There is so much discussion regarding the benefits of Post 9/11 GI bill for our nation’s veterans. The Post-9/11 GI Bill helps our heroes to pay for school or job training. If you’ve served on active duty after September 10, 2001, you may qualify for the Post-9/11 GI Bill to train for a career, trade, or industry. So what fees are covered by the Post-9/11 GI Bill and does this cover formal training to become an auto dealership finance manager?
The Post-9/11 GI Bill includes payment of tuition and fees, a monthly housing allowance and a stipend for textbooks and supplies.
So, the next obvious question you may have is: Am I eligible for Post-9/11 GI Bill benefits?
You may be eligible for the benefits if you meet at least one of these requirements.
At least one of these must be true:
- You served at least 90 days on active duty (either all at once or with breaks in service) on or after September 11, 2001, or
- You received a Purple Heart on or after September 11, 2001, and were honorably discharged after any amount of service, or
- You served for at least 30 continuous days (all at once, without a break in service) on or after September 11, 2001, and were honorably discharged with a service-connected disability, or
- You’re a dependent child using benefits transferred by a qualifying Veteran or service member
Note: If you’re a member of the Reserves who lost education benefits when the Reserve Educational Assistance Program (REAP) ended in November 2015, you may qualify to receive restored benefits under the Post-9/11 GI Bill.
You may be able to get a maximum of 48 months of VA education benefits—not including Veteran Readiness and Employment (VR&E) benefits. But many applicants are eligible for only 36 months.
Why Veterans are interested in Automotive F&I Manager training course?
Auto dealerships work in often stressful situations and can benefit from hiring Veterans. Military personnel are great under pressure, focus on the task at hand, often cross-trained in multiple skills and have experience in varied tasks and responsibilities.
Discipline is the core value of our Veteran heroes. Many Veterans have learned what it means to put in a hard day’s work and appreciate the challenges and satisfaction of a job well done. Much of this experience can translate to their participation in the workforce making the Veteran an asset on the job for any car dealership.
Veterans can bring many positive traits to a dealership environment
– Working well in a team is what they had to do all the time. Teamwork is considered an essential part of daily life of a solider and is the foundation on which safe military operations are built.
– Having a sense of duty to serve country with honor. Responsibility for job performance and accountability for completing missions are something to take pride in and is part of the core values of being a solider.
– Experiencing self-confidence under pressure and in stressful situations. Holding a realistic estimation of self and ability based on experiences is expected of each Service Member and this can help enormously F&I Managers that have many tasks to complete from working with lenders to bridging the financing with the car buyers needs.
– Needless to say, our Veterans needed to be highly organized and disciplined to do their tasks.
– Possessing a strong work ethic is part of every aspect of military training to make sure that the mission always comes first.
– Having the ability to think out of the box, improvise, adapt, and to follow through on assignments, even under difficult or stressful circumstances.
– Possessing a variety of cross-functional skills, such as extensive training on computer programs and systems, interacting with various people with different skills to accomplish a task, and coordinating and troubleshooting problems in novel and known conditions – all of these help a Veteran to become an highly valuable and essential part of the finance team in an auto dealership.
Veteran often become a dedicated employee who develops valuable teamwork, leadership, and job skills, with the ability to problem solve quickly, adapt to changing situations, and able to follow rules and schedules.
Why dealerships are so keen in leveraging Veterans’ core skills
Much like car buyers, every member in a car dealership team has a different background, knowledge base and set of skills. Dealership management hope to leverage a Veteran’s individual strengths and values utilized as an F&I Manager to improve and complement the team in both day-to-day productivity, as well as to help sales managers and sales representatives to ensure a focus on key business objectives.
- Upholding high standards of customer service
- Building positive and profitable relationships
- Developing sales and F&I strategies
- Communicating new ideas and business opportunities
As the borders around dealership positions continue to fade a little, managers will increasingly rely on individual team members with strong discipline and devotion to take on specific roles based on their skill sets.
In the case of Veterans who have extensive knowledge and experience working in a team, have utilized technology, and have strong personalities – they may be the best option for motivating and keeping a team productive.
If you are a Veteran and are interesting in becoming an F&I Manager, the Automotive Dealership Institute is the only licensed and government-approved F&I school to accept Post 9/11 GI Bill® benefits. Veterans interested in pursuing a career in auto F&I can reach out directly to the VA Liaison at Automotive Dealership Institute, today!
Additional resources/reading material:
- VA Post 9/11 GI Bill – description
- VA Post 9/11 GI Bill – application process
- VA Post 9/11 GI Bill – Automotive Dealership Institute (ADI) Tuition & Housing Benefits
- VA Post 9/11 GI Bill – benefits description
- Department of Veterans Affairs, DEPENDENTS’ EDUCATIONAL ASSISTANCE PROGRAM (DEA)
- VA Guard and Reserves benefits
- Government education bill for Veterans and 9/11 GI Bill
- Veterans training via 9//11 GI Bill in automotive industry (F&I Training)
- Online Finance Manager Training courses for Veterans
- Education Option for Post-9/11 GI Bill® Benefits
- Tips for Using the Post-9/11 GI-Bill® for F&I Training at ADI
- Getting the Most Out of Your Post-9/11 GI Bill® Benefits: A Career in F&I
- Post 9/11 GI Bill® Veterans: Building A Career in Automotive Finance Manager for Veterans
- How to Start a High Paying F&I Manager Career in Automotive Industry
- Automotive Dealership Institute (ADI) Proudly Welcoming US Veterans
- Post-9/11 GI Bill® for Professional Training and Certification in Finance Manager Training
- Military and Veteran’s Education: Post-9/11 GI Bill® and Tuition Assistance