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 |
|
Full time |
$329.00 |
|
3/4 time |
$246.00 |
|
1/2 time |
$163.00 |
|
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
OJT Rates effective October 1, 2008
| Apprenticeship and On-Job Training | |
|---|---|
Training Period |
Monthly rate |
|
First six months of training |
$246.75 |
|
Second six months of training |
$180.95 |
|
Remaining pursuit of training |
$115.15 |