Selected Reserve GI Bill Payment Rates

August 2014 Update: Basic monthly payment rates for trainees under the Montgomery GI Bill - Selected Reserve (Ch. 1606 of Title 10, U.S.C.) will be updated. The following monthly rates are effective October 1, 2014.

Institutional Training
Training Time Monthly rate
Full time $367.00
3/4 time $274.00
1/2 time $182.00
Less than 1/2 time $91.75


Apprenticeship and On-the-Job Training  
Training Period Monthly rate
First six months of training $275.25
Second six months of training $201.85
Remaining pursuit of training $128.45

Correspondence and Flight - Entitlement charged at the rate of one month for each $367.00 paid.

Cooperative - $367.00

Correspondence Payments - 55% of the approved charges

Flight Payments - 60% of the approved charges

Sound Off...What do you think? Join the discussion...

GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government Web site at
© 2015 Military Advantage