Summary of Education Program Benefits
MGIB-SR
Update
The benefit eligibility date for the MGIB-SR may be extend to include activation time plus 4 months. This will cause the delimiting date to also
be extended and possible use of the MGIB-SR after separation from the Selected Reserve. This of course is dependent on the date in which the service
member separates from the Selected Reserve. For addition information please go to www.GIBILL.va.gov
Reserve
Education Assistance Program (REAP)
Authority – Chapter 1607 of title 10, United States Code
Purpose – Provide educational assistance to members of the RC who
are called or ordered to active service in response to a war or national
emergency in recognition of their sacrifices
Eligibility – At least 90 consecutive days of active service in
support of a war or national emergency
Education Entitlement – Upon completion of 90 consecutive days
Duration of Benefit – As long as the member remains in the Selective
Reserve or 10 years following separation for disability
Current monthly benefit level FY 2006: 90 days – 40% of the
MGIB-AD benefit $413.60; one continuous year – 60% of the MGIB-AD
benefit 620.40; two continuous years 80% of the MGIB-AD benefit $827.20 for
36 school months
Montgomery
GI Bill – Active Duty (MGIB-AD)
Authority – Chapter 30 of title 38, United States Code
Purpose – Provide educational assistance in order to assist in
the readjustment to civilian life, to provide for vocational readjustment,
and to restore educational opportunities that are lost due to military
service
Eligibility – Enlist in a regular component for at least two years,
contribute $1,200. In addition, Reserve members who are mobilized
and are eligible for the basic MGIB-AD benefit may increase their total
36-month benefit by up to $5,400 by making an additional $600 contribution.
Education Entitlement – Upon completion of 2 years of service
Duration of Benefit – 10 years following separation
Current monthly benefit level FY 2006: Two-year benefit - $840; three-year
benefit - $1034 for 36 school months
Programs may be combined for not more than 48 months total of education
benefits. These programs are in addition to and may be combined with
Federal tuition assistance programs, student loan repayment programs,
and education assistance that may be available through the States to
members of the National Guard. |