Can you keep using the old GI Bill or will the new 9/11 GI Bill benifits be automatic for everyone?

Question

Ok, so i have a full scholarship for grad school, and i was going to use the GI Bill to pay for rent, books and food. At about $1250 a month, i was going to get by. All i can get with the new GI bill is the BAH of an E-5, and that only comes out to about $850 a month. If i paid into the old GI Bill, will that one continue to operate for me?

Answer 1

I believe that if you are already qualified for the MGIB, that you may elect to continue coverage under that bill, rather than applying the Post 9/11 version.

Here's one excerpt I found:

"If you are already enrolled in the Montgomery GI Bill and also meet the criteria for the Post 9/11 GI Bill, you have the option to transfer your remaining MGIB benefits to the new program.

For many veterans this will be a good option. However, due to the tuition limits set by this new GI Bill, many veterans who are pursuing a post-graduate degree may find the MGIB better suits their needs. This is also true for those students pursuing an online degree, as this new benefit will not pay the housing stipend to students enrolled in distance learning programs."

I hope this helps. Good luck!