
The MGIB-SR is for individuals who are in the Selected Reserve or National Guard, actively drilling under a 6 year contract. Eligibility remains only as long as the individual remains in the Reserves or Guard, and meets the following requirements:
You could also retain eligibility if you were discharged from Selected Reserve service due to a disability, and your eligibility period may be extended if you are ordered to active duty.
If eligible, you can receive up to 36 months of benefits. Eligibility typically ends your last day of Selected Reserve. If mobilized, benefit eligibility may be extended for the same number of months of mobilization, plus 4 months. Original eligibility period will remain if you are involuntarily separated, or your unit is deactivated between October 1, 2007 and September 30, 2014.
Benefits may be used for:
2012-2013 Estimated Payments | Chapter 1606 | ||||
| Rates | $345.00 | $258.00 | $171.00 | |
Days | Full-Time | 3/4 Time | 1/2 time | ||
Spring Semester | January | 24 | 195.50 | 146.20 | 96.90 |
1/14 - 5/13 | February | 28 | 322.00 | 240.80 | 159.60 |
| March | 31 | 356.50 | 266.60 | 176.70 |
April | 30 | 345.00 | 258.00 | 171.00 | |
May | 13 | 149.50 | 111.80 | 74.10 | |
Semester total allowance | $ 1368.5 | $1023.40 | $ 678.30 | ||
For further information logon to:
http://www.gibill.va.gov/benefits/montgomery_gibill/selected_reserve.html