If I Use My GI Bill, How Much Money Will I Get Paid For Having Dependents?
Q: Hello…I’m former military now out of the service and I’m in the process of using my G.I. Bill and I would like to know how much if any money I’m going to get for my dependents? I have one dependent which is my daughter. Thank-you!
A: It depends on which GI Bill you plan to use. Under the Montgomery GI Bill, you get a flat fixed amount per month and that is all you get, regardless of how many dependents you have. Out of that amount, you have to pay all your education expenses, including tuition, fees, books, etc. Right now, that amount is $1,473 for a full-time student having at least three years of service.
For that same three years of service (after September 10, 2001), the Post 9/11 GI Bill will pay you a housing allowance based on the zip code of your school and how many credits you are taking. It is paid at the E-5-with-dependents rate, regardless of how many (or if any) dependents you have. But, with the Post 9/11 GI Bill, the VA also pays your tuition and fees directly to your school at the resident rate if you go to a public school, or up to $17,500 per year, if you attend a private school. Either way, you also get a book stipend paid at $41.67 per credit up to the $1,000 per year cap.
So while you get paid for dependents under the New GI Bill, the amount you get is not driven by how many you have, so you would not get any more for having one daughter than you would if you didn’t have any children or a house full.