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, 2004.
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 by clicking on the Ask a Question and Find
Answers link to the left.
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NEW MONTHLY RATES FOR
PERSONS TRAINING UNDER
THE MONTGOMERY GI BILL - SELECTED RESERVE
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TYPE OF
TRAINING
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FULL TIME
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THREE-QUARTER
TIME
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HALF-TIME
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LESS
THAN
HALF-TIME
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INSTITUTIONAL
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$288.00
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216.00
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$143.00
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$71.75
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COOPERATIVE
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$288.00
(Full Time Only)
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CORRESPONDENCE
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Paid at 55% of the approved charges for the course.
Entitlement Charged At The Rate Of One Month For Each $288.00 Paid.
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APPRENTICESHIP
ON-THE-JOB
TRAINING
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First 6 Months
Second 6 Months
Remainder of Program
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$216.00
$158.40
$100.80
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FLIGHT
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Paid at 60% of the approved charges for the course.
Entitlement Charged At The Rate Of One Month For Each $288.00 Paid.
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