GI Bill Funds are Non-taxable

-- GI Bill Tip #9

Many veterans are eligible for grants, loans and other school monies in addition to their Montgomery GI Bill benefits. With current pay rates for the MGIB at more than $1000 a month, GI Bill "income" can be enough to help pay for transportation and living expenses while veterans attend college.

With such a large monthly sum, many initially wonder if it will affect their taxes, but there is good news. VA benefits, including all veteran education money, are not reportable as income on your tax forms. Those using combinations of student loans, veteran education benefits and grants to pay for school won't be 'penalized' at tax time for using their VA benefits.


The Art Institute of Pittsburgh -- Online Division	DeVry University	AIU Online	University of Phoenix

Featured GI Bill School

University of Phoenix

The University of Phoenix Online offers a 20% tuition discount for undergraduate programs and a 20% discount for graduate programs to all active duty military members, all members of the Selective Reserve, and their spouses. This discount is not applicable for members of the Individual Ready Reserve, the Standby Reserve, or the Retired Reserve. Other categories may receive tuition discounts, so please check with your Military Enrollment Advisor for details.

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Financing Your Education

You have several options available. Cash and credit cards are always popular. Federal financial aid is available, but if you participated in the Montgomery GI Bill, you have a much better option. If you’re active duty, a recent change to federal law allows you to use military Tuition Assistance and supplement it with your GI Bill educational benefit.

Servicemember's Opportunity College (SOC)

The University of Phoenix Online is a longtime member of SOC, one of approximately 1,550 schools currently affiliated. The University of Phoenix Online will even accept your military training for college credit, as long as the credits apply to your chosen degree program.

PCS and the University of Phoenix

You can continue with your degree program at University of Phoenix Online from anywhere in the world as long as you have access to the Internet. In fact, if you have a laptop, there’s no reason why you can’t go to school during your PCS.

When You Leave the Military

To ensure that Universith of Phoenix programs provide the skills and expertise that are in high demand, the curriculum based on the current needs of industry. Faculty is drawn from among the leaders of that industry to provide the most valuable, real-world education possible. The curriculum is continually updated to reflect the latest proven concepts, methods, and practices.