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GI Bill Benefits Since President Roosevelt signed the GI Bill on June 22, 1944, millions of veterans have been able to get a higher education with financial support from the federal government. The original GI Bill was designed to provide financial assistance to veterans and help them fit back into society after their return from World War II. The education that almost half of the returning veterans pursued allowed many of them to find exceptional jobs and launch new promising careers, which was usually tough for a former soldier to accomplish. The original GI Bill also aided veterans in purchasing their own homes, which was a luxury that many people could not enjoy. Several million veterans were able to acquire home loans that were backed by the federal government. In total, more than 10 million World War II veterans benefited from the Bill before it ended after twelve years |
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Awesome Programs Now Available For Veterans Education Benefits Home Loans Life Insurance Vocational Rehab The Montgomery GI Bill provides up to three years of education for college, business, technical, correspondence or vocational courses, apprenticeship or job training, or flight school. This program offers up to ,000 for such education. |
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Who Gets GI Bill Benefits Due to the overwhelming success that the original GI Bill passed on to WWII veterans, Congress passed a new GI Bill in 1984. This new bill is referred to as the Montgomery GI Bill, after the congressman who proposed it. Today, the Montgomery GI Bill still helps millions of servicemen and women, and is open to those still in the military. The bill is divided into two categories – Active Duty and Selected Reserve. The Active Duty Montgomery GI Bill is available for soldiers who are serving on active duty. After serving for a certain time, depending on your enlistment, you are able to apply for the financial assistance that this bill provides. It covers any course that leads to a college degree, independent studies, correspondence training, flight training, licensing and certification costs, and on-the-job training. Although some of these opportunities are only covered by a certain percentage of the approved budget, you will still have a great amount of support that will pay for a significant amount of your training. If you are a Reservist and are serving at least a six-year commitment, then you may be eligible for the Selected Reserve GI Bill. This bill differs in qualifications from the Active Duty Bill, but still provides a high amount of financial assistance toward education or career training. Being a soldier in the US military means that some of the most dedicated people are there to help you achieve you goals, and receiving a higher education is one of the most valued goals in the armed forces. |
