VA Benefits for Independent Undergraduate Students
We encourage you to carefully consider whether you want to use your Post-9/11 GI Bill (Chapter 33) benefits for your undergraduate expenses at Stanford, or to save some or all of your benefits eligibility to use for graduate school costs. Some students decide that Stanford's need-based financial aid package is sufficient to cover their undergraduate expenses, and that it makes financial sense to reserve their Chapter 33 benefits for graduate study. If you have a graduate program in mind, you may want to find out whether your Chapter 33 benefits could be used for that program. You should also consider the expiration date of your Chapter 33 benefits eligibility.
When you apply for financial aid from Stanford, we will provide an award letter that shows your eligibility for need-based aid without Chapter 33 benefits. If you choose to use your benefits, your need-based scholarship aid from Stanford will be adjusted to reflect the expected amounts of your Chapter 33 benefits for tuition, fees, and books, as well as the portion of the VA housing allowance matching the budgeted amount for your room and board costs (any additional amount of VA housing allowance will not be considered in the financial aid process). Chapter 33 benefits replace the Student Responsibility portion of the aid package. Chapter 33 benefits do not affect your eligibility for federal Title IV aid programs (grants and loans).
In the example shown below, the left side shows an independent student's financial aid package without Chapter 33 benefits. The right side shows the same student's aid package adjusted to incorporate Chapter 33 benefits. This example assumes that the student is single, independent, not working, without other resources, and eligible at the 100% level for the full academic year 2017-2018. Please keep in mind that your actual figures will be different depending on your financial circumstances and your Chapter 33 eligibility level.
|Sample Package without Chapter 33 benefits||Sample Aid Package with Chapter 33 benefits|
|Cost of Attendance||Cost of Attendance|
|Room & Board||$15,112||Room & Board||$15,112|
|Campus Health Services Fee||$630||Campus Health Services Fee||$630|
|Personal Expenses||$2,925||Personal Expenses||$2,925|
|Books & Supplies||$1,455||Books & Supplies||$1,455|
|Total Expenses||$70,216||Total Expenses||$70,216|
|Scholarships and Grants||Scholarships and Grants|
|Need-Based Aid (Grant/Scholarship)||$65,216||VA Tuition/Fees Base Benefit||$22,805|
|Stanford Yellow Ribbon Scholarship||$10,000|
|VA Yellow Ribbon Matching Benefit||$10,000|
|VA MHA Funds toward Room & Board*||$15,112|
|VA Books Benefit||$1,000|
|Need-Based Aid (Grant/Scholarship)||$11,299|
|Total Grants and Scholarships||$65,216||Total Grants and Scholarships||$70,216|
|Net Cost to Student||Net Cost to Student|
|Student Responsibility||$5,000||Student Responsibility||$0|
|Total Net Cost to Student||$5,000||Total Net Cost to Student||$0|
* The actual amount of Monthly Housing Allowance (MHA) funds that you will receive from the VA may be higher than the amount shown here. In calculating need-based scholarship eligibility, Stanford only considers the portion of MHA funding that is needed to cover our standard budget amount for room and board. Chapter 33 benefit recipients living in on-campus housing are expected to pay Stanford directly for room and board costs using the MHA funds that the VA pays directly to the recipients. Stanford understands that because the MHA funds are paid on a monthly basis, recipients will not receive the funds in time to pay room and board charges by the standard quarterly payment deadlines. Recipients will not be charged late fees and will not be subject to enrollment holds as long as the charges are paid by the end of the quarter.
The Financial Aid Office staff is available to answer any questions you may have about your need-based aid award and how using Chapter 33 benefits may impact your aid package.Updated on September 21, 2017 10:50 AM