What is the Difference Between MGIB and Post 9 11?

The Montgomery GI Bill (MGIB) and the Post-9/11 GI Bill are both educational assistance programs for veterans, but they have some key differences:

1. Benefits: The MGIB provides a flat monthly rate for tuition, while the Post-9/11 GI Bill covers degree-producing courses, technical, trade, license, and certification courses. The Post-9/11 GI Bill also offers more financial assistance, especially for those pursuing a standard four-year degree at an accredited institution.
2. Payment Structure: The MGIB sends a monthly check directly to the student, while the Post-9/11 GI Bill pays tuition benefits directly to the school. The Post-9/11 GI Bill also provides a monthly housing allowance and a book stipend, which are not available under the MGIB.
3. Eligibility: The MGIB has a 10-year window for eligibility after separation or retirement, while the Post-9/11 GI Bill has a 15-year window. Reservists and Guardsmen are also eligible for benefits under the Post-9/11 GI Bill.
4. Transferability: The Post-9/11 GI Bill allows veterans to transfer their benefits to dependents, while the MGIB does not.
5. Part-time Students: For part-time students, the MGIB may be more beneficial, as the Post-9/11 GI Bill charges a greater amount of benefits entitlement for taking tests or pursuing a license.
6. Online Classes: For veterans taking online classes with a low cost per credit, the MGIB may provide more cash by taking advantage of the housing allowance paid to students.

In summary, the Post-9/11 GI Bill generally offers more financial assistance and additional benefits compared to the MGIB. However, the choice between the two depends on individual circumstances, such as the type of education pursued, eligibility window, and transferability needs.

Comparative Table: MGIB vs Post 9 11

The Post-9/11 GI Bill and the Montgomery GI Bill (MGIB) are both education benefit programs for veterans, but they have some key differences. Here is a comparison table outlining the differences between the two:

For most veterans, the Post-9/11 GI Bill is a better choice due to its increased benefits and the option to transfer benefits to a spouse or dependent children. However, it is essential to carefully review both programs and choose the one that best suits your needs and circumstances.