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FINANCIAL AID


GI Bill - TUITION ASSISTANCE COMPARISON

 

 

reGULAR GI BILL (CH.30)* RESERVE GI BILL (CH. 1606)

TUITION ASSISTANCE (Ta)

Who does money go to? You You The school
How much? Basic benefit: $47,556 (increases on 01OCT annually).

Buy-up benefit: up to $5,400 (does not increase).

Max benefit: $11,844 (increases on 01OCT annually). Up to $4,500/fiscal year.
How much is each payment? Max for basic benefit = $1,321/month (institutional trng/education).

Max with buy-up = $1,471/month (institutional trng/education).

Monthly amount depends on number of credits you're taking or if you're taking OJT or in an apprenticeship.

Max = $329/month (institutional trng/education).

Variable amounts for apprenticeship or OJT.

Up to $250/semester hour OR

up to $166.67/quarter hour.

What does it cover? Anything; it goes into your bank account.  You can use it for tuition, fees, transportation, rent, food, a vacation, etc. Anything; it goes into your bank account.  You can use it for tuition, fees, transportation, rent, food, a vacation, etc. Only tuition and certain fees specifically related to your course (you pay for fees, books, etc.).
How often is it paid? Monthly, as long as you continue to take courses that add up to the required number of credit hours. Monthly, as long as you continue to take courses that add up to the required number of credit hours. Once, at the time you register for classes.
Are there any conditions? Course/program must be approved by the VA. Course/program must be approved by the VA.

You must be attending school/training half-time or more, AND

have 6-year obligation, AND

have completed initial active duty for training (IADT), AND

remain in good standing (complete required number of drills).

Enlisted personnel must complete course before enlistment ends, retirement, etc.

Regular officers must serve for 2 year after completing course, Reserve officers 4 years.

Civilians must remain employed by CG for 1 month for every credit paid for by TA, after you complete the course.

How long can I use it? For ten years from the date you leave active duty. Generally, for ten years from eligibility date if you became eligible before 01OCT1992

OR

for fourteen years from eligibility date if you became eligible on or after 01OCT1992.

For as long as you receive a Coast Guard pay check.
Do I have to do anything before I apply for it? Complete VA form 22-1990 and send it to VA along with copy of form DD-2366 (Basic Enrollment Form).  If you made extra contributions via the Buy-up option, also send your DD-2366-1 and proof of extra amount you contributed. Complete VA form 22-1990 and send it to VA along with your form DD-2384-1 (Notice of Basic Eligibility/NOBE). No
How do I apply for it? Ask the financial aid or VA representative at your school to submit an enrollment certification to the VA. Ask the financial aid or VA representative at your school to submit an enrollment certification to the VA. Use on-line application (eTA) or, if you don't have Internet access, complete current version of Tuition Assistance request form (CG-4147) and submit it to your ESO.
When do I apply for it? You file a claim after you've registered for classes. You file a claim after you've registered for classes. The CG Institute must receive your TA request in time to get the authorization to you before you have to pay for the course (allow the Institute two business weeks to process your request).
What do I receive after applying for it? Notification by mail that your benefit has been activated. Notification by mail that your benefit has been activated. An authorization by e-mail, which you print out, sign, and give to your school.
When is it paid out?` After you've registered for classes your school confirms that you're taking courses and informs the VA; you must verify your enrollment by phone or on-line every month. After you've registered for classes your school confirms that you're taking courses and informs the VA; you must verify your enrollment by phone or on-line every month. After the school bills the Coast Guard, which is after you've registered for classes and submitted your TA authorization to the school.
Who's eligible to use it? Enlisted personnel who didn't refuse it during boot camp: veterans and Regulars with over 2 years of active duty service . All Reservists who meet eligibility requirements Uniformed personnel and Coast Guard civilian employees
Can my spouse use it? No No No
What can I use it for? A huge variety of educational and vocational courses and training, including OJT and apprenticeships. Check VA web site to see if your program is eligible for funding. A huge variety of educational and vocational courses and training, including OJT and apprenticeships. Check VA web site to see if your program is eligible for funding. Courses which yield transferable credit and are offered by regionally- or nationally-accredited institutions.

* All info on Regular GI Bill (except dollar amounts of the benefit) also applies to REAP.

 

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Last Modified 03/09/2009