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GI Bill Payment Rates for Active Duty

Each year in October the Montgomery GI Bill payment rates increase to meet the growing cost of education. Although the past years have seen modest increases in the payment rates, this year's 20 percent rate increase has pushed the full-time payment rate to $1,321 a month. This new full-time student payment rate means that many eligible veterans and servicemembers will receive over $47,500 in total benefits. In addition, this year's increase goes into effect in August. Not what your looking for? Return to Military Education Guide.

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Basic Monthly Rates

The following rates are effective August 1, 2008:

Monthly GI Bill Rate for Institutional Training

Training Time

Monthly Rate

Full time

$1321.00

¾ time

$990.75

½ time

$660.50

less than ½ time more than ¼ time

$660.50**

¼ time or less

$330.25**


Correspondence and Flight — Entitlement charged at the rate of one month for each $1,321.00 paid. Cooperative — $1,321.00 ** Tuition and Fees ONLY. Payment cannot exceed the listed amount.

Monthly GI Bill Rate for Apprenticeship and On-The-Job Training

(Effective August 1, 2008 - October 1, 2009)

Training Period

Monthly rate

First six months of training

$990.75

Second six months of training

$726.55

Remaining pursuit of training

$462.35


The following rates apply to those completing an enlistment of
less than three years
.

Institutional Training

Training Time

Monthly rate

Full time

$1073.00

¾ time

$804.75

½ time

$536.50

Less than ½ time more than ¼ time

$536.50**

¼ time or less

$268.25**

Apprenticeship and On-The-Job Training

(Effective August 1, 2008 - October 1, 2009)

Training Period

Monthly rate

First six months of training

$804.75

Second six months of training

$590.15

Remaining pursuit of training

$375.55


Basic Institutional Rates for persons with remaining entitlement under Chapter 34 of Title 38, U.S.C. Chapter 30 Category II rates effective Aug. 1, 2008.

Training Time

Monthly Rate

Number of Dependants

No Dependents

One Dependent

Two Dependents

Each additional dependent

Full time

$1,509.00

$1,545.00

$1,576.00

$16.00

¾ time

$ 1,132.25

$ 1,158.75

$ 1,182.25

$12.00

½ time

$ 745.50

$ 772.50

$ 788.00

$ 8.50

Less than ½ time, more than ¼

$745.50** No Dependants

¼ time or less

$377.25** No Dependants

Correspondence and Flight - Entitlement charged at the rate of one month for each $1073 paid. Cooperative — $1073 ** Tuition and Fees ONLY. Payment cannot exceed the listed amount.

Apprenticeship and On-The-Job Training

(Effective August 1, 2008 - October 1, 2009)

Training Period

Monthly rate

Number of Dependants

No Dependents

One Dependent

Two Dependents

Each additional dependent

1st six months

$1,093.50

$1,105.88

$1,116.75

$5.25

2nd six months

$782.93

$792.28

$799.98

$3.85

3rd six months

$486.15

$492.28

$497.00

$2.45

Remaining pursuit of program

$474.25

$480.03

$485.28

$2.45

Cooperative Course

Training Period

Monthly Rates

Number of Dependants

No Dependents

One Dependent

Two Dependents

Each additional dependent

Oct. 1, 2007 Sept. 30, 2008

$1,509.00

$1,545.00

$1,576.00

$16.00


Correspondence — 55 percent of the approved charges Flight — 60 percent of the approved charges ** Tuition and Fees ONLY. Payment cannot exceed the listed amount.

 

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