MichiganMan87 wrote:Question for the crowd,
I have 15 months of MGIB benefits remaining and am trying to figure out how to maximize benefits. I've heard conflicting reports on how to maximize my remaining benefits.
Option 1: I can use the 15 months of MGIB, once exhausted I will get 12 additional months of Post 9/11 benefits, I will pay a little out of pocket for the first 15 months, and then the remainder of school will be entirely covered plus E-5 BAH.
Option 2: I can switch to Post 9/11 Bill and will get only 15 months of benefits, but it will entirely cover the 15 months plus E-5 BAH.
Can anyone confirm that the 12 additional months of Post 9/11 benefits is true? I would be pretty upset if I don't switch to Post 9/11, use the MGIB and then find out I don't get the extra 12 months. I've called the VA and talked to a rep on base, they've contradicted each other, and I didn't get a warm fuzzy feeling from either.
I had 2 months left on my MGIB when it expired. I applied for the post 9/11 GIB and received the 12 months plus the two unused months. Call the VA to see if your unused time will roll over if it is before the expiration date. Do not ask your rep on base, call the VA hotline.
An additional factor to consider is the yellow ribbon. If the GIBill does not cover the cost of tuition AND the school offers the YP, you may want to consider option 1. The YR is only awarded if you are using your GIBill at the same time.
Your best bet is to do some basic math for each year and then compare the overall total.