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MONTGOMERY GI BILL-SR (CHAPTER 1606)
INCREASED EDUCATIONAL ASSISTANCE ALLOWANCE
EFFECTIVE OCTOBER 1, 2008
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, 2008.
| Institutional Training |
Training Time |
Monthly rate |
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Full time |
$329.00
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3/4 time |
$246.00 |
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1/2 time |
$163.00 |
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Less than 1/2 time |
$82.25 |
Correspondence and Flight - Entitlement charged
at the rate of one month for each $329.00 paid.
Cooperative - $329.00
Correspondence Payments - 55% of the approved charges
Flight Payments - 60% of the approved charges
| Apprenticeship
and On-Job Training |
Training Period |
Monthly rate |
|
First six months of training |
$246.75 |
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Second six months of training |
$180.95 |
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Remaining pursuit of training |
$115.15 |
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Reviewed/Updated Date:
May 5, 2009
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