Air Force Tuition Assistance studies have shown that one out of each seven FAFSA forms are completed incorrectly causing students to go away money on the table. additionally , many students never question their aid awards. Here are a couple of belongings you could have done wrong: you waited too long to finish the FAFSA or worse you probably did not fill it out in the least , you kept assets within the student name, you overstated assets and income, you didn’t update the aid office when circumstances changed.
You’ll have saved on those expensive books.
You could have rented or bought used textbooks, sold your old book and reinvested the cash for subsequent set. you’ll have borrowed, traded or teamed up with classmates to share the books or the value . Doing so would have saved you thousands yearly.
You’ll have kept your grades up.
Almost all college funding are tied into your grades, whenever you withdrew or failed a category it’s going to have cost you to retake plus kept you in class longer which also cost you. If you probably did not meet your school Satisfactory Academic Progress (SAP) policy you’d have lost or been in danger of losing your Federal Student Aid plus the other scholarships, military benefits and even employer assistance benefits.
Rates of Air Force Tuition Assistance
You will be able to cover up to 100% of tuition and charges for courses through TA. That being said, it does not come without a drawback. The number of credit hours is the decisive factor in the allocation of TA payments for your studies. At the same time, the program will pay for a limited number of credit hours every year. It is worth mentioning that there will be a fiscal year amount that you will receive from this program.
In case you are eligible for TA, the program will fund your tuition and charges until certain limits. To be more precise, it is $4,500 for a fiscal year, $250 for an hour in a semester, and $166.67 for an hour per quarter.
Further, keep in mind that you will only qualify to obtain around $4,500 for the whole fiscal year. And that period happens to be between 1 October and 30 September. In accordance with this information, I advise you to be careful with your planning. Just keep in mind that you will have to spend it in a way that it is enough till you get the next payment.
That being said, I should also remind you that you can leverage TA finance for tuition and other related costs necessary for enrollment in your courses.
Lastly, do not forget that you will not receive the TA funding in the form of cash. In other words, you will be unable to use it for paying the above-mentioned expenses. It will be sent directly to the school you study at.
The Types of Expenses that are Eligible for TA Funding
As mentioned above, Air Force tuition assistance is designed to cover only tuition fees and other related fees. However, you can cover some additional expenses through this source. The list that TA will cover includes tuition, computer charges, enrollment charges, lab charges, and other necessary fees.