Mineral Wells Index, Mineral Wells, TX

Veterans Corner

April 7, 2014

Veterans' Corner - April 6, 2014

Used the GI Bill benefits? If not, the loss could be as much as $19,198.31 per academic year, the maximum for private schools or all tuition and fee payments for in-state students at state colleges.

Depending on retirement, either the Montgomery or Post 9/11 GI Bill provides benefits. Soldiers generally have ten years after leaving active duty to use the Montgomery GI Bill ( MGIB ) benefits. The Department of Veterans Affairs can extend the 10-year period under some circumstances. The Post 9/11 GI Bill benefits expire 15 years following release from active duty. Entering active duty before July 1, 1985, when the MGIB started, different rules apply. Soldiers may qualify in one of four categories. The VA recommends that all retired soldiers file a claim for benefits to receive a formal decision on their eligibility.

The MGIB provides up to 36 months of education benefits for college, technical or vocational courses, correspondence courses, apprenticeship/job training, flight training, high tech training, licensing and certification tests, entrepreneurship training, and certain entrance examinations.

The Post 9/11 GI Bill provides education benefits for all military who have served on active duty for 90 or more consecutive days after Sept. 10, 2001.

The benefits include tuition, fees, monthly housing allowance and a stipend for books and supplies, as well as training in graduate and undergraduate degrees encompassing a variety of subjects.

Effective Aug. 1, 2009, the Post 9/11 GI Bill allows servicemembers to transfer their unused benefits to immediate family members. A spouse must use the transferred benefits within 15 years after the soldier leaves active duty. Children are not subject to the 15 year limit, but must use the benefit prior to 26 years of age. Soldiers must transfer their Post 9/11 GI Bill benefits while on active duty.

For more information, please go to www.gibill.va.gov/ or myarmybenefits.us.army.mil/ .

The Department of Veterans Affairs has eliminated the annual requirement for most veterans enrolled in VA’s health care system to report income information, beginning March 2014. Instead VA will automatically match income information obtained from the Internal Revenue Service and Social Security Administration.

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