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Montgomery GI Bill

montgomery gi bill

The Montgomery GI Bill is one way to have the VA pay for your schooling. While these days it might be best to go with the Post 9/11-GI Bill instead, the Montgomery GI Bill is still an option. Here is some information about this bill to help you make your decision.

The first GI Bill, which was called the Servicemen’s Readjustment Act, started in June of 1944 to help ease the transition into civilian life for soldiers after the war. The Montgomery GI Bill was named after Mississippi Congressman G.V. “Sonny” Montgomery after Congress revamped the VEAP law in 1984. Since 1984 there have been changes such as the compensation amounts being raised.

Montgomery GI Bill

There are two types of Montgomery GI Bills, MGIB-AD and MGIB-SR.

Montgomery Bill – Active Duty (MGIB-AD or Chapter 30)

This type of GI Bill gives educational benefits to veterans and service members who have served at least two years of active duty.

There are a variety of programs you can use the bill for:

Montgomery GI Bill Eligibility

Montgomery GI Bill – Selected Reserve (MGIB-SR)

Montgomery GI Bill vs Post 911 GI Bill

One of the most significant differences between the Montgomery GI Bill and the Post 911 GI Bill is the amount you receive from the VA for school. For the Montgomery GI Bill, you would receive a monthly rate to use for school. For example, if you had completed an enlistment of at least 3 years and were going to school full time, you would receive $2,210 a month with the 2022/2023 rates. You can check what the current Montgomery GI Bill rates are on this website.

The Post 9/11-GI Bill will pay for 100% of the tuition and fees at a public college or university and up to a certain amount at a private school based on the current cap. You could then use the Yellow Ribbon Program if your school takes part in that program to make up the difference.

Both programs are for 36 months of benefits, but with the Post 9/11-GI Bill, you will be eligible for 15 years after separation instead of 10. The Montgomery GI Bill also does not cover books and living expenses as the Post 9/11 one does.

In some cases, if you have used up your Montgomery GI Bill benefits, you might be able to qualify for 12 months of the Post 9/11 GI Bill benefits. Please contact the VA to find out for sure.

The Montgomery GI Bill is one way to find money to go to college. Check and see if this program is the right one for you and your needs.





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