All you will get will be school-related things paid-for, supporting your family is on YOUR head. The link will give you more information.
2007-11-30 05:18:43
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answer #1
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answered by Stephen H 5
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This Site Might Help You.
RE:
Montgomery GI Bill - how much does it pay and does it give one enough to support their family?
I am wanting to get out of the world of cubicles and into working towards a degree in Health, Nutrition and Fitness...However, I want to know if my Montgomery G.I. Bill from the Regular Active Duty Army will suffice in me supporting my family if I go full time? If not then part time may be my only...
2015-08-06 15:27:13
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answer #2
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answered by ? 1
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Everybody else is throwing figures at you. Dont worry about it unless you have made up your mind.
It will normally pay for books and tuition. You might have a few hundred left over each month (on average) but that's about it. Your best bet is to take evening classes or online classes. Go for a cheaper college so that it doesn't cost very much and so you can pocket even more.
Some people have a kicker with their GI Bill which provides a few hundred extra a month. But, trust me, it will not take care of your family.
I am retired and I am using my GI Bill. I also have a kicker. I pocket most of the money because I work for a University that gives me free tuition. My wife is using her GI Bill as well. But, she is with University of Phoenix online so she doesn't get to pocket very much. Her Pell Grant from last year helped out with some, which enabled her to pocket some more.
Oh, by the way ...I work in a cubicle too.
Good luck!
2007-11-30 06:28:00
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answer #3
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answered by mnid007 4
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2016-12-02 06:30:31
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answer #4
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answered by Elvia 5
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I'm retired Air Force and have been attending Kaplan University. Institutions like Kaplan have an expensive tuition rate and even if you go full time, you cannot support your family and attend school, its merely to cover tuiton of school.
I've had good luck with Kaplan until recently. I have tried for over 2 months to have them send my Verification of Enrollment in so I can verify my enrollment on WAVE, that's what happens when a company hires young folks that have no motivation. I will try again Monday. If your not in a hurry to get degree, I would go to a local college, your VA money will go farther. Remember, no matter what, the VA will only pay a maximum per month. I believe if your full time it's something like 1100.00 Not sure though. Good luck to you.
Mike
Retired AF 1980-2000
2007-12-02 04:03:07
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answer #5
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answered by elecwhit2006 1
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The total payout now is close to $40K.
What you need to do is go to www.va.gov and read all the info regarding your educational benefits.
After you get a little education by reading what the VA has to say GO to the school you are interested in attending if this does work out for you. ANY REAL college or university has a VA admissions/financial counselor on campus to get vets use their GI Bill benefits to the maximum.
Do NOT go to any college or school you saw on TV, they may promise quick education, but the total cost is more than 4 years at Harvard.
We cannot tell you if you can support your family AFTER you get done paying tutition and books. Only you know how much that costs.
You can get grants from most colleges and a financial aid person can maximize all money so you can do the best for yourself and your family. That is where the VA counselor comes into play. They WANT vets in college because you are responsible, your tutition will get paid and you will take your education seriously so they want you there to maybe rub off on the younger dumber kids who are clueless.
Do your research and I think you will find lots of good informations and tons of people waiting to help you achieve your goal.
Good luck.
2007-11-30 05:25:06
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answer #6
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answered by Anonymous
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Unfortunately, part time is probably your best option. You do get a stipend to help with living expenses but I doubt it will be enough to support your family if you don't have any other income.
Something else to be prepared for, the G.I. Bill refunds your tuition and fees expenses - meaning you pay up front and the Army gives you a full/partial refund depending on the benefits you qualify for.
Ultimately you should check with the appropriate person so you can fully plan out your college expenses.
2007-11-30 05:24:06
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answer #7
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answered by Hubris252 7
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no. the GI bIll will NOT support a family. It is meant to cover schooling expenses: tuition, books, fees, etc. it will not pay for rent, groceries or other necessities.
HOWEVER.. the more credits you take, the more money you get. If you go part time to college, you will not get as much money as you would if you attended full time.
2007-11-30 06:05:54
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answer #8
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answered by Mrsjvb 7
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It pays pretty good but I suggest you also take out some student loans. If you are white and male, there's not a lot of grants out there for you though. If you are black and female, they pay you to go to college.
2007-11-30 11:35:13
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answer #9
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answered by Anonymous
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this is the latest info for how MGIB breaks down:
MGIB+ACF Monthly
Enlistment MGIB ACF Total Payment
2-years $32,184.00 $ 5,400.00 $37,584.00 $1,044.00
3-years $39,636.00 $12,600.00 $52,236.00 $1,451.00
4-years $39,636.00 $23,400.00 $63,036.00 $1,751.00
5-years $39,636.00 $30,600.00 $70,236.00 $1,951.00
6-years $39,636.00 $34,200.00 $73,836.00 $2,051.00
Monthly payment amounts are figured on a veteran attending full-time for 36 months.
The ACF is a supplement to the MGIB, not a totally separate benefit. For example, applicants enlisting for 2-years should realize that they will not receive a MGIB amount of $32,184 and an ACF amount of $37,584, but will only receive an MGIB+ACF amount of $ 37,584.
2007-11-30 06:19:35
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answer #10
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answered by Anonymous
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i'm not sure how much it pays out, i declined it but its for college not supporting your family.
2007-12-01 07:04:07
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answer #11
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answered by jason 3
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