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.
VA Raises GI Bill Payment Rates
Week of July 07, 2008
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