United States Department of Veterans Affairs
United States Department of Veterans Affairs

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MONTGOMERY GI BILL-SR (CHAPTER 1606)
INCREASED EDUCATIONAL ASSISTANCE ALLOWANCE

EFFECTIVE OCTOBER 1, 2004

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, 2004.


Institutional Training

Training Time

Monthly rate

Full time

$288.00

3/4 time

$216.00

1/2 time

$143.00

Less than 1/2 time

$71.75



Apprenticeship and On-Job Training

Training Period

Monthly rate

First six months of training

$216.00

Second six months of training

$158.40

Remaining pursuit of training

$100.80

Correspondence and Flight - Entitlement charged at the rate of one month for each $288.00 paid.

Cooperative - $288.00

Correspondence Payments - 55% of the approved charges

Flight Payments - 60% of the approved charges