The Montgomery GI Bill provides education benefits for up to 10 years following release from active duty.
Eligibility for the GI Bill
In order to be eligible for the benefits, you must meet at least the following requirements:
- At least 3 years of continuous active-duty service
- Receive an honorable discharge
- Have a high school diploma or GED
You must also sign up while serving in the Air Force, and pay the $1,200 contribution fee. You can pay this fee as a lump sum or as a $100 pay deduction for 12 months - it is a lot of money, but you can use it to access almost $50,000 worth of benefits.
GI Bill Benefits
If you meet the requirements and pay your fee, then when you decide to return to school, the GI Bill will pay you $1,368 per month (if you are a full-time student)for 36 montbs to attend class. This money (which is tax-free) can be used for many educational opportunities:
- degree/certificate programs
- apprenticeship programs
- flight training
- licensing exams
- correspondence courses
You have up to 10 years (from the date of your discharge) to use these benefits. If you reenter active duty for more than 90 days, the date of your most recent discharge is used.