Hi Michael, If all of your classes will be online, you are not going to receive the housing allowance you would be eligible for with the Post 9/11 GI Bill. So in a case like this, the Montgomery GI Bill would have probably given you more in monthly benefits. If you were eligible for the full Montgomery GI Bill benefits, it would have provided you with $1326 a month.
Unfortunately, I don’t believe that the VA is going to allow you to switch back to the Montgomery GI Bill. They encourage everyone to examine which benefits program will work best for their individual situation, prior to deciding which GI Bill to use, but once veterans make their decision, they can’t change their mind and switch again. They do allow veterans who have switched from the MGIB to the Post 9/11 GI Bill, to take education programs that the Post 9/11 GI Bill doesn’t cover, but the MGIB would have.
I do have a suggestion. See if the school you have enrolled in is a member of the Yellow Ribbon Program. The Yellow Ribbon Program can be used with the Post 9/11 GI Bill, and schools which are in the program have agreed to pay a part of the amount of tuition which isn’t covered by the Post 9/11 GI Bill. They can pay up to 50 percent of the amount not covered, and the VA will pay the rest. Each school is different in how many veterans they will do it for, and how much they will pay, but it is possible that you could have that 30% taken care of. If the school you enrolled in is not a member of the Yellow Ribbon Program, perhaps next semester you could transfer to one that is.
Just to help anyone out there. If you elect the Post 9/11 G.I. Bill and you had the Chapter 30 Montgonery G.I. Bill you can switch back. It took me about 6 months, but I was able to switch back. hope this helps.
Thanks for the info. I would say this is an exception rather than the norm. It’s best if people do their homework first, before switching, and then they don’t have to deal with trying to change back (and possibly get denied).
Pretty nice post. I just stumbled upon your blog and wanted to say that I have really enjoyed browsing your blog posts. In any case I’ll be subscribing to your feed and I hope you write again soon!
Thank-you for your kind comment. I publish two posts per day Monday through Friday. Enjoy the reading.
Ron