"The new GI Bill essentially would essentially guarantee a full scholarship at any in-state public university, along with a monthly housing stipend, for people who serve in the military for at least three years. It is aimed at replicating the benefits awarded veterans of World War II and more than doubles the value of the benefit - from $40,000 today to $90,000."
Will the new GI Bill apply to all veterans, or just to veteran of Iraq and Afghanistan?
The new GI bill will update education benefits for all veterans who have served at least 90 days of active duty service post-9/11 and have not already used up all their education benefits.
Only post 9/11 service counts toward this new GI Bill. Therefore a veteran must do three years of active duty service after 9/11 to qualify for the full benefit.
If the new GI Bill passes, when will it take effect?
The new GI Bill will go into effect immediately. However, in order to give the VA some time to implement the proposed changes, the bill will be phased in using two stages:
Stage 1: During the 2008-2009 academic year, you will receive a monthly benefit of $1,300,an increase of $200/month from the current benefit. However, though you are not receiving the full amount of the new benefits, you are still accruing the full amount, and you will be paid the difference in August 2009.
Stage 2: In August 2009, a full implementation of the benefits.
Why are you focused on H.R. 5740 in the House, and not H.R. 2702?
H.R. 2702 is actually an older version of 5740. Back in February, some improvements were made to the proposed bill to ensure veterans could attend any public school in the country, and the Bill therefore had to be re-introduced. Senate rules allowed us to keep the original bill number on that side (S.22), but House rules required a new one (H.R. 5740).
I did not elect to take part in the original GI Bill. Am I eligible for this new one?
Yes. There is no requirement to have elected into the original (Montgomery) GI Bill in order to take part in the new one.
How many months of benefits will someone be able to use if they have not already used any GI Bill benefits?
36 Months.
I retired and am now in school. Will I be able to use the new GI Bill?
The new GI bill will update education benefits for all veterans who have served at least 90 days of active duty service post-9/11 and have not already used up all their education benefits. If you meet these requirements you will qualify for the bill.
Will veterans who have already started using their GI Bill benefits be grandfathered into the new version?
Veterans with any remaining GI bill benefits will be able to transfer them to this new program and receive the higher rate.
Will the new GI Bill erase debt I incurred paying for college under the old benefits?
Unfortunately, the new GI Bill will not repay those debts.
Under the old bill, I had ten years to use my benefits. If the new GI Bill passes, will this time be reset?
Under this new bill a veteran will have 15 years from the date they separated from active duty (not 10) to use their education benefits. However, the clock does not restart if the bill passes.
I didn't buy into VEAP, and am excluded from the current GI Bill. Will I be able to use education benefits under the new GI Bill?
The new GI bill will update education benefits for all veterans who have served at least 90 days of active duty service post-9/11 and have not already used up all their education benefits. If you meet these requirements you will qualify for the bill.
Are graduates of the service academies included in this bill?
The GI bill will allow officers who graduated from service academies or received ROTC scholarships to qualify for the new GI Bill benefits. The only catch is that the time spent satisfying the ROTC/Service Academy active duty obligation does not count toward the 3 years necessary to qualify for the full benefits.
Will I receive the Basic Housing Allowance (BAH)?
A veteran attending school will receive the BAH for that area at the E-5 with dependent level. The housing stipend will not be available for active duty service members who are using their GI Bill, because they already receive a housing allowance.
Will the new GI Bill apply to all veterans, or just to veteran of Iraq and Afghanistan?
The new GI bill will update education benefits for all veterans who have served at least 90 days of active duty service post-9/11 and have not already used up all their education benefits.
Only post 9/11 service counts toward this new GI Bill. Therefore a veteran must do three years of active duty service after 9/11 to qualify for the full benefit.
If the new GI Bill passes, when will it take effect?
The new GI Bill will go into effect immediately. However, in order to give the VA some time to implement the proposed changes, the bill will be phased in using two stages:
Stage 1: During the 2008-2009 academic year, you will receive a monthly benefit of $1,300,an increase of $200/month from the current benefit. However, though you are not receiving the full amount of the new benefits, you are still accruing the full amount, and you will be paid the difference in August 2009.
Stage 2: In August 2009, a full implementation of the benefits.
Why are you focused on H.R. 5740 in the House, and not H.R. 2702?
H.R. 2702 is actually an older version of 5740. Back in February, some improvements were made to the proposed bill to ensure veterans could attend any public school in the country, and the Bill therefore had to be re-introduced. Senate rules allowed us to keep the original bill number on that side (S.22), but House rules required a new one (H.R. 5740).
I did not elect to take part in the original GI Bill. Am I eligible for this new one?
Yes. There is no requirement to have elected into the original (Montgomery) GI Bill in order to take part in the new one.
How many months of benefits will someone be able to use if they have not already used any GI Bill benefits?
36 Months.
I retired and am now in school. Will I be able to use the new GI Bill?
The new GI bill will update education benefits for all veterans who have served at least 90 days of active duty service post-9/11 and have not already used up all their education benefits. If you meet these requirements you will qualify for the bill.
Will veterans who have already started using their GI Bill benefits be grandfathered into the new version?
Veterans with any remaining GI bill benefits will be able to transfer them to this new program and receive the higher rate.
Will the new GI Bill erase debt I incurred paying for college under the old benefits?
Unfortunately, the new GI Bill will not repay those debts.
Under the old bill, I had ten years to use my benefits. If the new GI Bill passes, will this time be reset?
Under this new bill a veteran will have 15 years from the date they separated from active duty (not 10) to use their education benefits. However, the clock does not restart if the bill passes.
I didn't buy into VEAP, and am excluded from the current GI Bill. Will I be able to use education benefits under the new GI Bill?
The new GI bill will update education benefits for all veterans who have served at least 90 days of active duty service post-9/11 and have not already used up all their education benefits. If you meet these requirements you will qualify for the bill.
Are graduates of the service academies included in this bill?
The GI bill will allow officers who graduated from service academies or received ROTC scholarships to qualify for the new GI Bill benefits. The only catch is that the time spent satisfying the ROTC/Service Academy active duty obligation does not count toward the 3 years necessary to qualify for the full benefits.
Will I receive the Basic Housing Allowance (BAH)?
A veteran attending school will receive the BAH for that area at the E-5 with dependent level. The housing stipend will not be available for active duty service members who are using their GI Bill, because they already receive a housing allowance.