Montgomery GI Bill (Chapter 30) Increased Educational Assistance Allowance
FY2008 Educational Assistance Allowance for trainees under the Montgomery GI Bill - Active Duty (Ch. 30 of title 38 U.S.C.).
FY 2008 Educational Assistance Allowance for trainees under the Montgomery GI Bill - Active Duty (Ch. 30 of title 38 U.S.C.). The following basic monthly rates are effective October 1, 2007.
For trainees on active duty, payment is limited to reimbursement of tuition and fees for the training taken.
The following rates apply to those completing an enlistment of three years or more:
Institutional Training
| Training Time | Monthly Rate
|
|---|
| Full time | $1,101.00 |
| ¾ time | $825.75 |
| ½ time | $550.50 |
| Less than ½ time, more than ¼ time | $550.50** |
| ¼ time or less | $275.25** |
OJT Rates effective October 1, 2007 – December 31, 2007
| Training Period | Monthly Rate
|
|---|
| First six months of training | $935.85 |
| Second six months of training | $715.65 |
| Remaining pursuit of training | $495.45 |
OJT Rates effective January 1, 2008
| Training Period | Monthly Rate
|
|---|
| First six months of training | $825.75 |
| Second six months of training | $605.55 |
| Remaining pursuit of training | $385.35 |
Correspondence and Flight - Entitlement charged at the rate of one month for each $1, 101.00
Cooperative - $1,101.00
**Tuition and Fees ONLY. Payment cannot exceed the listed amount.
The following rates apply to those completing an enlistment of less than three years.
Institutional Training
| Training Time | Monthly Rate
|
|---|
| Full time | $894.00 |
| ¾ time | $670.50 |
| ½ time | $447.00 |
| Less than ½ time, more than ¼ time | $447.00** |
| ¼ time or less | $223.50** |
OJT Rates effective October 1, 2007 – December 31, 2007
| Training Period | Monthly Rate
|
|---|
| First six months of training | $759.90 |
| Second six months of training | $581.10 |
| Remaining pursuit of training | $402.30 |
OJT Rates effective January 1, 2008
| Training Period | Monthly Rate
|
|---|
| First six months of training | $670.50 |
| Second six months of training | $491.70 |
| Remaining pursuit of training | $312.90 |
Correspondence and Flight - Entitlement charged at the rate of one month for each $894.00 paid.
Cooperative - $894.00
** Tuition and Fees ONLY. Payment cannot exceed the listed amount.
Basic Institutional Rates for persons with remaining entitlement under Chapter 34 of Title 38, U.S.C. Chapter 30 Category II rates effective 10-01-2007.
Institutional Training
| Training Time | Monthly Rate
|
|---|
| | No Dependents | One Dependent | Two dependents | Each Additional Dependent |
| Full time | $1,289.00 | $1,325.00 | $1,356.00 | $16.00 |
| ¾ time | $967.25 | $993.75 | $1.017.25 | $12.00 |
| ½ time | $644.50 | $662.50 | 678.00 | $8.50 |
| Less than ½ time, more than ¼ time | $644.50** |
| ¼ time or less | $322.25** |
Cooperative Course
| Training Period | Monthly Rate
|
|---|
| | No Dependents | One Dependent | Two dependents | Each Additional Dependent |
| October 1, 2007 - September 30, 2008 | $1289.00 | $1325.00 | $1356.00 | $16.00 |
Correspondence - 55% of the approved charges
Flight - 60% of the approved charges
**Tuition and fees ONLY. Payment cannot exceed the listed amount.
OJT Rates effective October 1, 2007 - December 31, 2007
| Training Period | Monthly Rate
|
|---|
| | No Dependents | One Dependent | Two dependents | Each Additional Dependent |
| 1st six months of pursuit of program | $1,052.30 | $1,066.33 | $1,078.65 | $5.95 |
| 2nd six months | $782.28 | $793.33 | $802.43 | $4.55 |
| 3rd six months | $526.05 | $533.93 | 540.00 | $3.15 |
| Remaining pursuit of program | $510.75 | $518.18 | $524.93 | $3.15 |
OJT Rates effective January 1, 2008
| Training Period | Monthly Rate
|
|---|
| | No Dependents | One Dependent | Two dependents | Each Additional Dependent |
| 1st six months of pursuit of program | $928.50 | $940.88 | $951.75 | $5.25 |
| 2nd six months | $661.93 | $671.28 | $678.98 | $3.85 |
| 3rd six months | $409.15 | $415.28 | 420.00 | $2.45 |
| Remaining pursuit of program | $397.25 | $403.03 | $408.28 | $2.45 |
Source: http://www.gibill.va.gov/GI_Bill_Info/rates.htm
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