National Guard GI Bill Payment Rates

The 2007-2008 National Guard GI Bill Payment Rates. The Department of Veterans Affairs has released the fiscal year 2008 payment rates which go into effect on October 1, 2007.

Each year in October the GI Bill payment rates increase to meet the growing cost of education. Although the past years have seen larger increases in the payment rates, this year's modest rate increase has pushed the full-time payment rate to over a $317 a month. These rates are effective October 1, 2007.

Type of Training

Full Time

Three-Quarter Time

Half-Time

Less Than Half-Time

Institutional

$317.00

$237.00

$157.00

$79.25

Cooperative

$317 (full time only)

Correspondence

Paid at 55 percent of the approved charges for the course. Entitlement charged at the rate of one month for
each $317.00 paid

Apprenticeship/On-the-Job Training

First six months $237.75
Second six months $174.35
Remainder of program $110.95

Flight

Entitlement charged at the rate of one month for
each $317 paid.

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