Call Us: 1-800-031-7979

Five Ways to Maximize GI Bill Benefits

August 13, 2012

You should be getting the most out of your military education benefits, and if you're not making the most of your GI Bill, why not? If you just got out of the military and you're ready to start college, you can really use the 36 months of Post 9/11 GI Bill or Montgomery GI Bill benefits to do something for your future. However, maximizing your benefits will ensure that you get the most from your benefits and that you have a bit of money left over to pay for other things while in college besides tuition. Here are some ways that you can maximize your GI Bill Benefits.

1. Use Military Service Credits

Did you know that you can convert some of your military service into college credits? The American Council on Education (ACE) actually evaluates all military jobs and skill levels. With their evaluation, you'll get a certain number of credits that you can be awarded from your service. You could earn more than 10 credits just for serving in the military for things like map reading, first aid, record keeping, personnel supervision and human relations. This means that you automatically have college credits without taking a class.

2. Mixing Up Online and Campus Classes

If you want to go to college but need more flexibility, and you also want to take full advantage of the housing stipend, then mix in a couple online courses to maintain full time status while also going to campus school for other classes. This allows you to have better control over your classes and when you have to study. If you do choose this option, you won't get the full housing stipend allowance, as those who go to campus school full-time get the most—but you do get more than those who strictly go to online school.

3. Using the MGIB

Some students actually earn more by using the MGIB, if eligible. This GI Bill actually will pay $1,473 per month, but you have to pay your own education expenses. If you are going to school where the authorized housing allowance is low and you're not receiving as much tuition pay, it may be a better choice for MGIB.

4. Getting into the Yellow Ribbon Program

For those who are getting the Post 9/11 GI Bill at 100 percent tier and paying out of state tuition or private school tuition that exceeds the $17,500 limit, then the Yellow Ribbon program can help. If your school has a Yellow Ribbon agreement with Veterans Affairs, then it's supposed to pay up to 50 percent of the difference between what the GI Bill pays for and what's charged for tuition.

5. Getting More by Combing GI Bills

If you use up MGIB first, you can actually switch to Post 9/11 GI Bill and get 12 months more of free education. This is probably the best way to extend your college education benefits and finish a degree when you are running out of time on your GI Bill.

Find Post-Military Education

Many schools set up entire veterans communities with transition assistance, tutoring, prep courses and stable support system. Finding a college that provides services for veterans is simple.

Use our FREE custom search tool to find great military-friendly schools:

Latest News

Tips on Obtaining Your Degree While in the Military

Dec 07, 2012

When you’re in the military, obtaining your degree might seem to difficult but actually it is very possible.

Military Intelligence Degrees

Dec 06, 2012

In each branch of the US military, there are a certain number of intelligence personnel. There are educational requirements in order to be advanced in intelligence personnel.

How to Get a Master's Degree in the Military

Dec 05, 2012

Whether you’re just starting out with your college experience or you already have a bachelor’s degree and are looking to advance the degree, you can get assistance and find the time to complete your master’s degree.

How to Make College Application Process Go Smoothly

Aug 31, 2012

College applications and admissions are key to transitioning into a good environment and securing a better future.