Many of you have posted comments about how the private school tuition cap might affect you. So I wanted to give a quick update on some legislation winding its way through the halls of Congress.
[The] legislation would modify the GI Bill to temporarily preserve higher reimbursement rates for tuition and fees for veterans who were enrolled in education programs at private higher education institutions on or before April 1, 2011. It would set the payable amount of benefits for such students at $17,500 or at the established charges payable level determined using the maximums published in October 2010 — whichever is greater — through July 31, 2014.
The legislation is aimed at students in Arizona, Michigan, New Hampshire, New York, Pennsylvania, South Carolina and Texas—states that would have seen tuition payments greater than the $17,500 cap.
Under the proposal, students who enrolled after April 1, 2011 would be subject to the cap.
The legislation would still need to be passed by the Senate to get to the President’s desk to become law. A similar bill has been introduced in the Senate and will be discussed at a June 8 hearing. We’ll keep you updated on the process as it unfolds.
Leo Shane at Stars & Stripes has more on the subject.