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New GI Bill
#1
This may be something for the Off-Topic board, but it's important enough that I wanted everyone to see it. Word is starting to trickle out about the new GI Bill that will go into affect on August 1st, 2009. In a word, it rocks. Instead of a set amount, the Bill will cover up to the tuition of the "most" expensive public school in the state. (In other words, as long as your school's tuition is less than the most expensive public school tuition in the state, you're fully covered) In addition, you get book allowances, and a housing allowance at the E5 level.

For those who have served after September 10th 2001, you may be entitled to the new GI Bill. It's based on months served after that date, and is broken down by percentages. For example, I seperated in March of 2004, so I fall under the 30 months of active service = 90% section. They've increased the time to use it to 15 years, from the date of your seperation.

So with all of that good news, the bad news is relatively tame. Using your current GI Bill counts towards the new GI Bill. It's done by months from the looks of it, so for every month you use of the current GI Bill, you lose a month on the new one when it goes into affect. Just something to keep in mind if you're planning on saving some of your GI Bill for graduate school. I paid for my undergraduate out of pocket, due mainly to my intention of using the GI bill (Or Voc Rehab) to help out with the graduate degree. With the new GI Bill, quite a few schools that were out of my reach without selling organs, are now quite possible.

At the link below, you can find a Fact-Sheet that answers some of the more common questions, and explains it in more detail. If you know of anyone that may use this, then please, pass it on. It's not getting alot of play on our base, and it has the potential of helping out quite a few servicemembers.

http://www.gibill.va.gov/S22/Post_911_Factsheet.pdf

Hope everyone's been doing well,
Justin
[SIZE="2"]
-Justin
PMP, CISSP, A+, Sec+, MCDST, ITIL
Total Credits Earned: 162

www.Free-Clep-Prep.com - (with Forum Admin's permission)

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Messages In This Thread
New GI Bill - by Chebasaz - 09-09-2008, 09:24 PM
New GI Bill - by jonsosa - 09-10-2008, 01:17 AM
New GI Bill - by Nato76 - 09-10-2008, 11:52 AM
New GI Bill - by Chebasaz - 09-10-2008, 05:08 PM
New GI Bill - by originalbigjim - 09-13-2008, 04:18 PM
New GI Bill - by larry7crys - 09-16-2008, 05:07 AM
New GI Bill - by peacfulchaos2001 - 09-16-2008, 05:51 AM
New GI Bill - by Old Rusty Pipe - 09-16-2008, 07:27 PM
New GI Bill - by pitbull30 - 09-19-2008, 10:17 PM
New GI Bill - by peacfulchaos2001 - 09-20-2008, 02:08 AM
New GI Bill - by originalbigjim - 09-23-2008, 06:28 PM

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