The Montgomery GI Bill – Selected Reserve is available to
members of the Army Reserve and was enacted in 1985
to encourage membership in the Reserves. To be eligible, reservist
must have a high school diploma or equivalent (GED) and have
a six-year obligation to serve in the Army Reserve
signed after June 30, 1985. No contribution is required.
The MGIB-SR program may be used for degree and certificate
programs, flight training, apprenticeship/on-the-job training
and correspondence courses. Remedial, deficiency, and refresher
courses may be approved under certain circumstances. Your
benefit entitlement ends 10 years from the date of your eligibility
for the program, or on the day you leave the Reserves.
The annual cost of living increase in Educational Assistance
Allowance for trainees under the Montgomery GI Bill - Selected
Reserve (Ch. 1606 of Title 10, U.S.C.) has been approved.
The following monthly rates are effective October 1, 2006.
YOU NEED TAKE NO ACTION. However, if for some reason your
payment for the month of October does not reflect the increased
rate, contact the VA at 1-888-GI-BILL1 (1-888-442-4551).
MGIB-SR Monthly Allowance (As
of October 1, 2007)
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INSTITUTIONAL
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Full-Time
Three-quarter Time
Half-Time
Less Than Half-Time
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$317.00
$237.00
$157.00
$79.25
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COOPERATIVE
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Full-Time Only
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$317.00
|
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CORRESPONDENCE
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Paid at 55% of the approved charges for the course.
Entitlement Charged At The Rate Of One Month For Each
$317.00 Paid.
|
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APPRENTICESHIP
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First 6 Months
Second 6 Months
Remainder of Program
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$269.45
$206.05
$142.65
|
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FLIGHT
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Paid at 60% of the approved charges for the course.
Entitlement Charged At The Rate Of One Month For Each
$269.45 Paid.
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Selected Reserve Montgomery GI Bill "Kicker"
(MGIB-SRK)
Add $100, $200 or $350 a month as an Army Reserve Soldier
to your standard MGIB-SR benefit for up to 36 months, depending
on your selected Army Military Operational Specialty (MOS).
Source: http://www.gibill.va.gov/education/rates.htm
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