2013 MGIB Payment Rates for National Guard
Each year in October the GI Bill payment rates are adjusted to meet the cost of education. This year's rate increase has pushed the full-time payment rate to $356 a month. These rates effective October 1, 2012.
2012-2013 Montgomery GI Bill for Selective Reserve (MGIB-SR) payments:
| Type of Training |
Full Time |
Three-Quarter Time |
Half-Time |
Less Than Half-Time |
|---|---|---|---|---|
|
Institutional |
$356.00 |
$266.00 |
$176.00 |
$86.25 |
|
Cooperative |
$345 (full time only) |
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|
Correspondence |
Paid at 55 percent of the approved charges for the course. Entitlement charged at the rate of one month for each $345.00 paid |
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|
First six months $267 |
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|
Flight |
60 percent of approved charges. |
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Related Topics |
Montgomery GI Bill |
