Do I Have Enough GI Bill Benefits Left to Finish School?
Q: I have 24 months and 5 days left of GI Bill benefits. I am transferring to another school as a sophomore. Can I finish my degree with that amount of benefits left?
A: Assuming you had 36 months of GI Bill benefits when you started school, that is usually enough to get a four-year degree by going to school for four 9-month academic years. With 24 months of GI Bill benefits left, I’m going to assume you are probably into your third month of your sophomore year (12 – 9 = 3). Twenty four months of benefits will provide you with two 9-month academic years with 6 months left over. So if you are in your third month or more of your sophomore year, you will have enough to finish. If you are at the less-than-3-month mark, you will be short.
You don’t say which GI bill you currently have, but consider this: If you have the Montgomery GI Bill, and you qualify for the Post 9/11 GI Bill also, you can get some additional months of schooling. First exhaust your MGIB benefits, then switch over to the Post 9/11 GI Bill and get up to an additional 12 months.
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