What Is It?
A new GI Bill was created for volunteers who entered active military duty after July 1, 1985. Signed on Oct. 19, 1984, the law allowed participants to have their pay reduced by $100 a month for the first 12 months on active duty. In exchange, the VA would pay the individual up to $1,368 a month for 36 months for college or other training. A decision not to participate at the time an individual initially enters active duty on or after July 1, 1985, is irrevocable.
Who Does It Benefit?
To be eligible, a veteran must serve the initial active duty commitment and receive an honorable discharge.
How Much Does It Pay?
For the most current rates, visit www.gibill.va.gov