How does the Montgomery GI Bill Refund work?
Based on my understanding, you have to be eligible for the Post-9/11 GI Bill, elect to give up your MGIB benefits and switch to the Post-9/11 GI Bill, use all your Post-9/11 GI Bill benefits, and request a refund. Of course, there is some fine print: You will receive the MGIB refund with your final BAH payment, which means you must be attending an in-residence program (veterans attending college via online eduction are not currently eligible to receive BAH benefits through the Post-9/11 GI Bill program). If you are primarily taking online courses, then I recommend taking at least one class at a local university, even if it doesn’t specifically apply to your program – you can still declare another major. The only purpose of taking that class is to get he $1,200 refund. The MGIB refund is also prorated based on the amount of Montgomery GI Bill eligibility you have remaining. For example, if you didn’t use any of your Montgomery GI Bill benefits, you should receive the entire $1,200 refun
Related Questions
- Will the recent activation of reservists for Operation Enduring Freedom entitle them to the higher Montgomery GI Bill education benefit rates enjoyed by active-duty members?
- I am an active-duty veteran eligible for benefits under the Montgomery GI Bill. Why did the amount VA is paying monthly toward my tuition go up in October?
- How does the Post 9/11 GI Bill (Ch.33) compare to the Montgomery GI Bill (Ch. 30)?