I recently wrote about the new Post 9/11 GI Bill that goes into effect on August 1st here:
http://marriedtothearmy.typepad.com/married_to_the_army/2009/03/new-gi-bill.html
The rates for the state of Georgia have been revised. With this change, it works out to be fairly close to even with the payment rates of the current GI Bill (for my husband's situation). However, he is now looking into a Master's program that is only offered online through the college he attends in Dahlonega. Under the new GI Bill, it will cover the costs of the program but because it is online only, he won't receive the housing allowance each month. So once again, it appears it is best for us to stick with the current MGIB-AD plan.
We did receive a letter a few weeks ago informing him how to apply for the new Post 9/11 GI Bill. It states that once the election has been made, it cannot be undone. If you're looking between the two options to decide which is best, be sure to run a few different scenarios before you make your election.
Better safe than sorry!
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