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 | |||
|
Flight |
60 percent of approved charges. | |||
