The answer is yes, the GI Bill is funded by federal dollars. In fact, all iterations of the GI Bill and other military education benefits programs are federally funded by the Veterans Benefits Administration (VBA).
These include:
• Post-9/11 GI Bill and Forever GI Bill
• Active-Duty Montgomery GI Bill
• Reserve and Guard Montgomery GI Bill
• Vocational Readiness and Employment Program
• Survivors’ and Dependents’ Educational Assistance (DEA)
• Marine Gunnery Sergeant John David Fry Scholarship (Fry Scholarship)