I had no idea about this. Trying to wrap my head around it but just thought I would put this here.
Thanks j4pac
How to sign-up for the Montgomery GI Bill
STEP 1. Find out your DD-2366 status
-If you have accepted the Montgomery GI Bill on your DD-2366, ensure that the $1200 deduction and $600 “buy-up program” was made on your LES
-If you have declined Montgomery GI Bill benefits on your DD-2366 because, like me, you were told that you unable to use the benefits on furthering your education, contest on the basis that you were given “incorrect counseling”. To do this you must go to the “Board of Correction of Naval Records” website at
http://www.public.navy.mil/bupers-npc/career/recordsmanagement/Pages/BCNR.aspx. You then Download, fill out, and submit the DD Form 149 to the Board of Correction of Naval Records with the addresses provided on the form. I have been told that you do not need this on command letterhead. The process can take up to a year to play out, so I recommend doing this ASAP and keeping in touch with the Board to ensure it gets done. After the findings on the DD-2366 have been reversed, go to PSD/education department and initiate process for Montgomery GI Bill
-If you don’t know if you accepted or declined the Montgomery GI Bill on the DD-2366, go to PSD and request it. Then use the appropriate step above.
STEP 2. Get accepted into residency/fellowship.
STEP 3a. If you believe that the MGIB will give you a better payout than the Post-911, sign-up through PSD (VA FORM 22-1990).
STEP 3b. Ensure that your residency/fellowship is registered with the VA for GI Bill benefits. Search using:
http://inquiry.vba.va.gov/weamspub/buildSearchInstitutionCriteria.do. If your program is not listed, you will need to get it registered. The search results will include both the post-911 GI Bill benefit per month, as well as your program’s “certifying official’s” name.
STEP 4. Upon signing your residency/fellowship contract, also have your program’s “certifying official” to complete your paperwork. This paperwork will need to be repeated every year you get your benefits.
STEP 5. Enroll to VA W.A.V.E. website, which tracks your benefits.
https://www.gibill.va.gov/wave/index.do. You will have to visit the website every month and confirm that you still are enrolled to your program. Once you do, you will get your paycheck from the US Treasury about a week later.
How to sign-up for the Post-911 GI Bill
STEP 1. Get accepted into residency/fellowship.
STEP 2a. If you believe that the Post-911 GIB will give you a better payout than the MGIB or not eligible for MGIB, sign-up through PSD (VA FORM 22-1990).
STEP 2b. Ensure that your residency/fellowship is registered with the VA for GI Bill benefits. Search using:
http://inquiry.vba.va.gov/weamspub/buildSearchInstitutionCriteria.do. If your program is not listed, you will need to get it registered. The search results will include both the post-911 GI Bill benefit per month, as well as your program’s “certifying official’s” name.
STEP 3. Upon signing your residency/fellowship contract, also have your program’s “certifying official” to complete your paperwork. This paperwork will need to be repeated every year you get your benefits.
STEP 4. Enroll to VA W.A.V.E. website, which tracks your benefits.
https://www.gibill.va.gov/wave/index.do. You will have to visit the website every month and confirm that you still are enrolled to your program. Once you do, you will get your paycheck from the US Treasury about a week later.
For more details I would recommend going to:
http://www.benefits.va.gov/gibill/
http://whitecoatinvestor.com/using-...ncy-pay-guest-post-military-physician-series/
http://forums.studentdoctor.net/threads/important-info-for-new-accessions-gi-bill.485739/
