What is the Montgomery GI Bill and how much does it pay?
The Montgomery GI Bill is a program of the Department of Veterans Affairs and your membership in the Army National Guard makes you eligible for it. It pays $263.00 per month for full-time students; $197.00 for 3/4-time students; $131.50 for 1/2-time students. You must be a high school graduate or the equivalent and have completed basic training and AIT to be eligible. You must also have entered at least a 6-year enlistment with the Guard. After you return from basic and AIT, you must see your unit about obtaining you Notice of Basic Eligibility form. That form then goes to the Veterans Representative at the school you are attending and payments are made directly from the VA to you. This is non-taxable income. If you use the full amount it comes to $9,180.00!
Related Questions
- Will the recent activation of reservists for Operation Enduring Freedom entitle them to the higher Montgomery GI Bill education benefit rates enjoyed by active-duty members?
- Im using the Post-9/11 GI Bill to pay for a portion of my tuition. Can I use financial aid to cover the rest?
- Im using MyCAA or ROTC funds to pay for a portion of my tuition. Can I use the GI Bill to cover the rest?
