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Proposed GI Bill comparision chart from Army Times

 

S 22 and HR 5740

S 2938 and HR 5944

HR 5684

1. Increase payments from current $1,101/Mo

Average $1,700/mo indexed to full in-state tuition for public schools

$1,500/month basic benefit; $2,000/month for more than 12 years of service*

$1,450/month

2. Make payments up front

Yes

No

No

3.  Pay living expenses

Average $1,000/mo stipend based on local BAH for E-5 with dependents

No

$500/month for full-time students, $250/month for part-time

4. Money for book cost

Up to $1,000/month

$500/year

No

5. Transfer benefits to families

No

Yes

No

6. Repay student loans

No

Up to $6,000/year

Up to $6,000/year

7. Allow late enrollments

Anyone who has served at least three months since 9/11

No

All members can sign  up anytime during active service

8. Provide more administrative support

No

No

No

9. Cover VEAP-era members

Yes

Yes

No

OTHER

 

 

 

More time to use benefits

Up to 15 Years after separation

No

Up to 15 years after separation

$1,200 enrollment fee

Eliminated

Unchanged

Spreads payments out over two years instead of one

 

 

 

 

*increase for those with 12+ years of service to be phased in over three years: $1,650 in 2009, $1,800 in 2010, and $2,000 in 2011

 

 

 

 

Source:  Army Times 26 May 2008 page 15  Bryan Smith/staff

 

 

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