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Post 9/11 GI Bill

By
Real Estate Agent with Windermere Real Estate/WSI

Hello All,

  Just attended a briefing on the Post 9/11 GI(or Chapter 33 GI Bill) and wanted to share some valuable information and resources. 

    First, and foremost the official website is:  www.gibill.va.gov

Some key points to consider when looking into using the post 9/11 GI Bill.

Chapter 30 is the Tradtional GI Bill most of us fall under.

Chapter 33 provides for:

  1. Full tuition& fee's paid directly to the school. (Up to the cost of what the highest state run university charges)
  2. Monthly Housing Allowance(MHA). MHA is equal to E5 BAH(with dependents) and is based on where the school is located, not where you actually live. NOTE: Active duty members don't get this since it's considered a duplicate payment
  3. Books and fee's paid. Up to a maximum of $1000. Based on $41.67 per credit. 

One key difference is TRANSFERABILITY to your spouse and/or children. You must do this before exiting active duty, and depending on the situation you may have to extend.  Please visit the website for additional details.

Also, of note. For service academy grads who are planning on using this, they only count your time served past your initial commitment when calculating your benefits. 36 months of service is needed for 100% benefits, with 90 days needed for 40%. It is linear in between. 

To say this is a great deal, is a vast understatement.  

Sincerely,

Marty   

Comments(2)

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Rich Jacobson
Fathom Realty West Sound - Poulsbo, WA
Your Kitsap County WA Real Estate Broker

Marty:  Great stuff for our military community. You need to contribute stuff like this more often!....

Oct 01, 2009 07:24 AM
William German
NetWorks Real Estate LLC - Lacey, WA

Marty,

Thanks for the information.  As a matter of fact I am going back to school because of the post 9/11 GI bill.

Oct 01, 2009 08:36 AM