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The Yellow Ribbon GI Education Enhancement Program (Yellow Ribbon Program) is a provision of the Post-9/11 Veterans Educational Assistance Act of 2008. This program allows institutions of higher learning such as University of Phoenix to voluntarily enter into an agreement with the U.S. Department of Veterans Affairs (VA) to fund tuition expenses and fees that exceed the annual cap established by Congress. The University of Phoenix has entered into an agreement with the Department of Veterans Affairs to match up to 50% of those expenses and VA will match the same amount as the University of Phoenix.
The Yellow Ribbon Program is part of the new Post-9/11 GI Bill. The Post-9/11 GI Bill provides education benefits for servicemembers who have served a minimum of 90 combined days on active duty after September 10th, 2001.
With the Post-9/11 GI Bill, eligible veterans can receive an amount equal to the highest in-state undergraduate tuition at a public college or university. With the Yellow Ribbon Program, veterans whose tuition expenses and fees cost more than the annual cap set by the VA may be eligible to receive additional assistance for tuition expenses and fees.
Eligible veterans include veterans who have:
Dependents of veterans may also be eligible to receive Yellow Ribbon benefits if the veteran is eligible to transfer his or her entitlement in the program.