Montgomery gi bill selected reserve (chapter 1606) rates | veterans affairs

Montgomery gi bill selected reserve (chapter 1606) rates | veterans affairs


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CURRENT MGIB-SR RATES EFFECTIVE OCTOBER 1, 2024 The MGIB-SR rates listed here are for October 1, 2024, to September 30, 2025. We’ll make the payments directly to you. FOR INSTITUTIONS OF


HIGHER LEARNING These monthly rates are for courses at colleges and universities. The amounts listed here are for a full month of enrollment. We’ll pay you a percentage of the full month’s


rate based on the number of days that you’re enrolled in the month. We call this a prorated payment. For example, if your school starts on the 20th, you would get a payment for 10 days of


enrollment that month. Your payment would be 1/3 of the monthly rate.  We’ll pay you up to the rate listed here based on how many courses you’re taking: * FULL-TIME ENROLLMENT: $481.00 for


each full month * 3/4-TIME ENROLLMENT: $360.00 for each full month * 1/2-TIME ENROLLMENT: $240.00 for each full month * LESS THAN 1/2-TIME ENROLLMENT: $120.25 for each full month Learn more


about getting an undergraduate or graduate degree FOR NON-COLLEGE DEGREE PROGRAMS These monthly rates are for trade and vocational schools.  The amounts listed here are for a full month of


enrollment. We’ll pay you a percentage of the full month’s rate based on the number of days that you’re enrolled in the month. We call this a prorated payment. For example, if your school


starts on the 20th, you would get a payment for 10 days of enrollment that month. Your payment would be 1/3 of the monthly rate.  We’ll pay you up to the monthly rate listed here based on


your scheduled clock hours per week:  * FULL-TIME ENROLLMENT: $481.00 for each full month * 3/4-TIME ENROLLMENT: $360.00 for each full month * 1/2-TIME ENROLLMENT: $240.00 for each full


month * LESS THAN 1/2-TIME ENROLLMENT: $120.25 for each full month Learn more about non-college degree programs FOR ON-THE-JOB TRAINING AND APPRENTICESHIPS This is how much we’ll pay you


each month based on how far along you are in your training: * MONTHS 1 TO 6: $360.75 for each full month * MONTHS 7 TO 12: $264.55 for each full month * AFTER THE FIRST YEAR: $168.35 for


each full month NOTE: To get the full amount listed here, you must have worked at least 120 hours each month. As your payments go down, your entitlement charges also go down. Learn more


about on-the-job training and apprenticeships FOR CORRESPONDENCE TRAINING We’ll pay 55% of the established cost for the number of lessons you complete by mail, online, or in some other way.


You’ll need to submit completed lessons to get these payments. Every $481.00 that we pay will be equal to 1 month of MGIB-SR benefits.  Learn more about correspondence training FOR FLIGHT


TRAINING We’ll pay for 60% of the approved charges for flight training. Every $481.00 that we pay will be equal to 1 month of MGIB-SR benefits. Learn more about flight training FOR LICENSING


AND CERTIFICATION TEST FEES We’ll pay UP TO $2,000 for qualifying licensing and certification test fees. We’ll charge your entitlement at the rate of 1 month for every $481.00 in fees we


pay for licensing and certification tests. Learn more about licensing and certification tests FOR NATIONAL TEST FEES There’s no limit on how much we’ll reimburse you for national test fees. 


We’ll charge your entitlement at the rate of 1 month for every $481.00 in fees we pay for national tests. Learn more about national tests and prep courses