Northeastern University is investing $2 million to help Post-9/11 veterans earn degrees through the federal government’s Yellow Ribbon Program. Northeastern’s commitment, combined with matching funds provided by the Department of Veterans Affairs, will allow 252 veterans to attend the university each year at little or no cost. Veterans will have access to a full range of degree programs, including bachelor’s, master’s, doctoral and law degrees.
Qualifying veterans who enroll at Northeastern will receive grant aid that covers most to all of Northeastern’s tuition and fee charges, depending on the selected degree program. Northeastern and the Department of Veterans Affairs will cover all or most of the expenses that exceed the $19,198 maximum Post 9/11 benefit. Allowances for housing, books and supplies are included.
A provision of the Post-9/11 GI Bill, the Yellow Ribbon Program provides partial funding for veterans to cover the cost of tuition at participating private universities. Participating universities can bridge the gap to cover the remaining costs. The Post 9/11 GI BIll federal funding formula allows for up to $19,198 per academic year for tuition and mandatory fees. The Yellow Ribbon Program then pays for tuition and mandatory fees in excess of $19,198 up to a maximum amount set by the institution per academic year. To be eligible, veterans must have served at least three years of active duty beginning on or after September 10, 2001. Veterans from any state are eligible to attend Northeastern and receive Yellow Ribbon funding.