Archive for September 17th, 2009

GI Bill Gov Benefit Changes Do You Know Your Best Options

Sep 17th, 2009 Posted in Education | no comment »

On August 1st 2009 your GI Bill Gov benefits has changed, and these changes can make a big difference in the amount of money you could receive for you education. This makes it very important for you to understand the differences, so that you select the program that is best for you.

There is one significant difference in the benefits due to the Post 9/11 GI Bill, which usually results in the benefits being greater than under the Montgomery GI Bill’s provisions.

Here are the differences between the two Bills mentioned above.

The Post 9/11 Bill will pay directly to the school you select all tuition and fees up to the cost of the most expensive state Institution of Higher Education of the Sate the school you select resides.

You would even be eligible for a housing allowance that depends on an E-5 with dependence. Part of the funds received from the GI Bill are determined by the school’s location, based on its zip code.

You would even get a stipend of about $1,000 per year for books.

Compare this amount to the $1,321 monthly payment from the Montgomery GI Bill, which is less than the Post 9/11 GI Bill – but that amount should not be your only deciding factor.

One such thing to consider is, some States the cost of tuition and housing would be less than the $1,321 monthly allowance you would receive under the Montgomery Bill., therefore making it the best choice.

A few states don’t charge Veterans tuition at all, these should be considered when thinking of using the Montgomery Bill.

You will have more options due to the Post 9/11 GI Bill, but you have to do research to choose the right school.

You can only pick between the two bills once.

The easiest way to make the right choice is to contact Military friendly schools within the Sate that you want to attend classes, and allow them to help you pick the Bill that will pay you the most benefits.

Military friendly Schools would contain staff that knows the various GI Bill Government programs, and it is in their best interest to aid you in taking the correct decision.

Michale Considine has done extensive research on how best to select a Veterans GIBill Gov benefits and finding Military friendly schools. Click the link above to get information on your GI Bill benefits.