GI Bill Benefits and Resources: Everything You Need to Know
College education in the United States is a high-risk investment. When you don’t earn enough to make a reasonable life, maintaining grades to continue in education becomes exceedingly difficult.
Paying down student debts compel college dropouts to remain in debt for the rest of their lives while they fight to make ends meet. As a result, more students are looking into scholarship programs to help them pay for college.
The GI Bill – Education Assistance
The Montgomery GI Bill (MGIB) and Post 9/11 GI Bill assist students in financing their education or training programs. To be eligible for both the MGIB and the Post 9/11 GI Bill, you must meet certain requirements.
Most college-bound students enroll in the Post 9/11 GI Bill, whereas those who plan to serve in the army after September 11, 2001, are eligible for either choice.
The GI Bill not only offers money for a four-year degree program, but students can also get financial assistance for a variety of academic programs.
This includes the following:
- Apprenticeships
- College Degrees
- Certificate Programs
- Correspondence Classes
- Entrance Examinations
- Entrepreneurship Training
- Flight Training
- High-Tech Training
- Licensing and Certification Exams
- On-the-Job Training
- Technical or Vocational Classes
The GI Bill’s Advantages
Both programs provide students with up to 36 months of benefits, which include the following:
- Tuition fees
- Living costs
- Cost of books and supplies
- Money to help you move from a rural area to school
The benefits granted have restrictions and may not cover all expenses for all students. This is determined by the learner’s time of active duty since September 11, 2001. The sum is to be computed based on the maximum benefit percentage.
This implies that a trainee with 90 days of active duty in the army will only be eligible for 40% of the maximum amount. Meanwhile, a student with three years of active duty will be entitled to 100% of the whole sum, which would cover the learner’s tuition and other academic expenses.
Eligibility for the GI Bill
To be eligible for the educational benefits provided by the GI Bill, students must meet at least one of the following requirements:
- Must have completed at least 90 days of active duty beginning on or after 9/11.
- Served for at least 30 days in a row beginning on or after 9/11
- Must be a dependent kid who receives benefits from a qualified military member.
- Must have received a Purple Heart on or after 9/11.
The needed CGPA to enroll in a certain program is determined by academic standards.
Finally, consider the following:
The GI Bill enables individuals to enroll in their selected school program without fear of financial hardship. Students who qualify for the GI Bill are not required to maintain a certain college grade point average since it is not specified in the eligibility requirements.