The Post-9/11 GI Bill can pay your full tuition and fees at school, provide you with a monthly housing allowance while you are going to school, and give you up to $1,000 a year for books and supplies.
Post-9/11 GI Bill (Chapter 33) Rates
How Much Does the GI Bill Pay?
The Post-9/11 GI Bill is a comprehensive education benefit program designed to help veterans and their dependents cover the costs of tuition, fees, housing, and other expenses associated with pursuing higher education. If you’re considering using your GI Bill benefits, you’re probably wondering how much you’ll receive. The answer depends on several factors, including your eligibility tier, the type of school you attend, and your enrollment status. In this article, we’ll break down the different benefit rates and explain how to calculate your monthly housing allowance.
Eligibility Tier
Before we dive into the benefit rates, it’s essential to understand your eligibility tier. The Post-9/11 GI Bill offers 100% of the full benefit to veterans who served on active duty for at least 1,095 days (36 months), received a Purple Heart on or after September 11, 2001, or were discharged due to a service-connected disability. If you served for less than 36 months, your eligibility tier will be based on the total amount of time you served on active duty, with or without breaks in service.
Benefit Rates
The Post-9/11 GI Bill offers several benefit rates, including tuition and fees, monthly housing allowance, and a book stipend. Here are the current benefit rates for the 2023-2024 academic year:
Tuition and Fees
The GI Bill will pay up to $27,120.05 in tuition and fees for private institutions of higher learning and up to $15,497.15 for flight training programs. For public institutions, the GI Bill will pay the net tuition and mandatory fees.
Monthly Housing Allowance (MHA)
The MHA is based on the monthly military Basic Allowance for Housing (BAH) rates for an E-5 with dependents. The 2023 rates are used to calculate the MHA for the 2023-2024 academic year. You can use the Defense Department’s lookup tool on the Defense Travel Management Office website to find out how much money you may be eligible to receive for housing.
Book Stipend
The GI Bill offers up to $1,000 each academic year for books and supplies. We base your payment on how many courses you’re enrolled in for the year and the percentage of benefits you’re eligible for.
Calculating Your Monthly Housing Allowance
To calculate your MHA, you’ll need to know your eligibility tier and the number of credits you’re taking or the number of clock hours you’re scheduled to attend per week. You can use the following formula to calculate your MHA:
MHA = (elligibility tier * number of credits or clock hours) / 12
For example, if you’re eligible for 100% of the full benefit and you’re taking 12 credits per semester, your MHA would be:
MHA = (1 * 12) / 12 = $1,054.50
If you’re taking online-only courses or attending a foreign institution, your MHA will be based on the national average and capped at $1,054.50.
Conclusion
The Post-9/11 GI Bill offers comprehensive education benefits to help veterans and their dependents cover the costs of higher education. The benefit rates vary depending on your eligibility tier, the type of school you attend, and your enrollment status. By understanding how the GI Bill works and calculating your monthly housing allowance, you can make the most of your education benefits and achieve your academic goals.
FAQ
How much money do you get from a GI Bill?
Does GI Bill pay 100%?
How much does Mgib pay per month?
Training Time
|
Monthly rate
|
Full time
|
$2,358.00
|
¾ time
|
$1,768.50
|
½ time
|
$1,179.00
|
Less than ½ time more than ¼ time
|
$1,179.00 **
|
Does the GI Bill cover 4 years of college?
Other Resources :
How We Determine Your Post-9/11 GI Bill Coverage
The Post-9/11 GI Bill can pay your full tuition and fees at school, provide you with a monthly housing allowance while you are going to school, and give you up to $1,000 a year for books and supplies.