This website is not affiliated with the U.S. government or military.

Pay for School with the Montgomery GI Bill

Posted : Monday December 15, 2008
Created by: MSG Randall High, U.S. Army (ret)
Getting your college degree is a great way to ensure that you have a comfortable, financially stable future. As an active duty or reserve soldier, you might be eligible for money to cover your tuition from the Montgomery GI Bill.

The GI Bill was created in 1944 to help returning World War II veterans pay for their education, purchase homes, and start new businesses. Today's Montgomery GI Bill is available for National Guard soldiers and both active duty and reserve soldiers in the Army, Navy, Air Force, Marines, and Coast Guard. The GI Bill can help to pay for college, graduate school, technical or vocational school, distance learning, some licensing and certification tests, and for veterans and reserve soldiers' apprenticeships and on-the-job training.

The Montgomery GI Bill for Active Duty Personnel

For active duty personnel, the Montgomery GI Bill benefits are good for up to 10 years after your last day of service. You must serve on active duty for three years to be eligible for the maximum GI Bill benefits. The benefit rates are adjusted every year in October. As of October 2011, the maximum GI Bill rate is $1,473 per month. If you have been enlisted less than three years, your rate is $1,196 per month.

The Montgomery GI Bill for Reserve Soldiers
As a reserve soldier, you also have ten years to use your GI Bill benefits. To earn the maximum Montgomery GI Bill benefits using the Reserve Educational Assistance Program (REAP), you need at least two consecutive years of service. The GI Bill can give you up to $860 per month if you are a full-time student and $731 per month if you are training on the job. The money for on-the-job training decreases after every six months of training you complete.

How to Access your Montgomery GI Bill Benefits
No matter whether you are on active duty or in the reserves, you will need to use the GI Bill WAVE, or Web Automated Verification of Enrollment. Each month, you must log on to the GI Bill WAVE website to verify that you are still in school so that you can receive your benefit.

The Montgomery GI Bill is a great resource for furthering your education. It pays to find out how much money you can earn through the GI Bill.


Privacy Policy | About Us | FAQ | Terms of Service | Disclaimers | Do Not Sell My Personal Information (CA and NV residents)

Copyright © 2020 EducationDynamics. All Rights Reserved.

This is a private website that is not affiliated with the U.S. government, U.S. Armed Forces or Department of Veteran Affairs. U.S. government agencies have not reviewed this information. This site is not connected with any government agency. If you would like to find more information about benefits offered by the U.S. Department of Veteran Affairs, please visit the official U.S. government web site for veterans’ benefits at http://www.va.gov.

The sponsored schools featured on this site do not include all schools that accept GI Bill® funding or VA Benefits.For more information on how to choose a school, visit. For more information on ArmyStudyGuide.com, visit our FAQ page or follow the About Us link found below. To contact ArmyStudyGuide, email us.

Disclosure: EducationDynamics receives compensation for the featured schools on our websites (see “Sponsored Schools” or “Sponsored Listings” or “Sponsored Results”). So what does this mean for you? Compensation may impact where the Sponsored Schools appear on our websites, including whether they appear as a match through our education matching services tool, the order in which they appear in a listing, and/or their ranking. Our websites do not provide, nor are they intended to provide, a comprehensive list of all schools (a) in the United States (b) located in a specific geographic area or (c) that offer a particular program of study. By providing information or agreeing to be contacted by a Sponsored School, you are in no way obligated to apply to or enroll with the school.

This is an offer for educational opportunities that may lead to employment and not an offer for nor a guarantee of employment. Students should consult with a representative from the school they select to learn more about career opportunities in that field. Program outcomes vary according to each institution’s specific program curriculum. Financial aid may be available to those who qualify. The financial aid information on this site is for informational and research purposes only and is not an assurance of financial aid.