What is the cap on the GI Bill?
Institutions of Higher Learning
| Type of School | Maximum Tuition & Fee Reimbursement per Academic Year |
|---|---|
| Public School | All Tuition and Fee Payments for an in-State Student |
| Private or Foreign School | Up to $25,162.14 per academic year National Maximum |
How much will my GI bill pay me?
The Post-9/11 GI Bill also pays a Monthly Housing Allowance based on the ZIP code of the location of the school or campus you are attending the majority of your classes. This stipend currently averages $1,833 a month, but can exceed $2,700 depending on where you go to school.
How much does the GI Bill cover 2021?
GI Bill 2021-2022 Payment Rates
| Maximum Tuition & Fee Reimbursement Per 2021-22 Academic Year | |
|---|---|
| Type of School | Maximum Reimbursement |
| Vocational Flight Schools | The actual net costs not to exceed $14,881.59 per academic year |
| Correspondence Schools | The actual net costs not to exceed $12,649.34 per academic year |
How many years does the Post 911 GI Bill pay for?
15 years
Generally, you may receive up to 36 months of entitlement under the Post-9/11 GI Bill. You will be eligible for benefits for 15 years from your last period of active duty of at least 90 consecutive days.
Can I still use my GI Bill after 20 years?
You get 36 months of full-time GI Bill benefits and have no time limit on when you need to use them by. If you left the military before Jan. 1, 2013, your benefits expire 15 years from your discharge (if using the Post-9/11 GI Bill). If you are using the Montgomery GI Bill you have 10 years to use your benefits.
Can I use my GI Bill to buy a car?
While the Department of Veterans Affairs offers home loan assistance, it doesn’t offer car loans for veterans. Under some circumstances, however, VA can help with a vehicle purchase. If you suffered a disability while on active duty that interferes with your ability to drive, you may be eligible for an auto benefit.