Education Planning - National Guard Family Program

Introduction to Personal Finance
An Overview for State Family Program Directors, Wing Family Program Coordinators, and Families.

Introduction

Evaluating Your Situation

Budgeting & Debt Management

Goals & Plans

Insurance & Disability Planning

Investment Planning

Education Planning

Retirement Planning

Estate Planning

EDUCATION PLANNING

6.	Montgomery GI Bill
	6.1	Planning for Your Child’s Education
		6.1.1	Personal Investing
		6.1.2	Prepaid Tuition Plans
		6.1.3	Loans
		6.1.4	College Options through Life Insurance
		6.1.5	Educational Tax Credits
	6.2	Learning Check

6. Montgomery GI Bill

The Montgomery GI Bill (MGIB) was enacted by Congress to attract high-quality men and women into the Armed Forces. The program provides up to 36 months of educational benefits to eligible persons enrolled in degree and certificate programs, apprenticeship and on-the-job training, and correspondence courses approved for veteran’s training.

The program is administered by the Department of Veterans Affairs. An on-line MGIB pamphlet provides more detailed information.

You may also visit the Montgomery GI Bill web site for more information.

In-State College Tuition Assistance may be available to qualifying National Guard personnel. To find out more about College Tuition Assistance, contact your state Education Officer.

You may also be eligible for a scholarship. For links relating to scholarships, click here.