The Post-9/11 Veterans Educational Assistance Act of 2008, or Post-9/11 GI Bill, becomes effective August 1, 2009. The bill covers in-state graduate and undergraduate fees and vocational and technical training for veterans who served after September 10, 2001. Benefits are available for up to 36 months--equivalent to four academic years--and veterans have 15 years to use the benefits after separation from service. The Post-9/11 GI Bill can be used toward undergraduate and graduate degrees at any public two- and four-year institution and at participating non-public colleges and universities. This brief paper discusses the impact of the updated Post-9/11 GI Bill on tuition fee allocation, the Yellow Ribbon Program, and participation in the Yellow Ribbon Program in California.