Post-9/11 GI Bill

AAA

DEFINITION of 'Post-9/11 GI Bill'

A United States law that provides benefits to military veterans who have taken part in active duty service after September 11, 2001. To be eligible for the Post-9/11 G.I. Bill, an applicant must have served for at least 90 days and still be on active duty, or been honorably discharged or discharged for a disability related to serving. It was passed into law in 2008.

INVESTOPEDIA EXPLAINS 'Post-9/11 GI Bill'

This legislation, along with the original G.I. Bill (1944) and Montgomery G.I. Bill (1984), represent a continued effort by the U.S. government to provide benefits to veterans returning from duty. The original G.I. Bill was created in response to the failure of the U.S. government to provide benefits to veterans of WWI, the lack of which resulted in protests during the Great Depression.

The Post-9/11 G.I. bill provides funding for training, as well as tuition assistance to veterans. The Bill provides up to three years of benefits and can be used by a veteran up to 15 years after qualifying. An update to the Bill, The Post-9/11 Veterans Education Assistance Improvements Act of 2010, expanded eligibility to members of the National Guard and Active Guard and Reserve.

RELATED TERMS
  1. American Association Of Insurance ...

    An advisory organization founded in 1975 that develops insurance ...
  2. Policy Or Sales Illustration

    An educational tool that shows a prospective or new insurance ...
  3. Student Loan Forgiveness

    Under certain circumstances, federally backed student loans – ...
  4. Direct Consolidation Loan

    A loan that combines two or more federal education loans into ...
  5. G.I. Bill

    The informal name of a United States law that gives military ...
  6. Servicemen's Readjustment Act

    A United States law that provided benefits to military veterans. ...
RELATED FAQS
  1. What pension benefits are available to military personnel?

    The United States military provides its members many benefits, including what many regard as a rather generous pension system, ... Read Full Answer >>
  2. Who is eligible for student loan forgiveness?

    Your eligibility for student loan forgiveness depends on the type of student loan in question. If you have a federal Stafford ... Read Full Answer >>
  3. What are the risks involved in a banker's acceptance?

    College savings accounts are excellent ways to encourage saving for future college costs. Contact your investment professional ... Read Full Answer >>
  4. Where did the term Magna Cum Laude originate from and why is it used in academics?

    The Latin phrase magna cum laude translates to "with great praise." Literally, "magna" translates to "great," "cum" to "with" ... Read Full Answer >>
  5. How do managers measure human capital?

    Human capital is the knowledge, skill sets and intangible assets that add economic value to an individual. Human capital ... Read Full Answer >>
  6. What are some training & development techniques used to improve interpersonal skills?

    Strengthening your empathy through deep listening techniques is essential to improve your interpersonal skills. Until recently, ... Read Full Answer >>
Related Articles
  1. Credit & Loans

    An Introduction To Student Loans And The FAFSA

    Learn how to fill out the FAFSA form so that it is easier for you to fund your education.
  2. Professionals

    Economic Effects Of Life After Military Service

    The end of operations in Iraq and Afghanistan will have an impact on the economy. Discover how.
  3. Professionals

    Financial Careers After Military Service

    Experience and knowledge gained in the military can transfer over to many business and finance jobs.
  4. Credit & Loans

    Student Borrowing: University Payment Plans Vs. Federal Student Loans

    University payment plans are a great option for reducing student loan borrowing, but only if you know the details.
  5. Investing Basics

    What You Learn at University Investment Clubs

    University investment clubs are where Wall Street and the classroom intersect.
  6. Personal Finance

    Outsource This!: The Top 10 Jobs for Millennials

    Millennials should consider careers in these areas for better initial opportunity, job security and even solid wages.
  7. Savings

    Using Your 529 Savings to Study Abroad

    With studying abroad no longer cheap, families may find that a 529 plan college-savings account can fund educational travel. Tip: Read the fine print.
  8. Savings

    Which Gets Priority: Retirement or College Fund?

    On a tight budget? Wondering which to contribute to – your retirement or your kid's college fund? Here's expert help on how best to allocate your savings.
  9. Savings

    College Tuition vs. Investing: Is It Worth It?

    With the rising cost of college and questionable career prospects awaiting college graduates, some are wondering if a college education is still worth it.
  10. Savings

    Grandparent’s Guide To A 529 College Savings Plan

    As a grandparent, you probably take pleasure in showering your grandkids with extravagances, but saving for their college education is a long-lasting gift.

You May Also Like

Hot Definitions
  1. Nuncupative Will

    A verbal will that must have two witnesses and can only deal with the distribution of personal property. A nuncupative will ...
  2. OsMA

    An abbreviation for Oscillator - Moving Average. OsMA is used in technical analysis to represent the variance between an ...
  3. Investopedia

    One of the best-known sources of financial information on the internet. Investopedia is a resource for investors, consumers ...
  4. Unfair Claims Practice

    The improper avoidance of a claim by an insurer or an attempt to reduce the size of the claim. By engaging in unfair claims ...
  5. Killer Bees

    An individual or firm that helps a company fend off a takeover attempt. A killer bee uses defensive strategies to keep an ...
  6. Sin Tax

    A state-sponsored tax that is added to products or services that are seen as vices, such as alcohol, tobacco and gambling. ...
Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!