With 3 Years of Active Duty, How Much Will My GI Bill Pay Me?
Q: How much money I will get through my GI Bill, if I finished 3 years of active service with the Army?
A: It depends on which GI Bill you are referencing. If you paid into the Montgomery GI Bill, you will have 36 months of entitlement that would pay you $1,426 per month to go to school. Out of that money, you have to pay your own tuition, fees, books and any other education-related expenses.
If you are talking about the Post 9/11 GI Bill, you will still have 36 months of benefits, but I really can’t tell you how much it will pay due to the number of variables.
The VA would pay your school directly for your tuition and eligible fees up to the in-state maximum based on the state where you school is located. The amounts for tuition and fees differ in each state and territory.
You would get a monthly housing allowance paid at the pay grade of an E-5 with dependents based on the zip code of your school. The housing allowance averages around $1,000 per month, but it can be much lower or higher depending on your school’s location. The housing allowance amount on the East and West Coasts are about double the average, whereas some of the Plains states are lower.
You would also get paid $41.67 per semester credit up to a maximum of $1,000 per year, which is enough for about 24 credits. Because I do not know your school’s zip code, I provided you with the links so you can look up the information yourself. Good luck!
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