Comparison of the New Post 9/11 GI Bill to the Montgomery GI Bill

Comparison of the New Post 9/11 GI Bill to the Montgomery GI Bill

(based on H.R. 2642) This chart reflects information found in the pending GI Bill – H.R 2642

COMPONENTS OF BILL

 Post 9/11 GI Bill
Proposed 

Chapter 33

Montgomery GI Bill

Chapter 30 

Payment Rate for
Full-Time Student

A payment indexed to full in-state tuition for public schools. Paid per term.*

 Annually set – nationwide – monthly payment rate. Currently set at $1,101. The payment rate may increase to $1,321 for 2008-2009+

Additional expense
payments

Living Expenses – stipend based on local BAH for E-5 with dependents – paid monthly*
Books and Fees

 

 No additional payments for expenses.

Eligibility Requirements

Any active-duty service since Sept. 11, 2001***

 Entered military after June 30, 1985

VEAP-era 
Eligibility

 Yes – those who meet the eligibility criteria above.

No – Except those who elected to convert in the past. .

Benefit Expiration

15 Years after discharge or separation.

 10 Years after separation or discharge.

Transfer benefits
to families

Yes – Although the details are still to be released.

  Limited – Currently Limited to Army for Critical MOS only

Enrollment fee

 None

 Yes – $1,200

    • This MGIB rate increase is included in H.R. 2642 
    • Based on current State’s highest public college/university undergraduate tuition and fees rate
    • Additionally, this payment is determined by the length of post 911 service 
    • The less time in service since Sept. 11. 2001 the lower the payment rate
    • Traditional or On-campus students only 
    • Distance learning and online students are not eligible for this stipend
    • Any servicemember (including Guard and Reserve) who has or was placed on active-duty since Sept. 11, 2001

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