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Montgomery GI Bill-SR (Chapter 1606) Increased Educational Benefit
Education and Training.
Montgomery GI Bill-SR (Chapter 1606) Increased Educational Benefit
Effective October 1, 2020
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, 2020.
Training Time | Monthly rate |
---|---|
Full time | $397.00 |
3/4 time | $297.00 |
1/2 time | $198.00 |
Less than 1/2 time | $99.25 |
Training Period | Monthly rate |
---|---|
First six months of training | $297.75 |
Second six months of training | $218.35 |
Remaining pursuit of training | $138.95 |
Correspondence and Flight - Entitlement charged at the rate of one month for each $397.00 paid.
Cooperative - $397.00
Correspondence Payments - 55% of the approved charges
Flight Payments - 60% of the approved charges