Roughly How Much Would I Get If I Switched to the Post 9/11 GI Bill?
Q: I am currently using my Chapter 30, but it expires (10 years) in November, at which point I plan on using my Post 9/11 GI Bill (60%) to finish my last two semesters…how much should I get roughly?
A: Once your Chapter 30 GI Bill expires, apply for the Post 9/11 GI Bill. Even though the VA policy is that you get the same number of months under the Post 9/11 GI Bill as you had left under the Montgomery BI Bill (MGIB), I’m hearing from many veterans that they are getting what they had left under the old GI Bill and their additional 12 months they have coming under the New GI Bill. If you switch before your MGIB expires, then all you would get is that same number of months.
You have nothing to lose and everything to gain by applying after it expires – even if you only get what you had left under Chapter 30.
As far as how much you would get under the Post 9/11 GI Bill, without knowing the zip code of your school and the number of credits you are taking, I can’t answer your question, however you can figure it out for yourself.
Go to the BAH Calculator and enter in the zip code of your school in the Duty Zip Code field. Now select E-5 from the drop-down menu in the Pay Grade field. Click on Submit.
If your rate of pursuit will be full-time, then take the E-5-With-Dependents figure returned and multiply it by .60. That will be about what you’ll get in monthly housing allowance money. If you are less than full-time then take the 60% monthly housing allowance amount and multiply it by your rate of pursuit. For example if your school considers 12 credits as full-time and you are taking 9, your multiplier would be 75% (9/12). In other words, you would get 75% of 60% amount if you were taking 9 credits.