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not what the VA says

From the VA page explaining the new benefits law:

Effective August 1, 2011

The Post-9/11 GI Bill will now pay all public school in-state tuition and fees; this includes graduate training, etc.
For students attending private institutions of higher learning or foreign schools, the tuition and fee reimbursement is capped at the lesser of net out-of-pocket cost or $17,500 annually — however the Yellow Ribbon Program still exists
College fund payments will now be paid on a monthly basis instead of a lump-sum at the beginning of the term. Those training at ½ time or less are now eligible for college fund payments
Reimbursement is now available for multiple Licensing and Certification Tests
Reimbursement is now available for fees paid to take national examinations used for admission to an institution of higher learning (e.g. SAT, LSAT, ACT, GMAT, etc)
Vocational Rehabilitation participants may now elect the higher housing allowance offered by the Post-9/11 GI Bill if otherwise eligible for the Post-9/11 GI Bill
Break or interval pay is no longer payable under any VA education benefit program unless under an Executive Order of the President or due to an emergency situation such as a natural disaster or strike. Entitlement which previously would have been used for break pay will be available for use during a future enrollment.
This means that if your semester ends December 15 your housing allowance is paid for the first 15 days of December only. Your benefits will begin again when your new semester begins (e.g. January 15) and you will be paid for the remaining days of that month and term.
Students using other VA education programs are included in this change. Monthly benefits will be prorated in the same manner.
NOAA and PHS personnel are now eligible to transfer their entitlement to eligible dependents
Effective October 1, 2011

If you are training at greater than ½ time your housing allowance is now prorated according to the training time you are enrolled in, i.e. full housing allowance for you is $1000, you are attending ¾ time — your housing allowance would be $750 (¾ of $1000)
Housing allowance is now payable to students enrolled solely in distance learning [This Includes Online Education], the housing allowance is ½ the national average BAH for an E-5 with dependents (the rate would be $673.50 for 2011)
Non-college degree programs, on-the-job training, and flight training programs are now covered under the Post-9/11 GI Bill
The book stipend is now payable to active duty members

Read more: http://military-education.military.com/2011/01/va-offers-more-details-on...
Military Education Blog

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