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What does a “month” of benefits mean?

Benefits mean month
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What does a “month” of benefits mean?

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Every time you use the current FY maximum “payment rate” ($985) of MGIB benefits you use a month. Most active duty members will use smaller portions of the funds at different times through programs like Top-up, Vo-Tech, Certification Tests, or as Part-time students. This means that the length of the course doesn’t determine how many months of benefits you use, the amount of benefits you draw determines the amount of months you’ve used. You are charged a month only when your total payments reach $985 or a multiple of the maximum “payment rate”. Example: If Airman Jones uses $450 dollars for top-up, he has used a half-month of his benefits. The key to remember is that a “month” is more correctly defined as a monetary portion not a 30-day period of training. How often will I receive payments? In most cases you will receive your benefits on a monthly basis. However each month that you are enrolled in classes you are required to verify your “status” this can be accomplished through Web Auto

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Every time you use the current FY maximum “payment rate” ($985) of MGIB benefits you use a month. Most active duty members will use smaller portions of the funds at different times through programs like Top-up, Vo-Tech, Certification Tests, or as Part-time students. This means that the length of the course doesn’t determine how many months of benefits you use, the amount of benefits you draw determines the amount of months you’ve used. You are charged a month only when your total payments reach $985 or a multiple of the maximum “payment rate”. Example: If Airman Jones uses $450 dollars for top-up, he has used a half-month of his benefits. The key to remember is that a “month” is more correctly defined as a monetary portion not a 30-day period of training. How often will I receive payments? In most cases you will receive your benefits on a monthly basis. However each month that you are enrolled in classes you are required to verify your “status” this can be accomplished through Web Auto

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For Veterans: Every time you use the current Fiscal Year (FY) maximum “payment rate” ($1,321) of MGIB benefits you use a month. Here is what the VA says: “If you are a veteran and you receive $5,284 (or more), and your full-time MGIB rate is $1,321, divide $5,284 by $1,321. Your entitlement charge is four months. However for active duty: If you are on active duty and you go to school full-time for four months, but your tuition is only $1,000, you will still be charged for four months of your GI Bill 36 month entitlement. Note: It only “pays” to use your GI Bill on active duty if your tuition costs are high or you use it as Top-up.

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Example For Veterans: Every time you use the current Fiscal Year (FY) maximum “payment rate” (in 2009 it was $1,321) of MGIB benefits you use a month. Here is what the VA says: “If you are a veteran and you receive $5,284 (or more), and your full-time MGIB rate is $1,321, divide $5,284 by $1,321. Your entitlement charge is 4 months.” However for active duty: If you are on active duty and you go to school full-time for four months, but your tuition is only $1,000, you will still be charged for four months of your GI Bill 36 month entitlement. Note: It only “pays” to use your GI Bill on active duty if your tuition costs are high or you use it as Top-up.

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For Veterans: Every time you use the current FY maximum “payment rate” ($1034) of MGIB benefits you use a month. Here is what the VA says: “If you are a veteran and you receive $4136, and your full-time MGIB rate is $1004, divide $4136 by $1034. Your entitlement charge is 4 months. However for Active Duty: If you are on active duty and you go to school full-time for 4 months, but your tuition is only $1,000, you will still be charged for 4 months of your GI Bill 36 month entitlement. Note: It only pays to use your GI Bill on active duty if your tuition costs are high or you use it as Top-up. How is Top-up charged against my GI Bill Benefit? If you receive $517 for Top-Up, and your full-time rate is $1034, divide $517 by $1034. Your entitlement charge is one-half month. How often will I receive payments? In most cases you will receive your benefits on a monthly basis. However each month that you are enrolled in classes you are required to verify your “status” this can be accomplished th

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