How Does the Montgomery GI Bill Refund Work? Based on my understanding, you have to be eligible for the Post-9/11 GI Bill, elect to give up your MGIB benefits and switch to the Post-9/11 GI Bill, use all your Post-9/11 GI Bill benefits, and request a refund.
In 2008, the GI Bill was updated once again. The new law gives Veterans with active duty service on, or after, Sept. 11 2001, enhanced educational benefits that cover more educational expenses, provide a living allowance, money for books and the ability to transfer unused educational benefits to spouses or children.
Individuals who entered Active Duty after June 30, 1985 OR who served a combination of at least 2 years of Active Duty service and 4 years of Selected Reserve service after June 30, 1985 may qualify to receive a refund of the $1,200 deduction for the Montgomery GI Bill - Active Duty (Chapter 30) under the Post-9/11 GI Bill (Chapter 33).
You have 10 years from your ETS date to use the MGIB, or 15 years from your ETS date to use the Post 9/11 GI Bill if you qualify for it.VEAP is 10 years from your ETS date as well. The VA even goes as far as to tell me in the letter I get every semester how I've used so to date, and much longer I have to use all the benefits left.
Thanks to the new Post 9-11 GI Bill, you may be able to transfer your educational benefits to your children or another family member if you meet certain criteria. Now the program has gotten even better thanks to upgrades from Congress.
Find out if you can transfer any of your unused Post-9/11 GI Bill benefits to your spouse or dependent children. Note: The Department of Defense (DoD) decides whether you can transfer benefits to your family. You can transfer benefits if you’re on active duty or in the Selected Reserve and you ...
On the other hand, if you save your Post 9/11 GI Bill benefits for your kids, you'll have a lower lifetime income and you'll only be able to put one child through school on the GI Bill.
Post-9/11 GI Bill. If you have at least 90 days of aggregate active duty service after Sept. 10, 2001, and are still on active duty, or if you are an honorably discharged Veteran or were discharged with a service-connected disability after 30 days, you may be eligible for this VA-administered program.
Now that the Post 9/11 GI Bill has been in effect for a few years, we've got solid reports of veterans who have successfully used all their Post 9/11 GI Bill and have received a refund of their ...
Since 1944, the GI Bill has helped millions of Veterans pay for college, graduate school, and training programs. Under this bill, qualifying Veterans and their family members can get money to cover all or some of the costs for school or training. Learn more about these benefits below—and how to ...