The new GI Bill:
● Would reimburse the full tuition costs at any public school in a soldier's home state. Soldiers would have to serve three years or more to benefit.
● Doesn't require soldiers to set aside any of their pay for college costs while on active duty, as is now required.
● Pays $1,000 a year for books and fees and any costs incurred from tutoring or certification and licensing tests. The bill also would pay an average $1,000 monthly stipend for housing.
● Allows up to 15 years for the benefit to be used, up from the 10-year limit in the existing Montgomery GI Bill.
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