Montgomery G.I. Bill
Montgomery G.I. Bill - FY2009 Payment Rates
 As
a Soldier in the Army or Army Reserve, you can take advantage
of the Montgomery GI Bill and the Army College Fund to pay
for your college education. Depending on how long you enlist with the Army and the job you choose, you can get up to $81,756 to help pay for college. All you have to do is give $100 a month during the first year of service. Monetary amounts differ between Soldiers
on Active Duty and in the Army Reserve.
For a complete understanding of the GI Bill, visit our Education Section for more information.
MONTGOMERY GI BILL (CHAPTER 30) INCREASED EDUCATIONAL ASSISTANCE ALLOWANCE EFFECTIVE August 1, 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 August 1, 2008. The following rates apply to those completing an enlistment of three years or more.:
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 ** |
The following OJT monthly rates are effective August 1, 2008.
|
Apprenticeship and On-Job Training
|
| Training Period |
Monthly rate |
| First six months of training |
$990.75 |
| Second six months of training |
$726.55 |
| Remaining pursuit of training |
$462.35 |
Correspondence and Flight - Entitlement charged at the rate of one month
for each $1321.00 paid.
Cooperative - $1321.00
** 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 |
$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 ** |
The following OJT monthly rates are effective August 1, 2008.
|
Apprenticeship and On-Job Training
|
| Training Period |
Monthly rate |
| First six months of training |
$804.75 |
| Second six months of training |
$590.15 |
| Remaining pursuit of training |
$375.55 |
Correspondence and Flight - Entitlement charged at the rate of one month for each
$1073.00 paid.
Cooperative - $1073.00
** Tuition and Fees ONLY. Payment cannot exceed the listed amount.
|
Basic Institutional Rates for persons
with remaining entitlementunder Chapter 34 of Title
38, U.S.C.Chapter 30 Category II rates effective 08-01-2008.
|
|
Institutional Training
|
| Training Time |
Monthly rate |
| |
No Dependents |
One Dependent |
Two Dependents |
Each additional dependent |
| Full time |
$1509.00 |
$1545.00 |
$1576.00 |
$16.00 |
| ¾ time |
$ 1132.25 |
$ 1158.75 |
$ 1182.25 |
$12.00 |
| ½ time |
$ 754.50 |
$ 772.50 |
$ 788.00 |
$ 8.50 |
| Less than ½ time; |
$ 754.50** |
- |
- |
- |
| Less than ¾ time |
$ 377.25** |
- |
- |
- |
|
Apprenticeship and On-Job Training
|
| Training Period |
Monthly rate |
| |
NoDependents |
OneDependent |
TwoDependents |
Each additional dependent |
| 1st six months of pursuit of program |
$1093.50 |
$1105.88 |
$1116.75 |
$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 |
Correspondence - 55%
of the approved charges
Flight - 60% of the approved charges
** Tuition and Fees ONLY. Payment cannot exceed the listed amount.
Some service members may contribute up to an additional $600 to the GI Bill to receive increased monthly benefits. For an additional $600 contribution, you may receive up to $5400 in additional GI Bill benefits. The increased benefit is only payable after leaving active duty, and the additional contribution must be made while on active duty. For more information contact your personnel or payroll office.
For a complete understanding of the GI Bill, visit our Education Section for more information.
|