The monthly rates for the reserve GI Bill change each October, based on government calculations of higher education costs. You receive different amounts depending on what your "training time" is.
If you are taking undergraduate classes your training time is determined as follows:
For graduate training the VA will pay your benefits based on what the school reports your training time to be. So, if you are taking 3 graduate hours and the school tells the VA that you are considered a full-time student, that is what the VA will pay you.
The monthly rates in the following tables are effective October 1, 2015.
|Training Time||Monthly rate|
|Less than 1/2 time||$92.00|
|Training Period||Monthly rate|
|First six months of training||$276.00|
|Second six months of training||$202.40|
|Remaining pursuit of training||$128.80|
Correspondence and Flight - Entitlement charged at the rate of one month for each $368.00 paid.
Cooperative - $368.00
Correspondence Payments - 55% of the approved charges
Flight Payments - 60% of the approved charges
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