Veteran Benefits

Contact Information

For VA program eligibility, application, and payment information, contact the U.S. Department of Veterans Affairs at 888-442-4551 or visit

For questions about using VA education benefits at Babson or VA enrollment certifications, contact Donna Dubrawski (Babson VA School Certifying Official and Associate Registrar) at or 781-239-5438.

For information about the Babson Veterans Group, contact Seamus Kneeland M'20 at or visit the Babson Veterans Facebook Group.

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, overall 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 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 (see below).
Academic Year Annual Cap
2019-2020 $24,476.79
2018-2019 $23,671.94
2017-2018 $22,805.34
2016-2017 $21,970.46
2015-2016 $21,084.89
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 your benefit level.
  • Cap resets at the start of each academic year.
  • Payment is sent directly to Babson.

2. Books and supplies stipend

  • Up to $1,000.00 per academic year.
  • Prorated based on your 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 your rate of pursuit (rounded to the nearest multiple of 10) and based on your benefit level.
  • Paid in arrears and usually at the start of the the month.
  • 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.
  • Your benefit level must be 100%.
  • Active duty members and their spouses are not eligible; children of service members may be eligible.
  • If your active duty service ends (separation date) after the start date of a semester, you may not be eligible to receive a Yellow Ribbon award for that semester.
  • Award may be up to 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
2019-2020 Twenty (20) $10,000.00
2018-2019 Twenty (20) $10,000.00
2017-2018 Twenty (20) $10,000.00
2016-2017 Twenty (20) $10,000.00
2015-2016 Twenty (20) $10,000.00
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
  • A Babson Yellow Ribbon award for the fall semester may be capped at $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 Babson Yellow Ribbon Program Application (pdf), 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.

VA Approved Programs/Locations

The following Babson programs are currently approved for VA benefits:

  • BS, Bachelor of Science
  • CAA, Certificate in Advanced Accounting
  • CAM, Certificate in Advanced Management*
  • MBA, Master of Business Administration – One-Year Program
  • MBA, Master of Business Administration – Two-Year Program
  • MBA, Master of Business Administration – Evening Program
  • MBA, Master of Business Administration – Blended Learning/Fast Track Program
  • MSA, Master of Science in Accounting
  • MSBA, Master of Science in Business Analytics
  • MSEL, Master of Science in Management in Entrepreneurial Leadership
  • MSF, Master of Science in Finance

*CAM-Pfizer is NOT approved for VA benefits.

Students cannot use VA benefits for courses or programs offered at the San Francisco or Miami campus locations.

Resources Post-9/11 Factsheet

Campus Resources for Babson Veterans and Active Duty Members (pdf)

ROTC Partnership with Boston University


All information and policies are subject to change.

Disclosure: The U.S. Department of Veterans Affairs is the source of the majority of the information above.

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. goverment Web site at