Veterans Guide to Education Benefits
The Montgomery G.I. Bill (“GI Bill”) was passed after World War II. The purpose was to give returning veterans a chance to go to college or get vocational training. The program has existed - and expanded - ever since. It has helped thousands of veterans.
A Servicemember’s Guide to Student Loan Interest Rates
Since August 14, 2008, the Higher Education Opportunity Act has also made it possible for servicemembers to use the SCRA to have their interest rate reduced to six (6) percent on federal student loans that were taken prior to their entry into active duty.
Student Loan Discharge or Forgiveness and Military Service
Student loans can be quite a burden on any borrower. Discharge of that student loan debt can be very difficult. However, there are options.
Reserve Educational Assistance Program (REAP)
REAP provides educational assistance to members of the Reserve components called or ordered to active duty in response to a war or national emergency declared by the president or Congress.
Selected Reserve GI Bill (MGIB-SR)
The VA also provides a GI Bill for certain Reserve members. The program provides up to 36 months of benefits.
Chapter 35 - Survivors' and Dependents' Educational Assistance Program (DEA)
DEA provides education and training benefits to eligible dependents of certain servicemembers.
Chapter 33 - Post 9/11 G.I. Bill
The Post 9/11 G.I. Bill is the newest version of the program. The program includes several types of benefits. These benefits last for up to 36 months, with amounts based on the length and nature of your service.
Chapter 32 – Veterans Education Assistance Program (VEAP)
Veterans Education Assistance Program (VEAP) is available only to veterans who elected to make VEAP contributions from their military pay. Under this program, the VA will match every $1 contributed with $2.
Chapter 30 - Active Duty GI Bill (MGIB)
Chapter 30 – Active Duty GI Bill
The Montgomery GI Bill Active Duty (MGIB), sometimes known as Chapter 30, provides up to 36 months of education benefits for eligible servicemembers. This benefit can be used for:
Survivors' and Dependents' Educational Assistance (DEA)
Survivors' and Dependents' Educational Assistance (DEA) provides payment of a monthly education or training allowance to the spouse and children of a veteran: -who is permanently and totally disabled due to a service-related condition, or -who died while active duty, or -who died as a result of a service-related condition.