What is the maximum monthly benefit amount under the Montgomery GI Bill?

What is the maximum monthly benefit amount under the Montgomery GI Bill?

• A. $1,500
• B. $2,050
• C. $2,600
• D. $3,000

Answer: (B)

The Montgomery GI Bill provides education benefits as a monthly payment, with a cap on how much you can receive each month for full-time training. For full-time study, the maximum monthly amount during the period this item reflects was $2,050. You can receive this benefit for up to 36 months of education benefits in total. So the monthly ceiling is the reason why $2,050 represents the maximum. The other figures either fall below the cap or exceed it, which is why they’re not the maximum.

The Montgomery GI Bill provides education benefits as a monthly payment, with a cap on how much you can receive each month for full-time training. For full-time study, the maximum monthly amount during the period this item reflects was $2,050. You can receive this benefit for up to 36 months of education benefits in total. So the monthly ceiling is the reason why $2,050 represents the maximum. The other figures either fall below the cap or exceed it, which is why they’re not the maximum.