The Post-9/11 Veterans Education Assistance Act of 2008 (The New GI Bill)

June 30. 2008, the President of the United States signed into law the new GI Bill, giving members of our military greatly improved benefits. One benefit that was included is the ability to pass your entitlement down to family members! This is a huge benefit in the minds of many of our servicemen and women.

One important item to note is when the benefits go into effect.

“When is The Post-9/11 GI Bill effective?

The Post-9/11 GI Bill benefits are payable on
August 1, 2009 towards training completed after
7/31/2009.” http://www.gibill.va.gov/S22/S22%20Fact%20Sheet%20version%201.0.pdf

I did not include a complete rundown of benefits, as that would make this article very long. Instead, you can access the pdf file here and see for yourself.

Here is the VA source I found for the link to this pdf file.

Copyright 2008 MsMarti. All rights reserved.

WOTN's NCO note:  It took a long time and a lot of hard work to get the transferable GI Bill.  It took a lot of work to earn your GI Bill.  Be careful in deciding to give away that which you earned.  There are no doubt many instances in which it is beneficial.  But mark my words: Some of our young privates will wish they had not done so.  Before signing away these rights, consider that you earned them, you're young and College is your method to a good civilian job and success post-Military.

Many Soldiers will be tempted to give this away to their future ex-wives.

And before those with the current GI Bill transfer to the newer version, be sure to confirm it is financially beneficial to you.  If you only have one year of active service post 9/11 and/or are enrolled in online education, it may not be the way to go.  If you have 3 years post 9/11 active duty service, it is likely to be beneficial to transfer to the newer version.