Is It a Good Idea to Transfer My Post 9/11 GI Bill Benefits to My Newborn Child?
Q: I am pregnant and four years away from retirement. My goal is to convert my legacy GI Bill/College Fund benefits to Post 9/11 GI Bill and transfer that to my child. Is this possible and if so, is it a good idea?
A: It is possible (and a great idea, especially if you don’t have any intentions of using your GI Bill benefits yourself) to convert your Legacy GI Bill (the Montgomery GI Bill – Active Duty) to the Post 9/11 GI Bill and transfer its benefits to your child once s/he is born.
And just so you know, you couldn’t transfer your College Fund benefits to your child. Also keep in mind that if you transfer all of your GI Bill benefits to your child, you would not have any benefits left for yourself to use in conjunction with your College Fund.
Once your child is born, and you have him/her registered in DEERS, you can go to the milConnect website and make a transfer request. Just click on the Transfer of Benefits link to get started. Once finished, the Status Block will show “Transfer Pending”.
Keep checking back occasionally and watch for that status to change to “Transfer Approved”. Once the status changes, then your benefits have been transferred to your child.
Right now, your child would go to the eBenefits website and submit VA Form 22-1990e to get a Certificate of Enrollment and use those benefits. What the procedure will be once s/he is ready to go to college is unknown, but it will be something similar.