Past rates: 2023-24 mgib-sr | veterans affairs
Past rates: 2023-24 mgib-sr | veterans affairs"
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CURRENT MGIB-SR RATES EFFECTIVE OCTOBER 1, 2023 The MGIB-SR rates listed here are for October 1, 2023, to September 30, 2024. We’ll make the payments directly to you. FOR INSTITUTIONS OF
HIGHER LEARNING These monthly rates are for courses at colleges and universities. The amounts listed here are for a full month of enrollment. We’ll pay you a percentage of the full month’s
rate based on the number of days that you’re enrolled in the month. We call this a prorated payment. For example, if your school starts on the 20th, you would get a payment for 10 days of
enrollment that month. Your payment would be 1/3 of the monthly rate. We’ll pay you up to the rate listed here based on how many courses you’re taking: * FULL-TIME ENROLLMENT: $466.00 for
each full month * 3/4-TIME ENROLLMENT: $349.00 for each full month * 1/2-TIME ENROLLMENT: $233.00 for each full month * LESS THAN 1/2-TIME ENROLLMENT: $116.50 for each full month Learn more
about getting an undergraduate or graduate degree FOR NON-COLLEGE DEGREE PROGRAMS These monthly rates are for trade and vocational schools. The amounts listed here are for a full month of
enrollment. We’ll pay you a percentage of the full month’s rate based on the number of days that you’re enrolled in the month. We call this a prorated payment. For example, if your school
starts on the 20th, you would get a payment for 10 days of enrollment that month. Your payment would be 1/3 of the monthly rate. We’ll pay you up to the monthly rate listed here based on
your scheduled clock hours per week: * FULL-TIME ENROLLMENT: $466.00 for each full month * 3/4-TIME ENROLLMENT: $349.00 for each full month * 1/2-TIME ENROLLMENT: $233.00 for each full
month * LESS THAN 1/2-TIME ENROLLMENT: $116.50 for each full month Learn more about non-college degree programs FOR ON-THE-JOB TRAINING AND APPRENTICESHIPS This is how much we’ll pay you
each month based on how far along you are in your training: * MONTHS 1 TO 6: $349.50 for each full month * MONTHS 7 TO 12: $256.30 for each full month * AFTER THE FIRST YEAR: $163.10 for
each full month NOTE: To get the full amount listed here, you must have worked at least 120 hours each month. As your payments go down, your entitlement charges also go down. Learn more
about on-the-job training and apprenticeships FOR CORRESPONDENCE TRAINING We’ll pay 55% of the established cost for the number of lessons you complete by mail, online, or in some other way.
You’ll need to submit completed lessons to get these payments. Every $466 that we pay will be equal to 1 month of MGIB-SR benefits. Learn more about correspondence training FOR FLIGHT
TRAINING We’ll pay for 60% of the approved charges for flight training. Every $466 that we pay will be equal to 1 month of MGIB-SR benefits. Learn more about flight training
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