How Does the VA Calculate Post 9/11 GI Bill Entitlement Use?
Q: I do not understand the calculations for the months and for the benefits. For Post 9/11 V.2.0, are the months remaining arranged just like the rate of pursuit tiers? For example, 10 units certified is listed as 80% rate of pursuit. Is the VA also deducting 80% of the months and days remaining, or 10/12=83% (with rounding)? Thank you.
A: Post 9/11 GI Bill entitlement use calculations are made based on the rate of pursuit figured by taking the number of credits you are taking, times 30 days per month, divided by the number of credits considered full-time by the school.
So if you are taking the minimal number of credits the school uses as their full-time floor, you would use up one month of entitlement for each month of school. But if you are taking for example 10 credits, and your school considers 12 to be their full-time floor, then you would use up 25 days of entitlement for each month of school (30 days x 10 credits = 300 credit days/12 credits = 25 days).
However, unlike you noted in your questions, the VA adjusts how much entitlement you have left based on months and days and not a straight percentage. That is how you can end up with a certain number of months and days of entitlement left instead of just straight months.
Also note that because the monthly housing allowance is partially calculated based on the number of credits taken, and due to the Post 9/11 GI Bill 2.0 fix last year, your housing allowance would be proportionally less (based on the number of credits you take) if you take less than a full credit load. If you take less than 51% of the full-time credit number, you are not authorized any housing allowance at all.