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Get more information on the Veterans Benefits Banking Program
 

Education and Training

Montgomery GI Bill-SR (Chapter 1606) Increased Educational Benefit

EFFECTIVE OCTOBER 1, 2009

 

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, 2009.

Institutional Training
Training Time Monthly rate
Full time $333.00
3/4 time $249.00
1/2 time $165.00
Less than 1/2 time $83.25

 

Correspondence and Flight - Entitlement charged at the rate of one month for each $333.00 paid.

Cooperative - $333.00

Correspondence Payments - 55% of the approved charges

Flight Payments - 60% of the approved charges

OJT Rates effective October 1, 2009

Apprenticeship and On-the-Job Training  
Training Period Monthly rate
First six months of training $249.75
Second six months of training $183.15
Remaining pursuit of training $116.55

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