The dollars you get for your education may change significantly, because as of August 1st, 2009, the G.I. Bill Government benefits are being recalculated. In order to choose the program that best suits your needs, it's crucial that you are aware of the differences.
There is one significant difference in the benefits due to the Post 9/11 GI Bill, which usually results in the benefits being greater than under the Montgomery GI Bill's provisions.
These are the ways in which the two Bills that have already been mentioned differ.
The Post 9/11 Bill will pay directly to the school you select all tuition and fees up to the cost of the most expensive state Institution of Higher Education of the Sate the school you select resides.
When you do this you will receive an E-5 with dependents rank housing allowance. The zip code of your school will determine the amount of the benefit.
You will also receive a stipend of up to $1,000 for books annually.
Compare this amount to the $1,321 monthly payment from the Montgomery GI Bill, which is less than the Post 9/11 GI Bill - but that amount should not be your only deciding factor.
One such thing to consider is, some States the cost of tuition and housing would be less than the $1,321 monthly allowance you would receive under the Montgomery Bill., therefore making it the best choice.
A few states don't charge Veterans tuition at all, these should be considered when thinking of using the Montgomery Bill.
While the new Post 9/11 GI Bill is a great benefit, because it gives you more options, it also makes it very important that you do your homework before you select a school.
You will only have one chance to make the correct selection between the two Bills, and once you make that choice you can not change your mind.
The easiest way to make the right choice is to contact Military friendly schools within the Sate that you want to attend classes, and allow them to help you pick the Bill that will pay you the most benefits.
Military friendly Schools will have staff that understands the different GI Bill Government programs, and it is in their best interest to help you make the right decision.
About the Author:
Mike Considine has done many hours of research on how to best select a vets GIBill Gov benefits and how to find Military friendly Universities. Click the link above to get information on your GI Bill benefits.
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