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The Montgomery GI Bill — Active Duty (MGIB) stated that active duty members had to forfeit $100 per month for 12 months; if they used the benefits, they received as of 2012 $1564 monthly as a full-time student (tiered at lower rates for less-than-full-time) for a maximum of 36 months of education benefits. This benefit could be used for both ...
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In July 2008 the Post-9/11 GI Bill was signed into law, creating a new robust education benefits program rivaling the WWII Era GI Bill of Rights. The new Post 9/11 GI Bill, which went into effect on August 1, 2009, provides education benefits for service members who served on active duty for 90 or more days since September 10, 2001.
The Post-9/11 GI Bill provides financial support for education and housing to individuals with at least 90 days of aggregate service after September 10, 2001, or those discharged with a service-connected disability after 30 days. This program covers tuition and fees, a monthly housing allowance, and a stipend for books and supplies.
Authored by Senator Jim Webb, the Post-9/11 Veterans Educational Assistance Act of 2008 doubled the GI Bill's college benefits and provided a 13-week extension to federal unemployment benefits. The new GI Bill more than doubled the value of the benefit from $40,000 to about $90,000.
The result was the GI Bill, which gave White veterans access to housing and higher education. Very simply, this access to a house and better wages that came with education created wealth for a ...
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Post-9/11 GI Bill; Other short titles: Post-9/11 Veterans Educational Assistance Act of 2008, Supplemental Appropriations Act of 2008: Long title: An Act making appropriations for military construction, the Department of Veterans Affairs, and related agencies for the fiscal year ending September 30, 2008, and for other purposes