• Home
  • Military Discounts
    • Military & Veteran Discount List
    • Local Military and Veterans Discounts
    • Apple Military Discount
    • Amazon Prime Discounts
    • Veteran & Military Cell Phone Discounts
    • Gym and Health Club Discounts
  • Benefits
    • 10 Veterans Benefits You May Not Know About
    • Five Top Military Spouse Benefits
    • Medal of Honor: Benefits, History and Facts
    • Purple Heart Benefits
    • Veterans Health A to Z
  • Housing & Home Ownership
    • VA Loan Calculator
    • VA Loan Limits by County
    • VA Home Loan Guide
    • 5 Benefits of a VA Loan
    • 2022 BAH Rates
    • BAH Calculator
  • Money & Finance
    • 2022 Military Pay Charts
    • 2022 Defense Budget
    • 2022 Military Pay
    • COLA Watch 2022-2023
    • Military Pay Calculator
    • Military Pay Dates
    • VA Disability Rates
  • Jobs
    • Veteran Friendly Employers
    • Military Spouse Employment Preference
    • Veterans Employment and Training Service (VETS)
    • Security Clearance Jobs After the Military
  • Education
    • Veteran Friendly Colleges
    • Online Colleges with Military Discounts
    • Veteran Friendly Colleges Guide
    • Military Spouse Career Advancement Accounts (MyCAA)
    • Monthly Housing Allowance (MHA) for the GI Bill
    • Forever GI Bill
  • Resources
    • How to Get a Veterans ID Card
    • Veterans ID on Driver’s License or ID Card by State
    • Military ID Cards
    • Military Calendar
    • State Veteran’s Benefits
Home » 2014-2015 Selected Reserve Montgomery GI Bill (MGIB) Rates

2014-2015 Selected Reserve Montgomery GI Bill (MGIB) Rates

by MilitaryBenefits

Montgomery GI Bill-SR (Chapter 1606) rates are effective Oct. 1st, 2014 through Sept. 30th, 2015 and this year’s rates are about a 1.5% increase from the previous year.  Increases occur every year on Oct. 1st and are designed to cover the increased costs of education due to inflation.  Benefits are for up to 36 months.

Educational Assistance Allowance for trainees under the Montgomery GI Bill – Selected Reserve (Ch. 1606 of Title 10, U.S.C.).


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.

Photo by Lance Cpl. Michelle Brinn
Photo by Lance Cpl. Michelle Brinn

Cooperative – $367.00

Correspondence Payments – 55% of the approved charges

» MORE: Veterans Can Buy a Home with $0 Down

Flight Payments – 60% of the approved charges

Source: Department of Veterans Affairs

Related Articles
Montgomery GI Bill (MGIB) Rates Selected Reserve Montgomery GI Bill (MGIB) Rates
$600 Buy-up Rates for Montgomery GI Bill or REAP Military Friendly Colleges Guide

Filed Under: Education

Comments

Military + Veteran Discounts

Want 30+ Mil/Vet discounts to use today? Enter your email for updates and we'll send it!
Name(Required)

VA Home Loans

Popular Articles

2022 VA Disability Rates

2022 Military Pay

Military Pay Calculator

VA Loan Calculator

2022 BAH Rates

Search Veteran.com

Military Benefits Logo

Company

  • About
  • Contact Us
  • Add a Discount
  • Privacy Policy
  • Terms of Use
  • Disclosure
  • Unsubscribe

Quick Links

  • Home
  • Military Discounts
  • Benefits
  • Housing & Ownership
  • Money & Finance
  • Employment
  • Education
  • Resources

Connect With Us

  • facebook
  • instagram
  • pinterest
  • twitter
  • youtube
Copyright © 2022 Three Creeks Media, LLC

Veteran.com is a property of Three Creeks Media. Neither Veteran.com nor Three Creeks Media are associated with or endorsed by the U.S. Departments of Defense or Veterans Affairs. The content on Veteran.com is produced by Three Creeks Media, its partners, affiliates and contractors, any opinions or statements on Veteran.com should not be attributed to the Dept. of Veterans Affairs , the Dept. of Defense or any governmental entity. If you have questions about Veteran programs offered through or by the Dept. of Veterans Affairs, please visit their website at va.gov. The content offered on Veteran.com is for general informational purposes only and may not be relevant to any consumer’s specific situation, this content should not be construed as legal or financial advice. If you have questions of a specific nature consider consulting a financial professional, accountant or attorney to discuss. References to third-party products, rates and offers may change without notice.

Advertising Notice: Veteran.com and Three Creeks Media, its parent and affiliate companies, may receive compensation through advertising placements on Veteran.com; For any rankings or lists on this site, Veteran.com may receive compensation from the companies being ranked and this compensation may affect how, where and in what order products and companies appear in the rankings and lists. If a ranking or list has a company noted to be a “partner” the indicated company is a corporate affiliate of Veteran.com. No tables, rankings or lists are fully comprehensive and do not include all companies or available products.

Editorial Disclosure: Editorial content on Veteran.com may include opinions. Any opinions are those of the author alone, and not those of an advertiser to the site nor of Veteran.com.