade “E-5 with dependents” - it is not tied to the location of the College.
  • Prorated based on rate of pursuit (rounded to the nearest multiple of 10) and based on benefit level.
  • Payment is sent to you.

4.  Yellow ribbon program

  • Provision under Post-9/11 GI Bill that allows colleges to voluntarily enter into an annual agreement with the VA to fund tuition and fees costs that exceed the VA tuition and fees reimbursement payment. 
  • Benefit level must be 100%.
  • Active duty members and their spouses are not eligible; children of service members may be eligible.
  • Award may be up 50% of unmet charges.
  • VA will match the College contribution.
  • Combined Babson and VA contribution cannot exceed your net tuition and fee semester charges. 
  • Subject to a maximum annual contribution and maximum number of students determined by the College each academic year.
Academic Year
Maximum Number Of Students
Babson Maximum Contribution
2014-2015​ ​Twenty (20) ​$10,000.00
2013-2014​ ​Twenty (20) ​$10,000.00
2012-2013​
​Twenty (20)
​$5,000.00
2011-2012
Twenty (20)
$5,000.00
2010-2011
Fifteen (15)
$5,000.00
2009-2010
Ten (10)
$5,000.00
  • Limited availability and not guaranteed.
  • Admission into the Yellow Ribbon Program at Babson is on a first-come-first-served basis upon receipt of a Certificate of Eligibility (COE), a Yellow Ribbon Program Application, and acceptance into an approved Babson program - up to the maximum number of students for whom contributions will be made in any given academic year.
  • You must follow the policies, procedures, and guidelines as established.
  • Payment is sent to Babson.
  • Babson College reserves the right to discontinue participation in the Yellow Ribbon Program at any point.

 
 

 

 

  • The VA defines an academic year as August 1 through July 31.
  • The amount of tuition and fees reported to the VA is: the actual net cost for in-state tuition and fees assessed by the institution for the program of education after the application of any waiver of, or reduction in, tuition and fees; and any scholarship, grant, or other Federal, State, institutional, or employer based aid or assistance (excluding loans and title IV funds, such as Pell Grants) that is provided directly to the institution and specifically designated for the sole purpose of defraying tuition and fees. Aid or assistance this is not designated for the sole purpose of reducing a student’s tuition and fee cost should not be excluded from the net in-state charges reported to VA. A scholarship that is general in nature and may be used to defray school costs such as food, housing, books, etc., and is NOT specifically designated for the sole purpose of defraying tuition and fees should not be deducted from the charges submitted to the VA. Scholarships that are not sent to the school (may be sent directly to the student) do not need to be deducted from the charges submitted to the VA.
  • According to the VA, fees are defined as mandatory and required charges (other than tuition, room, and board) that are applied by the Institution of Higher Learning for pursuit of an approved program of education. Fees include, but are not limited to: health premiums, freshman fees, graduation fees, and lab fees. Fees do not include, but are not limited to: senior deposits, late registration fees, admission fees, parking fees, meal plans, dorm fees, or study abroad course(s) unless the course(s) is/are a mandatory requirement for completion of the approved program of education or for graduation. The offshore elective fee for the Two-Year MBA program as well as the STRF fee, which is the charge associated with San Francisco Blended Learning Program students, are mandatory and reported charges.
  • The start date of the enrollment period determines the academic year the enrollment belongs to. (BASS)
  • To calculate the rate of pursuit for standard semesters, divide the number of credits being pursued in the enrollment period by the number of credits that is considered full-time (12). The resulting percentage is the student's rate of pursuit. To calculate the rate of pursuit for non-standard semesters, multiply the number of credits being pursued in the enrollment period by 18 and then divide by the number of rounded whole weeks for the enrollment period (number of days in the enrollment period divided by 7; disregard a remainder of 3 days or less and consider a remainder of 4 days or more a full week). This result is the equivalent credit hours (ECH). Divide the ECH by the number of credits that is considered full-time (12). The resulting percentage is the student’s rate of pursuit.
  • Standard semesters are 15 to 19 weeks in length and adhere to the school's academic calendar. When a session or course doesn't follow this standard format, the actual begin date, end date, and credit for the session or course is certified. Courses taken during a defined session–an eight week summer session, for example–should be certified from the beginning date to the ending date of the session if the courses start the first week and end the last week of the session.
  • The amount payable for the monthly housing allowance for any academic year (beginning on August 1) will be based upon the BAH rates effective on January 1 of that year. This means that monthly housing allowance rates for chapter 33 will change effective August 1 of each year, and not on January 1.
  • The VA only pays the monthly housing allowance for the days in which the student actually attends/is certified for the month. If a student is certified for a whole month, the full monthly benefit is paid. If the student is only certified for part of the month, the benefit is prorated. The VA uses a 30-day month. Divide the monthly rate by 30 to get the daily rate. For example, if the monthly benefit is $100.00 and the student is certified January 1 through January 15, the student is entitled to $50.00 ($3.33 per day for 15 days). If the student is certified January 16 through January 31, the student is entitled to $50.00 ($3.33 per day for 15 days). If the student is certified January 1 through January 31, the student is entitled to $100.00 (a full month benefit). Also, if the start date is August 30, the student will receive a deposit in September for the two days attended in August. The first whole month of the housing payment for the month of September is sent/deposited at the beginning of October.
  • Interval pay or break pay (payment between semesters) is no longer payable under any VA educational program unless under an Executive Order of the President or due to an emergency situation. For example, if the semester ends December 15, the housing allowance is paid for the first 15 days of December only and begins again when the next semester starts
  • After an enrollment certification is reported, the VA will then review and process the claim and disburse the student’s benefits accordingly.
  • Payments received from the VA are posted on the student’s account and applied directly to an account balance; if there is no outstanding balance, students may request a refund or leave a credit on the account. A student receiving VA educational benefits may be responsible to pay tuition, fees, and other applicable expenses up front and may be responsible for any remaining balance.
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    Disclosure: The U.S. Department of Veterans Affairs is the source of the majority of the information above. Information is subject to change and may
    vary.
    All
    policies are subject to change.