GI Bill educational benefits

The GI bill sure has gotten more complicated than it used to be. Now they have benefits for reservists, now you can transfer your benefits to dependents, all kinds of stuffs that didn't used to be part of the GI Bill.

Let's just look at part of it, GI Bill for Selected Reserve. That's 36 months of educational benefits for reservists who have a 6 year obligation and have completed initial active duty for training (basic).

You may use this education assistance program for degree programs, certificate or correspondence courses, cooperative training, independent study programs, apprenticeship/on-the-job training, and vocational flight training programs. Remedial, refresher and deficiency training are available under certain circumstances.

You have 14 years to use the benefit (more if you are called to Active Duty).

This is really a pretty good deal.

Update:
But not exactly a great deal. The monthly payments for the Reserve version of the GI Bill are only $317 for a fulltime college student. Of course every little bit helps, but it's not much. When I was drawing GI Bill money for college in the early '70's I was getting $256 a month.