Military students who are eligible for Post 9/11 GI Bill ® Benefits qualify for the annual VA Book Stipend. This stipend will aide students in covering costs of supplies, equipment, books and other various educational tools. This is a lump sum payment accompanies the living allowance for the first month of each semester, quarter or term. Payments will be $41.67 for every credit that is enrolled. However, payments may not exceed more than $1,000 per calendar year. For example, a student enrolled in 12 units will receive $500 for that academic term.