Add $5,400 to Your GI Bill

Week of December 24, 2007

If you are an eligible active-duty servicemember the GI Bill Buy-Up program can help you get up to an extra $150 a month added to your standard MGIB "pay rate." This could increase your total benefits by as much as $5,400.

To apply you must have joined the military for the first time after June 30, 1985, still be on active duty, and elect to contribute up to an additional $600 before you separate. You may elect to contribute any amount from $20 to $600 in increments of $20. Each $20 contributed earns you an extra $180 in total benefits. To participate you must contribute through your military branch using form DD-2366-1 to process your request.

Remember, many schools offer free information packets they will mail you. You can request information from multiple schools at once by filling out a form on Military.com. With no obligation or cost, learning about different schools is a great way to take the first step. Click here to request information.

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