Veterans and members of the military qualify for the MGIB if the service member has served at least two years of active duty, graduated from high school or received a GED certificate, and had military pay reduced by at least $100 a month for the first 12 months of active duty.
During the 2009 to 2010 school year, full-time students with an enlistment of three years or more using the MGIB qualified for $1,368 a month for up to 36 months. Benefit funds are pro-rated for students attending less than full time. MGIB rates increase each year on Oct. 1.
Active military members and veterans can apply for the MGIB by locating a school that provides U.S. Department of Veterans Affairs-approved educational programs. Qualified students then should submit the Application for Education Benefits, VA Form 22-1990, to the VA Regional Processing Office.