If you are a veteran or currently in the guard or reserve, the On-The-Job Training (OJT) Program offers you an alternative way to use your VA (GI Bill) education and training benefits. The following is a summary of these GI Bill alternatives.
When you are trained for a new job, you can receive monthly training benefits from the Department of Veterans Affairs (VA) in addition to your regular salary.
This means that if you are using the Montgomery GI Bill you can receive up to $1173 a month ($267 for Reserve/Guard) tax-free, on top of your regular salary! That's over $12,000 in cash benefits over two years, for training in an OJT or apprenticeship training program. This payment differs for veterans using the Post-9/11 GI Bill.
Under the Post 9/11 GI Bill veterans recieve the housing stipend as follows:
VA pays Montgomery GI Bill Selected Reserve participants on a similar scale but at the following reduced rates; $267 a month for the first six months of training, $195 for the second six months of training and $124 for remaining training. Selected Reserve participants.
To qualify, your job must meet the following criteria:
Here is a list of well-known companies who participate in the VA's Apprenticeship Program:
So, if you are qualified for the GI Bill and you have started a new job or apprenticeship program, you should apply for this little known GI Bill benefit. In some cases, the VA will even pay retroactively for OJT from the past 12 months.
Note: You may not receive GI Bill OJT benefits at the same time you receive the GI Bill education benefits.
Click here for the latest information on the exact amounts the GI Bill will pay.
Your next step should be to contact your nearest VA Regional Office or local State Approving Agency (SAA). Your SAA will help you get started on the process and answer any questions you may have.
Related Topics |
GI Bill Veteran Jobs |