Good news for military reservists! The Department of Veterans Affairs (VA) has released updated benefit rates for the Montgomery GI Bill Selected Reserve (MGIB-SR), also known as Chapter 1606. These rates apply from October 1, 2024, through September 30, 2025, and they could help you save big on your education.
Here’s everything you need to know about how much you can receive and how to qualify for this financial boost.
What Are the Monthly Payment Rates for 2025?
Your monthly benefit depends on the type of education program you’re enrolled in and whether you’re attending full-time or part-time. Here’s a breakdown of the maximum monthly amounts:
- For college or university students:
- Full-time: $481 per month
- Three-quarter time: $360 per month
- Half-time: $240 per month
- Less than half-time: $120.25 per month
- For trade or vocational schools:
- Same rates as college students, depending on enrollment status.
- On-the-job training and apprenticeships:
- First six months: $360.75 per month
- Second six months: $264.55 per month
- Remaining training period: $168.35 per month
- Flight and correspondence training:
- You can get up to 60% of the approved training charges.
- Licensing and certification tests:
- The VA will reimburse you up to $2,000 per test, whether you pass or fail.
These payments are designed to help cover tuition, fees, and other educational costs. But remember, these amounts can change yearly, so staying updated is key.
Am I Eligible for Chapter 1606 Benefits?
To qualify, you must meet the following requirements:
- Have a six-year service obligation in the Selected Reserve.
- Complete initial active duty for training (IADT).
- Hold a high school diploma or equivalent before finishing your training.
- Stay in good standing with your Selected Reserve unit.
If you leave the Selected Reserve, your benefits typically end. However, if you’re discharged due to a disability not caused by misconduct, or if you were mobilized, you might be eligible for an extension.
How to Apply for Chapter 1606 Benefits
Here’s how to start receiving your monthly payments:
- Get a Notice of Basic Eligibility (DD Form 2384-1) from your unit.
- Make sure the program or school you’re interested in is approved by the VA.
- Complete and submit VA Form 22-1990 (Application for VA Education Benefits) online or by mail.
- Have your school certify your enrollment and notify the VA.
Once your application is approved, you’ll start receiving your monthly payments to help with your education or training expenses.
Key Takeaways
- Chapter 1606 is a financial lifeline for many reservists pursuing education or training.
- Monthly benefits depend on your enrollment status and the type of program.
- It’s important to stay in good standing with your unit and stay informed on the latest VA rates.
Don’t miss out on this opportunity—if you’re eligible, these benefits can significantly ease the financial burden of pursuing higher education or vocational training. Visit the VA’s official website to apply and get the latest updates on rates and eligibility requirements.
