Is the Montgomery GI Bill considered Financial Aid?
Not in the traditional sense. In most cases, the schools financial aid department does not considered the Montgomery GI Bill (MGIB) financial aid because it is normally paid directly to you, not the school. Most schools will require you to sign a promissory note or apply for student loans to pay them upfront. This also means that you are eligible for student loans, scholarships, and Pell Grants along with the Montgomery GI Bill. But it is important to note that your MGIB income will reduce the amount of student financial aid you are eligible to receive. For help in locating scholarships, see the Scholarship Finder.
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?
- Im using the Post-9/11 GI Bill to pay for a portion of my tuition. Can I use financial aid to cover the rest?
- Is the Montgomery GI Bill considered Financial Aid?
