Hi Mike, The 4 year ROTC Scholarships that I am familiar with pretty much pay for all of the student’s costs while earning their undergraduate degree. They even provide a monthly allowance for incidental costs. It is very close to the financial package students who attend service academies receive.
Any costs that you or your daughter might have to pay should be very minimal, so I’m not sure why you would want to involve your transferred Post 9/11 GI Bill benefits at all. My advice would be to let them sit like money in the bank, and if your daughter decides she wants to earn a graduate degree, they are going to be there for her to use. She has until she turns 26 to use the benefits.
Other options would be for you to revoke the transfer and use the Post 9/11 GI Bill benefits yourself or transfer them to another dependent child. It just seems like a waste to me to try and use 2 great military education benefits programs like an ROTC Scholarship and the Post 9/11 GI Bill at the same time as their benefits are going to overlap so much. I am not aware of any sites which address the issue and don’t know of anyone who has tried to use both benefits at the same time.
How will my 911 transfered G.I. Bill benefits appear if my son gets a scholarship that doesnt cover everything? Will it show up as a deposit? We are waiting to see if he gets his ROTC Scholarship that he applied for ,but i dont have an explanation on how the G.I.BILL benefits are initiated and how they will appear.
Hi Robert, the tuition portion of your son’s transferred Post 9/11 GI Bill benefits is based on paperwork the school submits to the Va that lists the credit hours and courses he is taking each semester. You will not see that money as it goes directly to the school. If your son is eligible for the housing and book allowance, that money will show up as a deposit in his bank account if he opted for direct deposit. Otherwise he will receive a check in the mail.
Jeff