Which GI Bill is Better? - Montgomery & Post-9/11 GI Bills

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The VA website is the final authority on all information relating to the GI Bills. The VA can be contacted at 1-888-441-4551.

Montgomery GI Bill (MGIB-AD / Chapter 30)
- You will be default enrolled in this version
- Pay $100 a month for 12 months ($1,200 total paid in)
- Benefits are paid directly to you and not the school you are attending
- Can be used after two years of service completed
- Can not be transferred to a family member
- If used while serving, benefits are capped at cost of tuition and fees
- Must use within 10 years after leaving military
- Benefit rate increases every Fall
- Current MAX benefit is $1,994 for full time student
- Current HALF rate benefit is $997 for half time student

Post-9/11 GI Bill (Chapter 33)
- Must opt-in for this benefit
- Once you opt-in, you are never eligible for the Montgomery again
- You contribute $0 to the fund
- Money is paid directly to the school, not to you
- After 90 days of active duty, eligible for 40% benefits
- After 3 years active duty, eligible for 100% benefits
- Transferrable to dependents (with some conditions)
- May receive BAH (E5 Dependent rate if greater than half time)
- If used while serving, can not collect BAH
- Must use within 15 years after leaving service
- All tuition and Fee Payments covered for in-state students
- All veterans for three years after separating are eligible for in-state tuition in all 50 states by law under the Veterans Access, Choice, and Accountability Act
- Covers $24,476.79 a year for a private institution
- Yellow Ribbon Program can help cover remainder
- Current national average for E5 Dependent Rate for BAH is $1650
- Can use Post 9/11 at international schools and receive national average BAH
- BAH for online schools is currently $825
- Book stipend is $1000 a year up to 4 years

Transfer Qualification for Post-9/11 GI Bill
- Must have served 6 years and agree to serve 4 more (10 total)
- Must have completed transfer request before leaving service
- Family member must be enrolled in DEERS
- Can transfer all 36 months or a remaining portion of unused benefits
- Can divide benefits among multiple dependents
- Spouse can use it up to 15 years after you separate
- Dependent can not collect BAH if you are still active and collecting BAH
- Child can wait to use benefits between ages of 18-26

Montgomery GI Bill Benefits VA Website

Post-9/11 GI Bill Benefits VA Website

Yellow Ribbon Schools

Tuition Assistance ‘Top-Up' Program

$600 Buy Up Program

48 Months of Benefits Under Two GI Bills

Montgomery GI Bill User Guide

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DISCLAIMER:
This video is for entertainment purposes only. I am not in any way acting as an agent or representative of the Department of Defense or United States Federal Government when presenting this information. I am not a legal or financial expert or have any authority to give legal or financial advice. While all the information in this video is believed to be accurate at the time of its recording, realize this channel and its author makes no express warranty as to the completeness or accuracy, nor can it accept responsibility for errors appearing in this video.

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[theonlyone-xcpu]

Awesome breakdown. Helped me considerably, as I was debating the two and trying to assesse the better option for myself

[jamaratho]

You do a better job than any information online. So concise and answering all my q's. Gratitude

[paulcaskey]

I had the MGIB. They told us we had ten years from the time we started using it. (I wrote it down, so I know I didn't remember incorrectly.) Of course, that was not the case which I discovered when I had one year of eligibility left. At that time, I think it paid out something like $200 a month. So I barely got any money out of it, especially considering I had already paid $1200 in to the program. Wish I had just purchased Apple stock.

[JiuJitsuM]

4:45 this is sadly not true. There are only two ways to get that $1200 if you chose to opt for the Post 9/11 but you paid into the Montgomery.
1. Death
2. A refund after completely exhausting all 36 months of the Post 9/11 GI bill.
Calling the VA or going to the education center will tell you the same thing.

[cooperharris]

Thank you so much!! I've been super confused about this for a while now but you explained everything and cleared it up for me!!! Again thankyou so so much!!

[Jfarmerthunder]

You should do an update video on this as a lot has change for example Montgomery has to be used within 10 years after active duty service vs posts 9/11 which doesn't expire anymore.

[schutes]

great video. Thank you for being straightforward with the information :)

[nathtimcina]

I think, some of the stuffs (expiration date) changed with the Trump's Forever GI Bill. Am I wrong?

[Mangokyaw]

@9:55 i was informed that the 9/11 post GI bill is forever.. why does it say here within 15 years? so confused.

[eitonaraoka]

The online learning better have changed now!! Also great video thanks for making it it was very informational

[melersoy]

Thank you so mich for this. My son just joined and they signed him to montgomary but 911 is way better. Now we know the difference. How can he switch?

[chainsawmack]

Thank you for your analysis.

I feel skeptical that everyone I know says post-9/11 is best financially, yet these same people believe you cant make money off TSP or selling leave days over terminal leave (100% wrong when you do the math). I also feel skeptical that I paid $1200 into a MGIB program, yet the program that costed nothing is going to give better benefit.

Devils advocate: How is the MGIB better? I know you said if youre part time MGIB is better, but is that all?? That's it?

[TheSoldierBarberLife]

Great video, I am currently on active duty and considering using mine G.I. Bill for a trade school. Knew most of the info in this video but it’s always good to hear other people talk about it and catch little bits and pieces that I may not have known

[sturmbreakers]

I’m not sure if you’re tracking that if you’re less than full time you don’t reduce the benefit on a full month basis it gets prorated so you won’t get full BAH either so you’re not losing benefit going part time but just extend out

[wearyprovo]

In boot camp i was forced to choose the mont gi bill because no one would explain our options. here i am three years later finally learning about my real options outside the military.

[sapereaude]

In my opinion, the Post 9/11 GI Bill is better for the majority of people seeking to attend a 4 year university full time.

[davidcandito]

you no longer need to use the post 9/11 within 15 years. You have it for life. That's subject to change, but currently part of that benefit. Also, for both GI bills, if you serve less than 3 years and get out on medical that's service related, you will receive 100% education benefits. If you get out in less than 3 years on good standing, you can still use either bill but will have less benefits. As far as switching to the post 9/11 from montgomery after paying for it, you will get refunded the $1200 only after you've exhausted your post 9/11 benefits.


Just went through some different classes on my installation, TAP, education track, some career path course and a class on entrepreneurship.

[fgonzalez]

THANK YOU! Any chance you can do a video about green to gold for active duty enlisted?

[cadykagume]

You said in the video that I can transfer the post 911 to my child. And if I transfer to my baby he can use it when he's college age (7:08). But before that you said it must be used within 15 years after leaving service. A baby wont be college aged until 17. So the transfer benefit is lost?? Please explain.

[eventh]

Why would anyone ever enroll in the buy up program? You lose money. (600 x 12 = 7200) (150 x 36 = 5400)