Maximize Your GI Bill Benefits
By Ron Kness
()
About this ebook
GI Bill benefits are a precious commodity that should not be wasted. After all, if you are like most servicemembers or veterans you only have 36 months to use – 48 months if you are fortunate enough to have two or more GI Bills (which many veterans have).
The more I work with the GI Bills, the more both surprised and frustrated at the amount of mis-information there is on the Internet concerning GI Bill benefits. Because of this, I hear from a number of veterans who have ended up mismanaging and squandering their GI Bill benefits - with nothing to show for their hard-earned benefit.
I also constantly see the same, or variations of the same questions, asked over and over again, so my intent with this guide is three-fold: • Put some of the mis-information to rest. • Provide honest advice as to how best to use your GI Bill benefits. • Provide some ways veterans can use to shorten their time to a degree.
As part of the how-to-use-benefits advice, I have included 9 savvy tactics veterans can use to squeeze every drop of value from their GI Bill benefits. After years of exhaustive research and experience working and using the GI Bill myself, I have finally compiled this comprehensive guide (to include the new Forever GI Bill) that shows you the GI Bill facts and ways you can use to best use your GI Bill(s).
Ron Kness
Besides my own writing, I also ghostwrite ebooks, reports, articles, blogs on a variety of topics along with Kindle conversions for clients. Today my wife and I live in Gold Canyon, AZ, where you'll find me happily sitting in my office typing away on my laptop as I work on my next book or ghostwriting project . . . that is if we are not traveling on a cruise ship - our new-found mode of travel.
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Book preview
Maximize Your GI Bill Benefits - Ron Kness
Introduction
In a man-to-man fight, the winner is he who has one more round in his magazine.
Erwin Rommel – The Desert Fox
To the end mentioned in my Message from the Author, we start out in Chapter One with the history of the GI Bill ... to give you a flavor of how it has evolved over the last 80-plus years. As shown, the desire to help veterans has been around a long time. Some of the results have been successful – others have not.
In Chapter Two, we discuss five common GI Bills, along with one recent modification to an existing GI Bill. The confusing part for many trying to use their GI Bill (s) is that each one has a different set of rules adding to the confusion.
And if you are eligible for multiple GI Bills, as many veterans are, understanding how each one varies from the other as far as the benefits, eligibility, application procedures and payment, can help you when comparing GI Bills and using a strategy to get the most from the benefits you have.
Speaking of multiple GI Bills, in Chapter Three we dig deeper into trying to determine which GI Bill is right for you. In today’s world, it is very common for a veteran to have two GI Bills and some even have three. You have to know the benefits and rules discussed in the previous chapter before you can make an intelligent decision. And your decision is important; in some cases irrevocable, so you don’t want to make the wrong choice.
Once you have selected your GI Bill, then it is time to make an education plan and find a GI Bill-approved and veteran-friendly school that meets your needs. We discuss these two topics in Chapters Four and Five respectively.
Then it is onto Chapter Six where we talk about some of the various VA forms that you will use when applying for benefits among other things. After that, we get into the advantages and disadvantages going to school full-time verses part-time in Chapter Seven. Both have merit depending on your situation.
Chapter Eight discusses some strategies on how you can shorten the time it takes to get your degree. Why sit in class any longer than necessary or needlessly burn up entitlement when you don’t have to? These tools are there for you to use.
Chapter Nine – Post 9/11 GI Bill Transfer of Benefits. While this is a great benefit, it is also probably one of the most misunderstood benefits, so I wanted to cover it as a separate chapter.
Chapter Ten gets into the Forever GI Bill. While called a GI Bill, it is actually a much-needed modification to the existing Post 9/11 GI Bill, along with a few other changes.
Summary – here we wrap everything up and give some final tips and advice to using and maximizing your GI Bill benefits.
And finally my Author Page...who I am and what makes me qualified to write an ebook on this topic.
Chapter One - History of the GI Bill
Whoever said the pen is mightier than the sword obviously never encountered automatic weapons.
General Douglas MacArthur
At the end of World War I, most returning veterans received a benefit of $60 and a train ticket home; that was it back then – that was their GI Bill
. Out of that token payment to veterans, the idea that veterans should receive more began to take hold...and it continues to still grow today.
The next big step was Congress passing the World War Adjusted Act of 1924. The Act’s goal was to pay veterans an amount of money based on the number of days they served ... an idea that continues to be used today.
While the idea to help veterans was a great gesture, the reality is that most veterans would not see any money until 20 years later. Some never did get anything.
Then Congress again saw a chance to help veterans who were returning from World War II. But it was more than helping veterans. With millions of veterans coming home and no job to come home to, and with the horrors of the Great Depression in the 30s still fresh on everyone’s mind, helping veterans by providing them with education opportunities not only provided them with a paycheck while going to school, but in fact, could (and most likely did) prevent another economic collapse.
But Congress was not united on all provisions of the new GI Bill. While most agreed with both the education assistance and home loan guarantee portions, they were divided on the unemployment provision. However, in the end, the Bill passed with all three provisions still intact and President Roosevelt signed the first GI