Enlisting in the army has a lot of benefits. One of the benefits is that it offers all sorts of discounts. One of these discounts includes education. This can help you through college. Here are some frequently asked questions that can help you understand the education benefits the army offers.
What’s Tuition Assistance?
Tuition assistance is a benefit offered to those in the army. It helps pay tuition, living expenses and relocation costs. For the most part, all military personnel are eligible. However, every branch has specific qualification standards.
How Much Can Tuition Assistance Cover?
Tuition assistance can cover up to 100% of tuition and fees. You cannot exceed $250/credit hour for each semester or $166/credit hour per month. Tuition assistance also covers up to $4,500 for the financial year. The Navy enforces a 16 credit hour annual limit.
Can I Get Scholarships Also?
Yes, you can also apply for scholarships while receiving tuition assistance. These scholarships can come in the form of direct cash, tuition payments, vouchers and waivers. These scholarships can simply be $50 or complete rides.
Are There Other Benefits?
Federal student aid is also available for all active duty, reserves, veterans, and retirees. This sort of assistance is given by the federal government. They give grants and low-interest loans to those who need assistance with paying for school. Federal student loan helps with tuition, books, fees and living expenses.
Can Veterans Get Assistance?
Yes, the post 9/11 GI Bill provides assistance to service members and veterans who are eligible. They can enroll in flight training, apprenticeships, correspondence courses, technical/vocational classes. You can receive up to 36 months of education benefits. This duration depends on the amount of times you are on active duty.
What’s Covered by the GI Bill?
The GI Bill covers tuition and fees. Also, eligible members can receive stipends for both living/housing and books. In addition, the education benefits are transferable to a spouse or relative. There are some limitations to active duty military.
What is the Montgomery GI Bill?
The Montgomery GI Bill (MGIB) is another program which also provides 36 months of education benefits. The distinction is between the Post-9/11 GI Bill and MGIB is that you get up to $1,789 per month for full time education. Benefits end 10 years from the date of your last discharge or release from active duty.
The Differences Between the Post-9/11 GI Bill and MGIB?
MGIB benefits differ significantly, so it is important to understand it in detail. Some differences are that the MGIB can be worth over $64k. It is very important to contribute $100 a month for your first 12 months you are on active duty so be eligible for this program. Your benefits can be high in the event that you signed up for the Army, Navy, or the Marine Corps College Funds.