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

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