GI Bill Payment Rates for Selected Reserve
Each year in October the GI Bill payment rates increase to meet the growing cost of education. Although the past years have seen larger increases in the payment rates, this year's modest rate increase has pushed the full-time payment rate to over a $329 a month. These rates are effective October 1, 2008. Not what your looking for? Return to Military Education Guide.
Basic Monthly Rates
Full Time
- Institutional
- Cooperative
- Correspondence
- Apprenticeship/On-the-Job First Six Months
- Second Six Months
- Remainder of Program
- Flight
Monthly rate
- $329.00
- $329 (full time only)
- 55 percent of the approved charges for course*
- First six months $246.75
- Second six months $180.95
- Remainder of program $115.15
- 60 percent of approved charges.
*Entitlement charged at the rate of one month for each $329.00 paid
Three-Quarter Time
Type of Training
- Institutional
Monthly rate
- $246.00
Half Time
Type of Training
- Institutional
Monthly rate
- $163.00
Less Than Half Time
Type of Training
- Institutional
Monthly rate
-
$82.25
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