1042 postsback to top
Posted about 5 years ago
"The GI Bill is currently worth up to $39,636. This amount is based on the 2007-2008 monthly full-time student payment rate of $1101 multiplied by the 36-month limit. This "payment rate" automatically increases on October first each year. You get the annual increase no matter when you became eligible or begin using it. If you are eligible for the GI Bill you can begin using your benefit after 2 years of service. In addition it is also important to know that the GI Bill has an expiration date. You have 10 years from your last discharge to use the GI Bill or lose it. That means that any benefit remaining after the tenth anniversary is lost and you will not be reimbursed for the $1,200 initial contribution."
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