Home / EDUCATION / MGIB Buy-Up

MGIB Buy-Up

Details of GI Bill buy up program

You can add on in your GI Bill benefits by giving some extra contribution through a program called Buy -Up program. Hopefully you already are aware of this. Your total GI Bill benefits can be increased by $5,400 by this buy-up program. To get the benefit from this program there are four important facts that you should know.

There is an important Note on this: – if a veteran chooses to utilize the post-9/11 GI Bill benefits, he will not be qualified for this program even though he has paid already for it.

  • Fact 1:- How it is processed:-In your standard MGIB pay rate you can get extra $150 monthly through this GI Bill buy-up program if you are qualified active duty service member. By this your overall benefits can be increased up to $5,400.Through this program you can make additional contributions of $20 which can be increment up to $600.Guard and Reserve members can participate in this program by getting the eligibility through the new rules of REAP (Reserve Education Assistance Program).
  • Fact 2:-Payment rates under Buy-Up:- If you take the part in this program your GI Bill monthly payment will be increased according to the following list:-
If you contribute this additional amount: You will add this amount to your monthly:
Full-Time payment: 3/4  time payment 1/2  time payment less than 1/2 time but more than 1/4  time payment 1/4  time payment
$20 $5.00 $3.75 $2.50 $2.50 $1.25
$40 $10.00 $7.50 $5.00 $5.00 $2.50
$60 $15.00 $11.25 $7.50 $7.50 $3.75
$80 $20.00 $15.00 $10.00 $10.00 $5.00
$100 $25.00 $18.75 $12.50 $12.50 $6.25
$120 $30.00 $22.50 $15.00 $15.00 $7.50
$140 $35.00 $26.25 $17.50 $17.50 $8.75
$160 $40.00 $30.00 $20.00 $20.00 $10.00
$180 $45.00 $33.75 $22.50 $22.50 $11.25
$200 $50.00 $37.50 $25.00 $25.00 $12.50
$220 $55.00 $41.25 $27.50 $27.50 $13.75
$240 $60.00 $45.00 $30.00 $30.00 $15.00
$260 $65.00 $48.75 $32.50 $32.50 $16.25
$280 $70.00 $52.50 $35.00 $35.00 $17.50
$300 $75.00 $56.25 $37.50 $37.50 $18.75
$320 $80.00 $60.00 $40.00 $40.00 $20.00
$340 $85.00 $63.75 $42.50 $42.50 $21.25
$360 $90.00 $67.50 $45.00 $45.00 $22.50
$380 $95.00 $71.25 $47.50 $47.50 $23.75
$400 $100.00 $75.00 $50.00 $50.00 $25.00
$420 $105.00 $78.75 $52.50 $52.50 $26.25
$440 $110.00 $82.50 $55.00 $55.00 $27.50
$460 $115.00 $86.25 $57.50 $57.50 $28.75
$480 $120.00 $90.00 $60.00 $60.00 $30.00
$500 $125.00 $93.75 $62.50 $62.50 $31.25
$520 $130.00 $97.50 $65.00 $65.00 $32.50
$540 $135.00 $101.25 $67.50 $67.50 $33.75
$560 $140.00 $105.00 $70.00 $70.00 $35.00
$580 $145.00 $108.75 $72.50 $72.50 $36.25
$600 $150.00 $112.50 $75.00 $75.00 $37.50

There is an important note on this that the amount will be less which will be added for apprenticeship and OJT than the rate which is shown in the above table. For the first half year VA will pay the 75% of the amount which is shown, for the second half year 55% will be paid by VA, for third half year VA will pay 55%.

  • Fact 3:-For Buy-up How can you contribute:-If you want to apply after 30, 1985 it is mandatory for you to join the military for the first time, you have to be on active duty and you have to choose to contribute around $20 to $600 before getting separated. To take part and to process your application you have to use the form DD-2366-1 and contribute through your military branch.

An important note for this is that Airforce calls this program as GI Bill kicker.

  • Fact 4:-process of utilizing Buy-Up benefit: – If you have done some additional contributions then, presently VA has not any proper way to integrate to U.S. Department of Defense. The photocopies of the following document needs to be submitted by each service member who have done this as asked by VA:-
  1. DD Form 2366
  2. DD Form 1131- If you have fully paid the cash then cash voucher
  3. Service member LES’s

There is an important Note on that is through these documents VA gets the proof that payment of $600 has been done and to join this kicker will help to process the claim.

Leave a Reply

Your email address will not be published. Required fields are marked *