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MGIB-SR INCREASED EDUCATIONAL ASSISTANCE ALLOWANCE
The annual cost of living increase in Educational Assistance Allowance for trainees under the Montgomery GI Bill - Selected Reserve (Ch. 1606 of title 10, U.S.C.) has been approved. The following monthly rates are effective October 1, 2001.
YOU NEED TAKE NO ACTION.
However, if for some reason your payment for the month of October does not reflect the increased rate, contact us at 1-888-GI-BILL1 (1-888-442-4551). You can also contact us on the Internet at www.gibill.va.gov. Use the "Ask a Question" link.|
NEW MONTHLY RATES FOR PERSONS TRAINING UNDER |
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TYPE OF |
FULL TIME |
THREE-QUARTER |
HALF-TIME |
LESS |
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|
INSTITUTIONAL |
$272.00 |
$204.00 |
$135.00 |
$68.00 |
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COOPERATIVE |
$272.00 (Full Time Only) |
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|
CORRESPONDENCE |
Entitlement Charged At The Rate Of One Month For Each $272.00 Paid. Paid at for 55% of the approved charges for the course. |
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APPRENTICESHIP ON-THE-JOB TRAINING |
First
6 Months
Second 6 Months Remainder of Program |
$204.00 $149.60 $ 95.20 |
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FLIGHT |
Entitlement Charged At The Rate Of One Month For Each $272.00 Paid. Paid at 60% of the approved charges for the course. |
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Revised Sept 24, 2001