MGIB Education Rates to Increase

The Department of Veterans Affairs has released the new Montgomery G.I. Bill education rates, which become effective on October 1. The full-time education rate for those who participate in the active duty program will increase from $1075.00 per month to $1,101 per month for those who enlist for at least three years of active duty service. Those who have enlisted for a period of active duty for less than three years will see an increase from $873.00 per month to $894.00 per month.

Those participating in the Selected Reserve MGIB program will also see an increase on the 1st of October. SRMGIB education rates will increase from $309.00 per month to $317.00 per month.