5 Must Know GI Bill Facts

Week of February 11, 2008

First time users of the GI Bill can find the process confusing and often frustrating. If you are planning to use your GI Bill benefit, there are 5 facts you must know to help make the process easier.

1. You Have 10 Years to Use Your Benefits
2. The GI Bill is Not Federal Financial Aid
3. You Can Stop and Start Using the MGIB as Needed
4. A "Month" of Benefits Doesn't Always Mean a Month
5. The GI Bill Pays According to the Number of Credits You Take

View more details about these 5 GI Bill Facts.

It is also important to know that the MGIB Payment rates increase every year. See the <http://tracking.military.com/cgi-bin/outlog.cgi?url=http%3A//education.military.com/money-for-school/active-duty/gi-bill/active-duty-gi-bill-payment-rates&code=VR_021108_MGIBPayments>current GI Bill payment rate tables to view the details and this year's payment rate.

As a Veteran you may have more than $56,000 in Military Education Benefits. Start using them today. Take the first step by requesting free information from schools.

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