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 www.gibill.va.gov.

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 ddubrawski@babson.edu or 781-239-5438.

For information about the Babson Veterans Group, contact Seamus Kneeland M'20 at jkneeland1@babson.edu 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 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 6 months, but less than 18 months 60%
At least 90 days, but less than 6 months 50%
  • 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 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 for the Wellesley (Babson Park) and Boston campus locations:

  • 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

Students cannot use VA benefits for the following programs/campuses as the San Francisco, Miami, and Pfizer campus locations are not approved by the appropriate SAA/VA agency:

  • CAM, Certificate in Advanced Management (Pfizer) / Campus: Pfizer Inc.
  • MBA, Master of Business Administration – Blended Learning Program / Campus: Miami
  • MBA, Master of Business Administration – Blended Learning Program / Campus: San Francisco
  • MBA, Master of Business Administration – Blended Learning Program (Pfizer Corporate MBA) / Campus: Pfizer Inc.
  • MSBA, Master of Science in Business Analytics / Campus: Miami

Veterans Benefits and Transition Act of 2018

As part of the Veterans Benefits and Transition Act of 2018, section 3679 of title 38, the following policies apply to any individual (“covered individual”) who is entitled to educational assistance under Chapter 31, Vocational Rehabilitation and Employment, or Chapter 33, Post-9/11 GI Bill benefits.

  • The College will permit any covered individual to attend or participate in the course of education during the period beginning on the date on which the individual provides to the College a certificate of eligibility for entitlement to educational assistance under Chapter 31 or 33 (a “certificate of eligibility” can also include a “Statement of Benefits” obtained from the Department of Veterans Affairs’ (VA) website – eBenefits, or a VAF 28-1905 form for Chapter 31 authorization purposes) and ending on the earlier of the following dates:
    • The date on which payment from VA is made to the College.
    • 90 days after the date the College certified tuition and fees following the receipt of the certificate of eligibility.
  • The College will not impose any penalty, including the assessment of late fees, the denial of access to classes, libraries, or other institutional facilities, or the requirement that a covered individual borrow additional funds, on any covered individual because of the individual’s inability to meet his or her financial obligations to the College due to the delayed disbursement funding from VA under Chapter 31 or 33.
  • The College may request or require Chapter 31 and Chapter 33 students to take the following actions:
    1. Submit a certificate of eligibility for entitlement to educational assistance no later than the first day of a course of education.
    2. Submit a written request to use such entitlement.
    3. Provide additional information necessary to the proper certification of enrollment by the College.
    4. Additional payment may be required or a fee may be imposed for the amount that is the difference between the amount of the student’s financial obligation and the amount of the VA education benefit disbursement.

Resources

VA.gov 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 http://www.benefits.va.gov/gibill.