The GI Bill has greatly improved over the last few years. While Military.com has highlighted these improvements to the Montgomery GI Bill in the following links, check out the latest updates to the more recent Post-9/11 GI Bill here:
The Buy-Up feature can allow active duty servicemembers to Get up to an extra $150 per month increase above the standard MGIB "pay rate." This could increase your total benefits by $5,400.
Note: The Air Force calls this program a GI Bill kicker.
To apply you must be an eligible servicemember and elect to contribute up to an additional $600 before you separate. This means you can contribute up to a total of $1,800 - your mandatory $1,200 payment when you sign up for MGIB benefits, plus $600. Active-duty members can contribute (to their military branch) in increments of $20 up to $600. You can use form DD-2366-1 to process your request.
Note: If you contribute to the buy-up program and then switch to the Post-9/11 GI Bill you will lose your extra contributions.
Vietnam-era Veterans may convert their Vietnam-era GI Bill benefits to the MGIB Bill.
Veterans may be eligible if they:
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