MONTGOMERY GI BILL-SR (CHAPTER 1606)
INCREASED EDUCATIONAL BENEFIT

EFFECTIVE OCTOBER 1, 2000

 

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, 2000.

Institutional Training
Training Time Monthly rate
Full time $263.00
3/4 time $197.00
1/2 time $131.00
Less than 1/2 time $65.75


Apprenticeship and On-Job Training
Training Period Monthly rate
First six months of training $197.25
Second six months of training $144.65
Remaining pursuit of training $92.05

Correspondence and Flight - Entitlement charged at the rate of one month for each $263.00 paid.

Cooperative - $263.00

Correspondence Payments - 55% of the approved charges

Flight Payments - 60% of the approved charges