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Under the MGIB, full time students receive a dollar amount each month to go to school while the student pays tuition fees. A Veteran earns GI Bill benefits under the Department of Defense resources while serving their country.Generally 15 years following your release from active duty. Benefit Period: Up to 36 months. The surviving spouse, parent or dependent 18 years or older must complete the enrollment process for the TDP Survivor Benefit to take effect.