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Thread: GI Bill Buy-Up program

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    Exclamation GI Bill Buy-Up program

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    Did you know that all current active-duty servicemembers who joined for the first time after June 30, 1985 are eligible to participate in the GI Bill Buy-Up program?

    Add $5,400 to Your GI Bill!
    Did you know that for an addition contribution to your GI Bill account you can earn an extra $5,400 in education benefits?

    Here's How
    If you are an eligible active-duty servicemember the GI Bill Buy-Up program can help you get up to an extra $150 a month added to your standard MGIB "pay rate." This could increase your total benefits by as much as $5,400.

    Participating in Buy-Up
    To apply you must have joined the military for the first time after June 30, 1985, still be on active duty, and elect to contribute up to an additional $600 before you separate. You may elect to contribute any amount from $20 to $600 in increments of $20. Each $20 contributed earns you an extra $180 in total benefits. To participate you must contribute through your military branch using form DD-2366-1 to process your request.

    Note: The Air Force refers to this program as a GI Bill kicker.

    Applying to Use Your Buy-up Benefit
    Currently the VA does not have a way to interface with the US Department of Defense to verify if you have made additional contributions. VA asks each servicemember who paid this contribution to submit photocopies of the following:

    DD Form 2366
    Your LES's - if deductions are payroll deducted
    DD Form 1131 - Cash Voucher if paid cash in full
    These documents provide proof to VA that the $600 was paid and will help them process your claim to include this kicker.

    My Sweetheart


    Quote Originally Posted by LoveKiss View Post
    Would you please not tempt the deployment gods?! They are vindictive and cruel.
  2. Del
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    Cool.

    Got a link to where you found this? I wanna show DB.
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    Quote Originally Posted by Del View Post
    Cool.

    Got a link to where you found this? I wanna show DB.
    it's on www.military.com, confirmed with DH who is Just H (he's home) he said he heard this too, so I did confirm before I posted.

    My Sweetheart


    Quote Originally Posted by LoveKiss View Post
    Would you please not tempt the deployment gods?! They are vindictive and cruel.
  4. *Too Blessed To Be Stressed*
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    #4
    My DH did this and it's really helping him now going to ITT since it's sooo expensive! I say if you can afford the extra money then go for it!
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    Quote Originally Posted by *~*Cori*~* View Post
    My DH did this and it's really helping him now going to ITT since it's sooo expensive! I say if you can afford the extra money then go for it!
    worth the time and effort. thanks for sharing =)

    My Sweetheart


    Quote Originally Posted by LoveKiss View Post
    Would you please not tempt the deployment gods?! They are vindictive and cruel.
  6. Del
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    Cool cool. Thanks for the link - DB is obsessed with direct links. I think he's a secret bookmark collector.
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    Quote Originally Posted by Del View Post
    Cool cool. Thanks for the link - DB is obsessed with direct links. I think he's a secret bookmark collector.
    lol than we've just made his night

    My Sweetheart


    Quote Originally Posted by LoveKiss View Post
    Would you please not tempt the deployment gods?! They are vindictive and cruel.
  8. gss1981
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    Thanks for the info! DH is using Tution Assistance right now, but, if he gets out, I'm sure the GI Bill will be great!
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    Quote Originally Posted by gss1981 View Post
    Thanks for the info! DH is using Tution Assistance right now, but, if he gets out, I'm sure the GI Bill will be great!
    Yup, TA if applicable and approved he can use that. But, you may wanna ask him if he's interesting in 'buying' up the GI monies. If he is, following the article instructions.

    My Sweetheart


    Quote Originally Posted by LoveKiss View Post
    Would you please not tempt the deployment gods?! They are vindictive and cruel.

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