Thursday, April 23, 2009

Post 9/11 GI Bill (Chapter 33 Benefits)

The Post 911 GI Bill is the most comprehensive eduction benefit package since the original GI Bill was signed into law in 1944.  Individuals who are eligible for the new benefit may begin using the benefit August 1, 2009 for training that begins on or after that date.  

BASIC ELIGIBILITY
Only active duty service performed after September 10, 2001, may be considered for determining eligibility for this new benefit.  To be eligible, a service member or veteran must have served at least 90 aggregate days on active duty.  However, individuals honorably discharged for a service-connected disability who served 30 continuous days after September 10, 2001, may also establish eligibility

BASIC BENEFITS
The maximum basic benefit provides the following:
*Cost of tuition and fees, not to exceed the most expensive in-state undergraduate tuition at a public institution of higher learning in the state you are attending school;
*Monthly housing allowance equal to the basic allowance for housing payable to an E-5 with dependents, in the same zip code as the school; and
*Yearly book and supplies stipend of up to $1,000 per year.

The maximum basic benefit is earned after serving an aggregate of 36 months of active duty service or after 30 days of continuous service for those individuals who were discharged for a service-connected disability.  Individuals serving between 90 days and 36 months of aggregate active duty service will be eligible for a percentage of the maximum benefit.

The percentage level ranges from 40% of the basic benefit for those whose service is between 90 days and 6 months to 90% for those who served between 30 a 36 months.  For example, an individual with 5 months of qualifying service could receive 40% f the tuition benefit, 40% of the monthly housing allowance, ad a maximum of $400.00 books ad supplies stipend.

For more information visit www.gibill.va.gov

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