I have a 2022 LHP currently in the lower 80s. Hopefully he'll continue to improve enough to play at the college level. I recently signed up for another 4 years in the military to transfer my GI Bill to him. I know we're a little down the road yet for colleges, but trying to get a feel for how we should handle it when we get to that point. Should we tell colleges that he's interested right off the bat that he has it, hold back to see what they'll cover or ????
The bill will cover 4 years of tuition & fees, give him a monthly check for living expenses, and pays $1,000/year for books. He can use it to pay undergraduate or graduate expenses, but must use it prior to turning 26.
As a parent of a college junior that's not playing sports, I know that college is rarely completed in 4 years & I'm sure it's more difficult when you add in the sports aspect. When we get to that point should we try to get a school to cover room & board so we could put that living expense $ back for a possible 5th year, try not to us it at all to save in case he decides to go to graduate school (no idea what he'll major in. He's a 4.0 student, but as a 14 year old thinks baseball should be a major) , or just plan to pay for everything with it?
I know we're in a very fortunate position, but I just want to make sure that we make the wisest choices possible when the time comes.