• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

US Military

  • Branches
    • Army
    • Navy
    • Air Force
    • Marine Corps
    • Coast Guard
    • National Guard
    • Air National Guard
    • Find A Recruiter
  • Find A Recruiter
  • Military Benefits
    • GI Bill
    • VA Loans
    • Military Scholarships
    • Military Friendly Colleges
    • Money
  • Jobs
    • Military Pay Chart
    • Veteran Jobs
    • Civilian Jobs
  • VA Loan Rates
  • Military News
    • Top News
    • Benefits
    • Careers
    • Education
    • Featured Columnists
      • Larry Fowler
      • Scott Ostrow
      • Kim Lengling
      • Dr. Sasha Toperich
      • Rick Stewart
  • USM Shop
  • GI Bill
  • VA Loans
  • Military Scholarships
  • Top Military-Friendly Colleges and Universities in America

Education Buy Up Funding Options

June 12, 2008 By admin

When you enlist in the United States Military there are a number of different options that you have for financing your education. One of these is the Montgomery GI bill, where you participate for 12 months making a deduction from your pay, and then the Veterans Administration and the US Federal Government takes that money, and adds to it providing you with up to 36 months of benefits when you separate from the military. But there are a couple of options that are available to the enlisted Servicemember to increase the amount of education funding that they qualify for. One of these methods is called the Buy Up MGIB Funding option. This is a process where the Servicemember chooses to contribute an additional amount for the first year toward their educational fund.

The Tuition Buy Up program is a method of maximizing the benefits that are payable under the Montgomery GI bill so that when you choose to end your military career you have additional funding available. The Buy Up program allows you to add up to $600 dollars additional in that first year and realize an increase in the benefits when you separate from the military. If you contribute the full additional amount of $600 dollars then you qualify for funds up to an additional $5,400 dollars. This amount is payable over the course of the Montgomery GI bill benefit program, normally up to 36 months. You have to be serving on active duty, and have time to participate in funding the program while still on active duty. You have to be an enlisted Servicemember and be eligible otherwise for the Montgomery GI Bill program in order to participate, but if you qualify then the Buy up program can assist you in gaining quite a financial advantage. The amount of money that is available for a Servicemember is reduced if the person is serving in the Selected Reserve; the full amount is reserved for those persons serving on Active Duty.

Are you interested in an exciting career in the Military? See if you qualify. Click Here Now!

The Montgomery GI Bill is a great way to help pay for your education, and it makes good sense to take advantage of the Buy up program to increase the amount of funds available to you. There are at times other programs, all of which are referred to as “Kicker” programs that are available to Servicemembers that can at times increase the educational funds available at separation. All of these programs are strictly voluntary, and they all involve some sort of small financial funding by the Servicemember the first year.

Filed Under: Education, Updates

[related_posts_by_tax format="thumbnails" limit_posts="100" image_size="sidebar-thumbnail" public_only="true" posts_per_page="6"]

Primary Sidebar

USMilitary.com Career Guide

Sign up to receive USMilitary.com email updates and to hear what's going on with all military branches!

Featured Columnists

Larry Fowler

Larry Fowler is the publisher of USMilitary.com Network one of America's premier privately owned

Autobiography Compares Christian Living With Navy SEAL Training (BUD/S).

Scott Ostrow

Lt Col (Dr.) Scott A. Ostrow retired from the Air Force in September 2005 and has been teaching

Must Read: The Truth About The ASVAB Test Prep From The Man Who Wrote The Book

Kim Lengling

Kim Lengling is a Air Force Veteran whose passion is to help support veterans and their

The Moving Wall: Women Who Paid The Ultimate Price For Their Country

Dr. Sasha Toperich

Dr. Sasha Toperich is the Senior Executive Vice President at Transatlantic Leadership

Sarraj’s Dangerous Dance With Power

Rick Stewart

Rick Stewart is a former United States Air Force Survival, Evasion, Resistance, and Escape (SERE)

Announcing American Patriots Unsung Magazine

Nathan B. Nelson

Capt (ret) Nathan B. Nelson is the Director of Military Affairs for the 1st Congressional district

Three Critical Considerations for Every Veteran Prior to Leaving Active Duty

Laquan Daniels

Laquan Daniel is a military recruiting expert with over 17 years of specialized experience in the

Important News For Military Transitioning Veterans

Veteran Buzz

Hire Military Veterans

Which Companies Are Most Likely to Hire Military Veterans?

July 30, 2018 By Ben Ehinger

High-Paying Jobs for Military Veterans

5 High-Paying Jobs for Military Veterans

July 2, 2018 By Ben Ehinger

High Paying Jobs Not Requiring a Degree

June 28, 2018 By Ben Ehinger

Footer

  • Advertise With Us
  • Privacy Policy
  • Write For US
  • Link to Us

Recent

  • Apache Attack Helicopter Pilot: To Maintain a Watchful Eye, “Above the Best”
  • Peering Into The Future: NATO 2030 Initiative Announced
  • Autobiography Compares Christian Living With Navy SEAL Training (BUD/S).
  • What Military Branch Sees the Most Combat?
  • From Belarus “With Love”, Yet Again

Search

© Copyright 2021 USMillitary
Web Design by Goebel Media Group


THIS IS A PRIVATE WEBSITE THAT IS NOT AFFILIATED WITH THE U.S. GOVERNMENT, U.S. ARMED FORCES, OR DEPARTMENT OF VETERANS AFFAIRS. U.S. GOVERNMENT AGENCIES HAVE NOT REVIEWED THIS INFORMATION. THIS SITE IS NOT CONNECTED WITH ANY GOVERNMENT AGENCY.

​Tips
Discounts
News

​

​

Join the USMilitary.com Newsletter Today!

By subscribing you agree to our terms & conditions

x