Whats the best way to utilize the VA home loan and the GI bill at?
Whats the best way to utilize the VA home loan and the GI bill at the same time? These are two entirely unrelated benefits. The first is to help veterans buy a home, while the second is to help a veteran go to school. Each benefit has separate eligibility requirements that do not depend on the other benefit. The only possible point of overlap is that the GI Bill pays a housing allowance that is based on average rental prices in the ZIP Code where the school is located. If you are looking to maximize the value of the housing portion, then you would want to go to school in an area where the ratio of monthly rental cost to home purchase price is very low. However, this might require going to a school that costs more than the GI Bill covers, so it may not be a winning strategy in the end.