This Week's GI Bill Update

MGIB Rates Increased - The VA released the Montgomery GI Bill payment rates for the 2009-2010 academic year. The rates will be increased by less than 4 percent - growing from $1321 a month for a full time student to $1368 - on October 1, 2009.
Updated Post-9/11 GI Bill Tuition Rates - VA has updated the Tuition and Fee rates. Students attending school in Massachusetts will now get up to $330 per credit hour. This has been increased from $71.
VA Workload Backlog - The VA's backlog of GI Bill "work items," which includes over 65,000 unprocessed Post-9/11 GI Bill claims, grew to over 276,000 this week.  Some vets are reporting they have been told to expect up to 20 week delays.
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