Veterans Report - Schools Defer Tuition Charges for Vets

According to most recent reports thousands of veteran students are still feeling the economic impact from delayed Post-9/11 GI Bill payments. The delayed benefit payments are affecting veteran's ability to pay their rent and buy food, books, and other essentials. In addition, the delayed benefit means that the colleges and universities are also not being paid. Many colleges and universities are doing what they can to help veterans on a case-by-case basis by setting up loan programs or deferring tuition charges. In addition, some schools have made it a standing policy to defer tuition charges for up to six months for all veterans using their GI Bill benefits. One such school, the University of Phoenix, has had this policy in place since August of 2009. Although this does not help with the impact on personal finances, this deferment does help veterans avoid the added stress of unpaid tuition bills.