What is GI bill?

The GI Bill is also known as the Serviceman's Readjusted Act. President Roosevelt signed this law on June 22, 1944. To know more about this GI Bill read this article.

Posted by Akshay Nair P R on 15th May 2018

What is GI bill?

The term GI Bill refers to any Department of Veterans Affairs education benefit attained by members of Active Duty, chosen Reserve and National Guard armed forces and their families. 

Through the Veterans Administration (VA), the bill provided grants for college and school tuition, low-interest mortgage, small-business loans, hiring opportunities, job training, and unemployment benefits.

This act includes full disability and medical coverage to all who have served in the armed forces.

The GI Bill has many programs and each is administrated differently reckoning on an individual's eligibility and duty status.


GI Programs

Currently available major GI Programs are:

Fry Scholarship

Reserve and Guard Montgomery GI Bill

Dependents' Education Assistance (DEA)

Post- 9/11 GI Bill

Vocational Rehabilitation and Education Program

Active Duty Montgomery GI Bill


Training Programs

Apart from these above-mentioned benefits, there are various other benefits provided through several types of training programs:

College degree programs including Associate, Bachelor, and advanced degree programs

Correspondence Training

Flight Training

Licensing & Certification Reimbursement

National Testing Programs such as SAT, CLEP, AP, etc

On-the-job/Apprenticeship Training    

Tuition Assistance Top-Up

Tutorial Assistance

Vocational/Technical Training including non-college degree programs

Work-study programs


 Post- 9/11 GI Bill

  • This bill provides benefits for those who have served an active duty for 90 days or more after September 10, 2011. This bill provides education benefits and these benefits are dependent on how much active time they have served.

  • This bill provides full tuition fee, housing allowance, and $1,000 per year for books and other supplies

  • Eligible servicemen can transfer their unused benefits to family members

  • They will also get benefits of Yellow Ribbon Program


Fry Scholarship

  • Also known as The Marine Gunnery Sergeant John David Fry Scholarship

  • Provides benefits to the spouses and children of the servicemen who died during active duty in the line of duty after September 10, 2001

  • An eligible beneficiary can receive 36 months, 100% tuition fee benefit.


Reserve and Guard Montgomery GI Bill

  • Also known as The Montgomery GI Bill-Selected Reserve (MGIB-SR)

  • This is available to the Army, Navy, Air Force, Marine Corps, Coast Guard Reserves, and the National Guard.

  • Benefits worth over $11,000

  • This benefits can be used for College degree, co-op training, certificate programs, license, and certification test, etc.


Dependents' Education Assistance (DEA)

  • Eligible for Son, Daughter, and Spouse of, a veteran who died or is disabled as the result of a service. 

  • This program offers 45 months educational benefits

  • These benefits can be used for Certificate and Degree programs, on job training and apprenticeship.


Vocational Rehabilitation and Education Program

  • Under the Chapter 31 of the GI Bill, if you have VA Disability rating and an employment handicap then you are eligible for this Program

  • Here you are entitled to vocational rehabilitation & employment services

  • On job training would be provided

  • The period of eligibility within which the service has to be used is 12 years.


Active Duty Montgomery GI Bill

  • This bill helps service men and veterans meet their educational and training cost, with monthly benefits

  • A benefit of over $69,000 in cash and various other benefits 


Conclusion

This GI Bill played an integral role in shaping America post-World War II. With the help of this Bill, thousands of men and women were able to get their desired higher education, several of whom may never have afforded it otherwise.

The bill additionally helped to build America’s middle class, even though it left several minority veterans behind. It’s been several decades since President Roosevelt signed the first GI Bill, but it continues to empower and enable veterans and their families to achieve their goals.


FAQ

  1) How many years does the GI Bill pay for?


For the GI Bill, you can avail the benefits for 15 years from your last period of active duty of at least 90 consecutive days.

  2) For how long can the veteran use the GI Bill?


After you start using your GI Bill, you have to use the benefits within 10 years.

  3) Can I transfer my GI Bill?


Yes, you can transfer your GI Bill to your spouse or your children. These benefits can only be used for educational purposes.

  4) Can I get back my money from the GI Bill?


Yes, you can get your refund. It has certain limitations such as:

  • If you have not used any of your GI Bill benefits, then you can receive the entire $1,200 as a refund.

  • But, if you have used even 1/3 of your benefit then you are eligible to receive $800 as a refund.