If you are part of a military family, you've surely heard that the Post-9/11 GI Bill can help pay for college. A veteran who has served more than 90 days of active duty since Sept. 10, 2001, can use the GI Bill to pay for four years of tuition, as well as money toward room and board and books, at specific colleges. Parents who are veterans have the ability to pass along this benefit to their spouse or children to pay for college, or split it between dependents.
The cost of college using the GI Bill can be used at public universities and some private colleges and universities as well. If you choose to attend a private or international school, tuition and fees are capped at the national maximum rate (which means you would have to come up with the remainder of the cost on your own).