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Published: 2008

Total Pages: 0

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Following the expiration of the original GI Bill, other programs, including the Korean GI Bill, Vietnam Era GI Bill, the Post- Vietnam Era Veterans' Educational Assistance Program (VEAP), the Montgomery GI Bill-Active Duty (MGIB-AD) program, the Montgomery GI Bill-Selected Reserve (MGIB-SR) program, and the Reserve Educational Assistance Program (REAP), were implemented to make education benefits [...] The maximum education benefit may not exceed the sum of the amount contributed by the participant and the matching federal contribution (see Table 1 for details); and the maximum monthly benefit amount is $300.6. [...] Spouses are eligible for benefits for ten years from the date of death of the veteran or from the date of VA notification of eligibility due to the veteran's permanent and total disability, although, again, there are some exceptions. [...] It also examines the purchasing power of benefits made available under the MGIB-AD program - the largest of the currently active veterans' education benefits programs. [...] As can be seen, benefits were most generous in real terms in the late 1940s under the original GI Bill of Rights, in the early 1970s under the Post- Korea and Vietnam-Era GI Bill, and in the 21st century under the MGIB-AD program.