How Much Will I Receive from the GI Bill?
Q: How do I know how much I will receive from my GI Bill?
A: It depends on which GI Bill you are talking about. If you have the Montgomery GI Bill, then you will get $1,421 per month to go to school and you have to pay all your own education expenses. However, if you are talking about the Post 9/11 GI Bill, then I can’t tell you exactly how much without knowing where you will go to school.
I can tell you the VA will pay your tuition and fees directly to your school, up to the in-state maximum for the state where your school is located. I can also tell you that, if you are a greater-than-half-time student taking at least one class in a traditional classroom setting, you will get the housing allowance.
The Post 9/11 GI Bill housing allowance is based on the zip code of your school and paid at the pay grade of an E-5 with dependents. Across the whole United States it averages about $1,000 per month, however, it is over twice that amount if your school is on either the East or West Coast; the Midwest is slighter lower than the average. Also, you would get up to $1,000 per year in a book stipend paid at the rate of $41.67 per credit. So while I can’t tell you exactly how much you would get, this should give you an approximation.