Here's a breakdown of both MGIB and the Post-9/11 GI Bill.
Determination of Benefits
Post-9/11: Benefit amount is based on completed service (40 –100 percentage levels).
MGIB: Benefit amount is fixed regardless of education program and is adjusted annually.
Types of Training Covered
Post-9/11: Provides benefit for programs offered by a college or university, non-college degree program, on-the-job and apprenticeship programs, flight programs and correspondence training.
MGIB: Pays benefit for college degrees and a variety of other programs offered by a college, non-degree granting school or other organization.
Housing Stipend
Post-9/11: Veterans may qualify
MGIB: Not authorized
Book Stipend
Post-9/11: Pays an annual book stipend
MGIB: Does not pay a separate book stipend
Pay Reduction
Post-9/11: No pay reduction
MGIB: Pay $1,200 ($100/month for 12 months)
Service Requirement
Post-9/11: Serve from 90 days to 3 or more years of cumulative AD service.
MGIB:
- Continuously served for 3 or more years - OR -
- 2 years if that is what you first enlisted for - OR -
- 2 years if you entered the selected Reserve within a year of leaving AD and served 4 years (“2 by 4” Program)
Benefit Term
Post-9/11: Maximum of 36 months
MGIB: Maximum of 36 months
Time Limit to Use Benefits
Post-9/11: 15 years from last discharge or separation date for veteran or spouse if date is before January 1, 2013. Does not expire if date is on or after January 1, 2013.
MGIB: 10 years from last discharge or separation
Tax Benefit
Post-9/11: Tax-free
MGIB: Tax-free
Tuitional Assistance
Post-9/11: Receive extra money for this benefit
MGIB: Receive extra money for this benefit