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Under the new GI Bill, which covers veterans' tuition up to the most expensive resident rate at a public college in the state, private colleges have the option of entering into a matching program with the federal government to cover the balance. How many colleges will participate in the Yellow Ribbon program, and to what extent, has been an open question as many institutions await final regulations. Significantly, the University of Phoenix, which serves more veterans than any other college, does plan to participate in the new GI Bill's Yellow Ribbon program at the maximum 50 percent match, for 30,000 students or more (which would cover current veteran enrollment), according to Patrick Sutliff, who oversees veterans affairs at the institution.
