News Release: Admission and Financial Aid
May 28, 2010
Emory Supports 'Yellow Ribbon' Financial Aid Program for Veterans
Emory University will offer more than $700,000 in financial support to qualified veterans under the Veterans Administration's new Yellow Ribbon GI Education Enhancement Program beginning in the 2010-2011 academic year.
Under the Yellow Ribbon program, veterans who have served in the military since Sept. 11, 2001, will be entitled to a base benefit equivalent to the highest in-state public undergraduate tuition rate. Participating colleges and universities then will fund up to 50 percent of the remaining tuition bill above the public rate, while the VA matches the full amount of their contribution.
Participation in the program by private colleges and universities is voluntary. All of Emory's undergraduate and graduate schools and colleges will offer support. Individual aid is available for 64 veterans, ranging from $2,500 to $16,000 annually, depending on the program.
Emory will begin receiving applications to the Yellow Ribbon program on June 1, 2010. Veterans interested in more information and applying for the benefits should go to Emory's registrar's office.
"It is an honor and privilege for Emory University to help provide educational opportunities for the men and women who have so valiantly served our country. How fitting that America and Emory give back to those who have put their own lives in harm's way in service of our country. I am particularly pleased that all of Emory's schools and colleges will participate in the program. We look forward to welcoming the participants to campus in August," says Santa Ono, senior vice provost at Emory.
During the 2009-10 school year, 75 veterans were enrolled in undergraduate, graduate and professional programs, and received more than $977,000 in financial aid from Emory's own resources. Currently enrolled veterans also receive federal assistance from the traditional GI Bill program.
Originally posted May 26, 2010