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Financial Aid

The Yellow Ribbon Program

Qualified military veterans can now receive reduced tuition at Merrimack College due to the College’s participation in the Yellow Ribbon Program – an educational access program for military veterans through the U.S. Dept. of Veteran Affairs.

In addition to the Yellow Program provisions, Merrimack College also awards academic credit for military based training per American Council on Education (ACE) recommendations.

When Merrimack College opened its doors in September 1947, over 60% of students were WWII veterans utilizing the G.I. Bill.

About the Yellow Ribbon Program

Through the Yellow Ribbon Program, part of the Post-9/11 Veterans Educational Assistance Act of 2008, colleges and universities can work with the federal government to offer reduced tuition and fees to qualified veterans.

The program allows degree granting institutions in the U.S. to voluntarily enter into an agreement with Veteran Affairs to fund tuition expenses that exceed the highest public in-state undergraduate tuition rate.  The GI Bill portion will pay up to $20,235.02 (for the 2014-2015 academic year) for 100% beneficiaries, and the institution can split the remaining costs of tuition and applicable fees with the Department of Veteran Affairs (for Yellow Ribbon recipients). For more information about the program, visit http://www.gibill.va.gov.

Merrimack is one of more than 500 colleges and universities participating in the Yellow Ribbon Program.