Each year in October the Montgomery GI Bill payment rates increase to meet the growing cost of education. Although the past years have seen modest increases in the payment rates, this year's 20% rate increase has pushed the full-time payment rate to $1,321 a month. This new full-time student payment rate means that many eligible veterans and servicemembers will receive over $47,500 in total benefits. In addition, this year's increase goes into effect on August 1st.
Take advantage of your benefits and don't pay for classes. Take the first step and find Military Friendly schools that can offer you college credit for service and flexible schedules. Search for schools now.
TRICARE | Military Pay | Discounts | GI Bill Calculator | Military Transition
New 2008 GI Bill Payment Rates
Week of July 14, 2008
Current Issue
- TRICARE Troubles Loom
- 'Ticking Bomb' View of Veterans Erroneous
- Rideshares Sought in Northern Virginia
- $250k Protection for $18.15 a Month
- Earned Income Tax Credit
- Send Valentines to Veterans
- TRICARE Helps Transition
- Top 15 High-paying Jobs for Vets
- Benefit Calculator: Benefits in One Place
- Post 9-11 GI Bill Changes Now in Effect
- Use Social Media Responsibility
- Deal of the Week: Banana Republic
- Army Band to Celebrate Anniversary
- AF Changes Family Care Plans
- AF Seeks Video Submissions
- Army Field Band Performance Schedule
- Army's Best Sapper Award
- Free Foreclosure Reviews
- Sailors Should Review Records Online
- Navy to Dump BCG Eyeglasses
- AF Reinstates PFT Rules
- Army Adds Newsroom to App
- Army TAP Process to Start Earlier
- Navy Offers Early Retirement
- Support for Sexual Assault Victims
- Family Support Tied to BAH
- Join Us: Military Spouse Summit
- Homebuying Myth: Renting Less Expensive
- $200k Protection for $14.52 a Month
- AF O-6 Promotions Announced
- AF Employee Leadership School
- College Credit for Marines
- African-American History Month
- Deal of the Week: KinderCare
- VA Loan Facts for 2012
- Consumer Financial Protection
- Navy Lodge North Island Opens
- Navy's New Tuition Assistance Policies
- New Website for Military Kids
- Sailors Reminded to Designate Benefits
- Top 35 Veteran Employers
- State Veterans Benefits Directory
- Traveling With TRICARE Prime
- 'Navy Week' Schedule Announced
- Army's World-Class Athletes
- College Credit for Sailors
- Corps of Engineers Offers Internships
- Cold War Satellites on Display
- VA Eyes Paperless Claims
- Vets Sought in Kansas, Nebraska
- VA Home Loan Program
- Report Looks at PTSD TBI Programs
- Navy Equal Opportunity Symposium
- Navy Updates High-Year Tenure
- Separation Pay for Sailors
- Join Us at the Spouse Summit March 2-3
- Veterans Benefit Calculator

