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

EFFECTIVE OCTOBER 1, 2002

 

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, 2002.

Institutional Training
Training Time Monthly rate
Full time $276.00
3/4 time $207.00
1/2 time $137.00
Less than 1/2 time $69.00


Apprenticeship and On-the-Job Training
Training Period Monthly rate
First six months of training $207.00
Second six months of training $151.80
Remaining pursuit of training $96.60

Correspondence and Flight - Entitlement charged at the rate of one month for each $276.00 paid.

Cooperative - $276.00

Correspondence Payments - 55% of the approved charges

Flight Payments - 60% of the approved charges