GI Bill 2.0 Explained – How To Get Free Education and Housing For Veterans

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GI Bill 2.0 Explained – How To Get Free Education and Housing For Veterans – The Post-9/11 GI Bill is an education benefit program for service members and veterans who served on active duty on or after Sept.11, 2001. Benefits are payable for training pursued on or after Aug. 1, 2009. No payments can be made under this program for training pursued before that date.

To be eligible, the service member or veteran must serve at least 90 aggregate days on active duty after Sept. 10, 2001, and remain on active duty or be honorably:

  1. Discharged from active duty status
  2. Released from active duty and placed on the retired list or temporary disability retired list
  3. Released from active duty and transferred to the Fleet Reserve or Fleet Marine Corps Reserve
  4. Released from active duty for further service in a reserve component of the Armed Forces
    Veterans may also be eligible if they were honorably discharged from active duty for a service-connected disability after serving 30 continuous days after Sept. 10, 2001. Generally, service members or veterans may receive up to 36 months of entitlement under the Post-9/11 GI Bill.

Eligibility for benefits expires 15 years from the last period of active duty of at least 90 consecutive days. If released for a service-connected disability after at least 30 days of continuous service, eligibility ends 15 years from when the member is released for the service-connected disability.

If, on Aug.1, 2009, the service member or veteran is eligible for the Montgomery GI Bill; the Montgomery GI Bill – Selected Reserve; or the Reserve Educational Assistance Program, and qualifies for the Post-9/11 GI Bill, an irrevocable election must be made to receive benefits under the Post-9/11 GI Bill.

In most instances, once the election to receive benefits under the Post-9/11 GI Bill is made, the individual will no longer be eligible to receive benefits under the relinquished program.

Based on the length of active duty service, eligible participants are entitled to receive a percentage of the following:

  1. Cost of tuition and fees, not to exceed the most expensive in-state undergraduate tuition at a public institution of higher education (paid directly to the school)
  2. Monthly housing allowance equal to the basic allowance for housing payable to a military E-5 with dependents, in the same zip code as the primary school (paid directly to the service member or veteran)
  3. Yearly books and supplies stipend of up to $1000 per year (paid directly to the service member or veteran)
  4. A one-time payment of $500 paid to certain individuals relocating from highly rural areas
    The housing allowance is not payable to individuals on active duty and to those pursuing training at half time or less.

Benefits may be used for any approved program offered by a school in the United States that is authorized to grant an associate (or higher) degree.