GI Bill proposal comparision chart from Army Times
Mikelson, John D
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S 22 and HR 5740 |
S 2938 and HR 5944 |
HR 5684 |
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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 |
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2. Make payments up front |
Yes |
No |
No |
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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 |
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4. Money for book cost |
Up to $1,000/month |
$500/year |
No |
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5. Transfer benefits to families |
No |
Yes |
No |
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6. Repay student loans |
No |
Up to $6,000/year |
Up to $6,000/year |
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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 |
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8. Provide more administrative support |
No |
No |
No |
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9. Cover VEAP-era members |
Yes |
Yes |
No |
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OTHER |
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More time to use benefits |
Up to 15 Years after separation |
No |
Up to 15 years after separation |
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$1,200 enrollment fee |
Eliminated |
Unchanged |
Spreads payments out over two years instead of one |
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*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 |
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Source: Army Times 26 May 2008 page 15 Bryan Smith/staff |
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