New GI Bill
07-06-2008 | 06:42 PM
#1
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From: looking
New GI Bill
http://www.gibill.va.gov/S22/S22%20Fact%20Sheet.pdf
POTUS just signed the "post 9/11 GI Bill." Won't really take effect until 1 Aug 09.
Some pretty good benefits for many. Check out the details (hopefully there will be a better summary soon)
Might fund your ATP or Type rating?
For some (still TBD by DoD) you will be able to transfer the benefits to spouse & kids (pay for kid's college tuition).
POTUS just signed the "post 9/11 GI Bill." Won't really take effect until 1 Aug 09.
Some pretty good benefits for many. Check out the details (hopefully there will be a better summary soon)
Might fund your ATP or Type rating?
For some (still TBD by DoD) you will be able to transfer the benefits to spouse & kids (pay for kid's college tuition).
07-06-2008 | 07:54 PM
#3
Gets Weekends Off
Joined: Jul 2007
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From: Permanently scarred
Jim Webb (Dem Senator-VA) pushed this through, but Bush only signed on after the transferability provision was added on. To me, that's the most important part; without reading the fine print yet, I should be able to help fund my children's college tuition in eight years. Glad I got my OEF tours in and put $1,200 toward this 20 years ago! Now I just need to look into how they track said investment/qualification when I need to show proof in 2016/18.
07-06-2008 | 09:44 PM
#4
Careful w/that axe Eugene
Joined: Feb 2007
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From: HOTAS...and a SWA gear lever
Jim Webb (Dem Senator-VA) pushed this through, but Bush only signed on after the transferability provision was added on. To me, that's the most important part; without reading the fine print yet, I should be able to help fund my children's college tuition in eight years. Glad I got my OEF tours in and put $1,200 toward this 20 years ago! Now I just need to look into how they track said investment/qualification when I need to show proof in 2016/18.
07-07-2008 | 07:06 AM
#7
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From: L-382, Left/Right
07-07-2008 | 07:13 AM
#8
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From: looking
I think the requirement to use the benefit within 15 years of separation/retirement still exists.
Quote from the brochure on the VA website "How long am I eligible?
Individuals who serve at least 90 consecutive
days are eligible for 15 years from their last
period of active duty. If service is 30 days or
more and you are released for a service
connected disability, you will be eligible for 15
years. For the latest information please visit our
website at WWW.GIBILL.VA.GOV ."
Individuals who serve at least 90 consecutive
days are eligible for 15 years from their last
period of active duty. If service is 30 days or
more and you are released for a service
connected disability, you will be eligible for 15
years. For the latest information please visit our
07-07-2008 | 07:24 AM
#9
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This isn't like the Montgomery GI bill where you had to pay into it in order to be eligible. You serve = you're eligible. ROTC and USAFA (who didn't pay into Montgomery GI bill) are now eligible for this benefit. How long you serve(d) determines how much of the benefit you receive and whether or not it will be transferable.
07-07-2008 | 07:31 AM
#10
Gets Weekends Off
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From: 737 right
HH's comment is correct.
This isn't like the Montgomery GI bill where you had to pay into it in order to be eligible. You serve = you're eligible. ROTC and USAFA (who didn't pay into Montgomery GI bill) are now eligible for this benefit. How long you serve(d) determines how much of the benefit you receive and whether or not it will be transferable.
This isn't like the Montgomery GI bill where you had to pay into it in order to be eligible. You serve = you're eligible. ROTC and USAFA (who didn't pay into Montgomery GI bill) are now eligible for this benefit. How long you serve(d) determines how much of the benefit you receive and whether or not it will be transferable.
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