MONTGOMERY G.I. BILL

- The New GI Bill is available to qualified members of the Army National Guard pursuing a college degree. Under the New GI Bill, individuals attending a Veteran's Administration approved school will receive a monthly check paid directly to them during those months they attend the Institution. Funding for both Undergraduate and Graduate degrees are available. Full-time students (12 or more hours) receive $203.24 per month for 36 months, three-quarter time students (9-11 hours) receive $152.43 per month for 48 months, and part-time students receive $101.62 per month for 72 months or $50.81 per month for 144 months. Upon election of this program, members must have, or agree to commit themselves, for six years of remaining service in the Selective Reserve, which includes the Louisiana Army National Guard. Soldiers must possess a high school diploma or equivalent to be eligible for the New G.I. Bill.