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The Montgomery GI Bill is completely different from the GI Bill passed after WWII. It was passed in the late 70's as a way to increase recruitment without any extra cost to the government. In fact, the government makes money off the Montgomery GI Bill.
To be eligible for money you must receive an honorable discharge, which 25% of those in the armed forces do not. Only 43% of those who commit $1200 dollars to the Montgomery GI Bill during the initial 12 months of service receive payout.
For more info go to:
http://usmilitary.about.com/cs/education/a/admgib.htm
The answer is right, but I work in at a college in Nebraska in the Veterans Services departmentand I believe it could've been a bit more specific.
First off, you have to apply for your benefits using an online application called VONAPP.
Depending on which "type" of service you were in (National Guard, Reserves, Full Active Duty) is what determines the amount of money you receive monthly. As stated above, you do have to receive an honorable discharge to qualify for any type of tuition assistance. But if you were full active duty you would be receiving what is known as Chapter 30. It requires 3 years of service, but not the $1,200 "kicker". How much money you receive also depends on the amount of time your going to school for the quarter or semester. A full time student gets $1,321.00 per month. With that you are expected to pay tuition & fees, and pay for your books as well. Not much of a living allowance. If youare in thenational guard or reserves and have neverbeen deployed (and still actively drilling)you wouldbe in chapter 1606 and receive a (your state here) tuition waiverplus a monthlypaycheck for booksand supplies. If you were in the guard or reserves and have been deployed you would be in chapter 1607 (you don't have to be actively drilling anymore).Again, you receive a state tuition waiver and a monthly check. The amount of this check depends on how long you were deployed for and whether or not you paid into the kicker. The easiest chapter to understand would be the onefor dependents of 100% disabled veterans or deceased veterans. This is known as chapter 35. With thischapter, once again, you apply for a tuition waiver and get a monthly check. It's all relatively easy to understand and apply for. Most colleges have a Veterans Services Department thatcanget youin and out within 20 minutes.
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Is the Montgomery GI bill tax free?
no
What was the purpose of the Montgomery GI Bill?
The primary purpose of the Montgomery GI Bill was to provide opportunities and economic help to veterans. This included sending them to college.
Can spouses use the Montgomery GI bill?
spouses can use the gi bill starting aug 2009
What are the benefits of Montgomery Gi Bill?
"There are quite a few benefits of the Montgomery GI Bill. In the past the bill would only cover higher education expenses. However, this bill covers on-the-job training, apprenticeships, and non-college degree programs."
Does the 2009 GI BILL cover optometry school?
The 2009 updates to the Montgomery GI Bill seem to apply only to online degrees. It is an addition to the existing benefits, an extension as it were.The Montgomery GI Bill is available for all accredited degree programs with recognized institutions of higher learning and trade schools.
Is there a way for those in the military to obtain a Montgomery GI Bill online when they are in another country?
"Yes, you can obtain the Montgomery GI Bill from another country. You have to present all of the qualifying information and if you are accepted, you will have no problem using it in another country."
Benefits of the gi bill?
There are many benefits of the GI Bill. Of note is that an enlisted or veteran is eligable for up to $50k in benefits for college - books and tuition! Montgomery GI Bill Benefits | Soldier to College Student in 4 Steps Read more: http://www.articlesbase.com/college-and-university-articles/montgomery-gi-bill-benefits-soldier-to-college-student-in-4-steps-2673432.html#ixzz0rPlr3d6u
What jobs can you get that the Montgomery gi bill will pay?
The GI bill won't pay for jobs or for any benifits. It's so that servicmen in the US get extra money for college.
How long do you have to use a gi bill?
On the old Montgomery GI Bill, the limit is 10 years after your last day in service. On the new Post 9/11 GI Bill, the limit is 15 years. You can request to change from the Montgomery to the Post 9/11 GI Bill, and the limit will change to 15 years. There are advantages to both systems however, depending on your situation. Don't change over blindly, do your homework. I read up on it a bit, and decided to stick with the old Montgomery system. The Post 9/11 GI Bill provides BAH to students attending full time, but your classes have to be on campus, not on-line. There's a catch to everything.
How much do gi techs make?
If you mean a Gastroenterologist, around $200,000 a year. If you mean a GI in the military, the Montgomery GI Bill program offers $1,321 after working full-time for 3 years.
How many years of active duty service must you have completed to begin in-service use of the Montgomery GI Bill?
2 years active service completed
Can you get a business loan on the GI Bill?
No, the GI Bill funds your education.
