The Montgomery GI Bill (MGIB) offers up to 36 months of education based benefits to eligible active duty soldiers (as well as veterans) for a variety of programs including: college; technical, business, or vocational school; on the job training or apprenticeship; refresher training; flight training; and correspondence courses.
While the above may not make full sense, this will: if you are eligible for the Montgomery GI Bill you can receive a monthly payment of at least $579 (more on eligibility requirements below).
Learn more about joining the Army and taking advantage of this education benefit, among others.
Eligibility for the Montgomery GI Bill
As an active duty soldier, you may be eligible for this education benefit after serving only two years of active duty. In other words, you don’t have to wait a long time to take advantage – this alone is a huge benefit.
Additionally, you must have a high school diploma or equivalency certificate.
Let’s face it: most people are interested in the payment/benefit that they are going to receive. Rates are based on the following:
- Length of enlistment
- Type of training
- Number of classes you are enrolled in
- Participation in a college fund program
- Participation in the buy-up program
Note: rates are determined by Congress and generally change every year.
Rates for Full-Time Training
- Original enlistment of less than three years – $1,158 per month
- Original enlistment of three years or more – $1,426 per month
Rates for Part-Time Training
- ½ time with original enlistment of less than three years – $579 per month
- ½ time with original enlistment of three years or more – $713
- ¾ time with original enlistment of less than three years – $868.50
- ¾ time with original enlistment of three years or more – $1,069.50
How to Apply for the Montgomery GI Bill
To get started, complete VA Form 22-1990, Application for Education Benefits or visit the Veterans Affairs website.