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how to calculate gi bill benefits

by Jackson Hoppe Published 2 years ago Updated 1 year ago
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Multiply the Post-9/11 GI Bill ® national cap for the academic year by your percentage of eligibility (POE). This is the maximum amount of money that you will receive for tuition and fee payments for the academic year. Subtract the national cap funds from the billable tuition.

Eligibility for a percentage of benefits based on how long you served on active duty
  1. Between 30 months and 36 months: 90% of the full benefit.
  2. Between 24 months and 30 months: 80% of the full benefit.
  3. Between 18 months and 24 months: 70% of the full benefit.
  4. Between 6 months and 18 months: 60% of the full benefit.
May 27, 2022

Full Answer

What are the benefits of GI Bill?

  • A service-connected disability
  • A medical condition existing before active duty
  • Hardship

What is GI Bill housing allowance?

The Monthly Housing Allowance (MHA) payments for Post-9/11 GI Bill® beneficiaries are based on the military’s Basic Allowance for Housing (BAH) rates for an E-5 with dependents. The Department of Defense adjusts the military BAH rates every calendar year (January 1) based on changes to housing costs in each housing area.

What will the GI Bill pay for?

the current GI Bill, known as the Post-9/11 Veterans Educational Assistance Act of 2008, was created to aid veterans of war and peacetime to pay for college and educational expenses. The act’s most notable provision states that it will fund 100% of a ...

How much is the GI Bill?

If you’ve already applied, received a decision, or previously been awarded a portion of your GI Bill benefits, you can find how much you have left on your GI Bill Statement of Benefits. You can apply for the GI Bill on the VA’s website. And remember ...

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What is 60% of the GI Bill?

You may be eligible for the 60%benefit level if: You have aggregate service of at least six months but less than eighteen months of qualifying active-duty service (excluding initial entry and skill training). Those previously eligible at the 50% benefit level now qualify for the 60% benefit level.

What does 70% GI Bill mean?

If you're entitled to 100% of your Post-9/11 GI Bill benefits, we'll cover the full cost of tuition and fees: $22,000. If you're entitled to 70% of your Post-9/11 GI Bill benefits, we'll cover $15,400 of your tuition and fees. You would be responsible for the remaining $6,600 (22,000 x .

How much per month does the GI Bill pay?

This Post 9/11 GI Bill will provide up to $2,000 to cover the cost of one licensing or certification test. This benefit is not charged against your 36 month entitlement. The new GI Bill will provide up to a maximum of $1,200 for tutorial assistance. The program will pay up to $100 per month, for a maximum of 12 months.

How much bah do I get with GI Bill?

The Post-9/11 GI Bill also pays a Monthly Housing Allowance based on the ZIP code of the location of the school or campus you are attending the majority of your classes. This stipend currently averages $1,801 a month, but can exceed $2,700 depending on where you go to school.

Can I get full BAH for online classes?

The Post-9/11 GI Bill BAH rate (aka the Monthly Housing Allowance) is $917 per month for full-time students enrolled in an online college, school, or distance-learning program until July 31, 2022.

What does the GI Bill consider full-time?

Enrollment Status For both versions of the GI Bill, full-time enrollment is considered to be 12 semester hours or greater. Half time is six semester hours, and part time is less than six.

Work toward a degree

Help paying for tuition, books, and housing at an institution of higher learning (like a 4-year university, community college, or graduate school)

Train for a specific career, trade, or industry

Reimbursement for the cost of tests to become a licensed or certified professional, or to apply for college or a training course

Work while you study

Help with paying for tuition, books, and housing if you’re part of a college or university co-op training program

Take classes from home

Funding for correspondence training (coursework completed by mail, online, or by some other device) if you want to take classes from home or live far from any schools

What is the GI Bill?

The latest iteration of the GI Bill is a generous education benefit for the nation’s youngest generation of veterans. (Pixabay) If you’ve served in the military in the last two decades, you’ve no doubt heard of the Post-9/11 GI Bill. It’s the most generous of veteran education benefits from the federal government that includes up to 36 months ...

How much does Golden Gate University cover?

At private colleges and universities, such as Golden Gate University, or foreign schools, it covers $26,042.81 per academic year. (That’s the current rate for the 2020-21 school year, but it changes slightly every year.) The amount you’re eligible for depends on how long you served.

What is the monthly housing allowance for post 9/11?

Side note: The monthly housing stipend that comes with the Post-9/11 GI Bill isn’t technically called Basic Allowance for Housing like it is on active duty, but almost everyone calls it “BAH” because that’s the terminology they’re used to. If you’re talking to the Department of Veterans Affairs, however, they’ll refer to it as the monthly housing allowance, or MHA. Further muddling the waters is that the housing stipend is based on the BAH for an E-5 active-duty service member with dependents. (Your own rank while in the military doesn’t affect this.)

Does GGU cover tuition?

It’s important to note that GGU and many other schools participate in the Yellow Ribbon program, which can help defray extra costs if your GI Bill doesn’t cover the full amount of tuition. At GGU, you can use this for any degree type and program.

Basic Allowance for Housing Calculator and GI Bill MHA Rates

BAH Calculator for US military personnel and their families who are relocating or planning to move due to a number of reasons, including to study at an out-of-state college, military friendly or otherwise. It can also be used by veterans or those looking to use their GI Bill benefits as a Post 911 GI Bill Monthly Housing Allowance rate calculator.

BAH Calculator (Basic Allowance For Housing)

Calculate your 2022 BAH rate entering your paygrade, location and dependent status.

Online GI Bill Monthly Housing Allowance

The online GI Bill Monthly Housing Allowance is $871 for the 2021-2022 academic year.

What time does the GI Bill tool work?

This tool is available Sunday through Friday, 6:00 a.m. to 10:00 p.m. ET, and Saturday 6:00 a.m. to 7:00 p.m. ET. If none of the above situations applies to you, and you think your Statement of Benefits should be here, please call the GI Bill Hotline at 888-442-4551.

Can I get a GI bill statement online?

You: Note: At this time, the GI Bill benefit statement isn't available online to family members and dependents. You'll need to request a new Certificate of Eligibility letter to check your GI Bill benefit status. To request a COE, please call the Education Call Center at 888-442-4551.

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