U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Military Life and Issues
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 10-09-2008, 04:52 AM
 
Location: Beautiful place in Virginia
2,658 posts, read 10,163,442 times
Reputation: 1274

Advertisements

20 Top FAQs for the New GI Bill - Education - Military.com

Quote:
17. Question: Can I transfer my GI Bill benefit to family members?

Answer: Yes, but the details for doing so have not been completely clarified yet.

Transferring Post 9/11 GI Bill Benefits: The Department of Defense (DoD) is authorized to allow individuals who, on or after August 1, 2009, have served at least 6 years in the Armed Forces and who agree to serve at least another 4 years in the Armed Forces to transfer unused entitlement to their dependents (spouse, children). The Department of Defense may, by regulation, impose additional eligibility requirements and limit the number of months transferable to not less than 18 months.

Transfer of Unused Education Benefits Under MGIB (Chapter 30), 1606, or 1607 to Family Members. The Department of Defense is authorized to allow individuals who have served at least 6 years in the Armed Forces and who agree to serve at least another 4 years in the Armed Forces to transfer unused entitlement to their dependents (spouse, children) under chapters 30, 1606, and 1607. The Department of Defense may, by regulation, impose additional eligibility requirements and limit the number of months transferable to not less than 18 months.

NOTE: Although the transfer of entitlement provisions are effective as of June 30, 2008, DoD must develop regulations and provide VA with eligibility information before we can make payments under this provision. The ability to transfer benefits is limited to those currently serving in the military.
Has anyone taken the initiative to transfer benefits to your children?

If you take a multiyear specialty bonus or reenlistment bonus can the additional time be served concurrently?

It sounds better than any college savings plan.
Reply With Quote Quick reply to this message

 
Old 10-09-2008, 08:33 PM
 
44 posts, read 237,293 times
Reputation: 32
Can't do it until AUG 1, 2009. I plan on transferring my remaining 20K to my eldest son (7). I graduate in May '09.
Reply With Quote Quick reply to this message
 
Old 10-16-2008, 10:23 AM
 
Location: GA/AL state line
254 posts, read 1,043,806 times
Reputation: 152
My ex-wife is currently planning to use her GI Bill to transfer to our daughter in the fall of 2009. I'm planning to use my own GI Bill after I retire in 2010. I still need 16 semester hours, but now that I'm under two years from retirement I can't get any more education benefits without risking additional length of service requirements. I'll probably have to get the McDonald's job while I try to finish my post-retirement degree.
Reply With Quote Quick reply to this message
 
Old 10-17-2008, 07:37 PM
 
Location: Fly-over country.
1,765 posts, read 6,196,780 times
Reputation: 903
Some folks here inside the beltway claim that it will be a re-up option for critical skills. We all know what that means. I'm retired now, so I can't qualify under the current law.

Before making any plans, I suggest you wait for the service-level policy to come out.

FWIW, a few in congress are not happy with how this went down and have vowed to bring it up again.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Military Life and Issues
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6. The time now is 08:52 AM.

© 2005-2017, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top