VA Raises GI Bill Payment Rates

The Department of Veterans Affairs has announced that the Montgomery GI Bill will soon be increased by 20 percent -- a total increase of nearly $220 a month increase over last year's rate. The full-time student payment rate of $1,321 multiplied by the 36-month brings the GI Bill to over $47,500. If you are GI Bill eligible and have benefits remaining, you get this increase no matter when you became eligible or begin using it.

Read more on Military.com.

Email this page | Subscribe to Benefits Update |