FYI: More information about the MGIB and the Post 9/11 GI Bill can be found on this page.
The purpose of the Montgomery GI Bill (MGIB) is to provide an educational assistance program to assist in the readjustment of members of the Armed Forces to civilian life after their separation from military service.
Montgomery GI Bill Active Duty (MGIB-AD)
This is a participatory educational assistance program which provides education and training opportunities for individuals who first enter active duty on or after 1 July 1985. All eligible active duty individuals must be counseled on their right to participate and offered the opportunity to decline within the first 14 days of active duty. Individuals who do not decline enrollment into the MGIB will have their pay reduced by $100 per month for the first 12 months on active duty (maximum contribution $1,200). For eligible individuals who enroll in the MGIB, ENROLLMENTS ARE IRREVOCABLE AND PAY REDUCTIONS ARE NONREFUNDABLE. Basic Eligibility requirements can be found on the Veterans Affairs Website. http://www.gibill.va.gov/pamphlets/CH30/CH30_Pamphlet_General.htm
Read more about Active Duty GI Bill Information
Montgomery GI Bill Selected Reserve (MGIB-SR)
Under the MGIB-SR, eligible Marines may receive $263.00 per month for up to 36 months of full-time study by agreeing to serve satisfactorily for six years in the Selected Reserve. This can mean up to $9,468.00 worth of benefits towards your education in addition to other benefits as a member of the Selected Reserve. The Marine Corps determines and reports eligibility to the Department of Veteran's Affairs (DVA). The DVA awards benefits for approved courses of study such as: flight training courses, baccalaureate degrees, graduate and post-graduate degrees. Basic Eligibility requirements can be found on the Veterans Affairs Website.
For more detailed information on education benefits available to Veterans, visit the VA Education Benefits web page or call 1-888-GI-BILL1 (1-888-442-4451). http://www.gibill.va.gov/
Read more about Reserve GI Bill Information