I've read practically through this whole dang thread. I've read lots of useful information on JC and have also posted a couple other topics before and I have always had the help of some truly knowledgeable and awesome peeps here. I have yet another couple questions. I am about to separate from the Navy as an AT (downsizing sucks). I have been wanting us my education benefits for Flight training. I am 100% eligible. I have not transferred over to Post 9/11 which I can do at anytime.
Almost to my questions. I was informed by a VA rep that I can get up to 48 mos of education benefits as long as I exhaust all of the MGIB and then apply for one year of Post 9/11. Instead of only getting 36 mos for only the Post 9/11 or MGIB. Now my Questions:
What way (if anyone has expereince in using either GI Bill) would be best to use for flight training.
- Should I just use 36 months of the MGIB (meaning I will have to pay 40%) which equals the VA reimbursing me up to approx $58,000 for the equivalent of 36 months (their 60%), my out of pocket would be about $35,000 (my 40%)? That would get me over $85,000 in flight training for a 35,000 investment on my part which is way less than what some kids are having to finance or pay for flight school plus I'm getting over 80 grand worth. Then after all that is said and done I'll have a year of Post 9/11 to either use on college with BAH for 12 months (3 semesters).
OR
- Should I play it safe, go to a Community College then Uni using the Post 9/11 and use the BAH for flight training along the way and use the money I've been saving up for what I was gonna use for my 40% of the MGIB and supplement the BAH to help with flight training?
OR
- I could also still use the MGIB to get 48 months (36 of MGIB and 12 of Post 9/11) and go to Community since it's so cheap and since the govt pays a flat rate of 1473 a month while attending plus my 150 (buy up program) for a total of 1623 a month (MGIB) and just pocket what I don't spend on classes and use on Flight training Then after 36 switch it over to Post 9/11 to finish up UNI and pocket BAH money for a year?
These are the three ways I have been deciding on and its hard to choose what will help me best in the long run for a job after my benefits run out. Help JC!