Veterans Educational Benefit College Financing Plan

Potential Costs*

Coverage Options

Chapter 33: Post 9/11 GI Bill

Chapter 1606: Montgomery GI Bill Selected Reserve

Chapter 30: Montgomery GI Bill Active Duty

Chapter 35: Survivors’ & Dependents’ Educational Assistance

Chapter 31: Vocational Rehabilitation and Employment

Tuition and Fees**

40-100% of all tuition and fee charges covered based upon your eligibility rating.

Per month payments for-

Full-time enrollment: $466.00

3/4-time enrollment: $349.00

1/2-time enrollment: $233.00

Less than 1/2-time enrollment: $116.50

Per month payments for-

Full-time enrollment: $2,358.00

3/4-time enrollment: $1,768.50

1/2-time enrollment: $1,179.00 

Less than 1/2-time and more than 1/4-time enrollment: $1,179.00 (or the cost of your tuition and fees, whichever is less)

1/4-time enrollment or less: $589.50 (or the cost of your tuition and fees, whichever is less)

Per month payments for-

Full-time enrollment: $1,488 

3/4-time enrollment: $1,176 

1/2-time enrollment: $862

Less than 1/2-time and more than 1/4-time enrollment: $862 (or the cost of your tuition and fees, whichever is less)

1/4-time enrollment or less: $372 (or the cost of your tuition and fees, whichever is less)

100% of all tuition and fee charges covered

Books and supplies, $500.00

Up to $1,000 each academic year.

N/A

N/A

N/A

100% of all required book charges covered

Cost of Living, transportation, and personal expenses, $7,528

$1,146 -$2,292 per month based on 40% - 100% Chapter 33 rating when enrolled in full-time credit hour status.

N/A

N/A

N/A

Monthly payment for students with no dependents –

Full-Time: $768.42

¾ Time: $577.38

½ Time: $386.32

¼ Time:

$193.14

OR

Chapter 33 monthly rates if student has time remaining in Chapter 33 benefits.

Estimated Loan Debt (without other grants, scholarships, etc.) for full-time undergraduate students

At 40% Chapter 33 rate: 60% of tuition and fees plus 3,517 for living expenses At 100% Chapter 33 rate: $0.00

$12,970.00

$5,294.00

$8,882.00

$11, 760.32 for living expenses

OR

$0.00 if 100% Chapter 33 eligible.

Military Tuition Assistance

Illinois Veterans Grant (IVG)

Illinois MIA/POW Scholarship

Illinois National Guard Grant (ING)

AFROTC

Tuition and Fees**

$250.00 per credit hour, up to $4,500 annually.

All tuition and fees covered except the following: Graduation fee, Course specific Fees (MATH 2100 fee, etc.), Late fees.

All tuition and fees covered except the following: Graduation fee, Course specific Fees (MATH 2100 fee, etc.), Late fees.

All tuition and fees covered except the following: Student Center fee, Course specific Fees (MATH 2100 fee, etc.), Late fees.

Tuition Waived at 100%, costs for fees still applies.

Books and supplies, $500.00

N/A

N/A

N/A

N/A

N/A

Cost of Living, transportation, and personal expenses, $7,528

N/A

N/A

N/A

N/A

N/A

Estimated Loan Debt (without other grants, scholarships, etc.) for full-time undergraduate students

$11,834.00

$8,028.00

$8,028.00

$8,292.00

$9,914.00