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Welcome to the GI Bill Website
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MONTGOMERY GI BILL-SR (CHAPTER 1606)
INCREASED EDUCATIONAL ASSISTANCE ALLOWANCE
EFFECTIVE OCTOBER 1, 2006
Educational Assistance Allowance for trainees
under the Montgomery GI Bill - Selected Reserve (Ch. 1606 of Title 10, U.S.C.).
The following basic monthly rates are effective October 1, 2006.
| Institutional Training |
Training Time |
Monthly rate |
|
Full time |
$309.00
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3/4 time |
$231.00 |
|
1/2 time |
$153.00 |
|
Less than 1/2 time |
$77.25 |
| Apprenticeship
and On-Job Training |
Training Period |
Monthly rate |
|
First six months of training |
$262.65 |
|
Second six months of training |
$200.85 |
|
Remaining pursuit of training |
$139.05 |
Correspondence and Flight - Entitlement charged
at the rate of one month for each $309.00 paid.
Cooperative - $309.00
Correspondence Payments - 55% of the approved charges
Flight Payments - 60% of the approved charges
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Reviewed/Updated Date:
January 8, 2009
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