Zero Down Home Loan Eligibility

2021 – 2022 Montgomery GI Bill Rates – How Much is Your MGIB Benefit Worth?

The Montgomery GI Bill (MGIB) is one of the most valuable benefits available to military members and veterans. In many cases, it is worth thousands of dollars in education benefits. If you want to know how much you can earn in MGIB benefits, check out these GI Bill rates tables to find the corresponding monthly…
Advertising Disclosure.

Advertiser Disclosure: Opinions, reviews, analyses & recommendations are the author’s alone. This article may contain links from our advertisers. For more information, please see our Advertising Policy.

The Montgomery GI Bill (MGIB) is one of the most valuable benefits available to military members and veterans. In many cases, it is worth thousands of dollars in education benefits. If you want to know how much you can earn in MGIB benefits, check out these GI Bill rates tables to find the corresponding monthly payments based on your GI Bill program and the educational program you are attending.

Each year, the VA reassesses the cost of tuition and updates the benefits paid to GI Bill recipients. In most cases, the value of the Montgomery GI Bill increases each year based on the Consumer Price Index. We update this information each year to reflect the new GI Bill rates and present the most accurate information we can.

That said, each situation is unique, and this chart should only be used as a reference. You should contact the VA and your educational institution to determine your eligibility and the status of your benefits. Remember – Montgomery GI Bill benefits expire 10 years after your last separation from active duty, so be sure to use them before they do.

Montgomery GI Bill Benefits

The Montgomery GI Bill for active-duty military members (MGIB-AD/Chapter 30) is probably the most-common GI Bill plan, and those are the rates covered in this article. The MGIB is the GI Bill plan military members were given the opportunity to buy into for $1,200 during basic training.

There is another GI Bill plan, the Post 9/11 GI Bill, which is available to military members who served after Sept.11, 2001. The Post 9/11 GI Bill benefits are paid directly to the school or educational institution (more info below).

The MGIB can be used while the member is on active duty or after they separate. However, it is generally better to use tuition-assistance benefits while serving on active duty and save your GI Bill until after you leave military service. The MGIB expires 10 years after the member separates from military service.

Montgomery GI Bill Monthly Rates: 2021-2022

The Montgomery GI Bill offers eligible recipients a monthly stipend while they are attending classes at a qualified training institution. The checks are sent on a monthly basis and are made payable to the student. This allows you to pocket the money if your company is covering your tuition.

Payments to students who are on active-duty status are limited to the reimbursement of tuition and fees. If the service member uses military tuition assistance, the payments are limited to the difference between the tuition assistance and the remaining tuition and fees.

The following payment rates for the Montgomery GI Bill are good for Fiscal Year 2021, or from Oct. 1, 2021, through Sept. 30, 2022:

Montgomery GI Bill Institutional Training Rates

MGIB Institutional Training Rates (Three or More Years of Service)

Institutional Training TimeMonthly GI Bill Rate
Full time$2,150
¾ time$1,612.50
½ time$1,075
Less than ½ time more than ¼ time$1075 (Tuition and fees only)
¼ time or less$537.50 (Tuition and fees only)

MGIB Institutional Training Rates (Fewer Than Three Years of Service)

Rates are given for servicemembers who served 3 years or more on Active Duty. If you served fewer than 3 years:

Institutional Training Time
(Less than Three Years)
Monthly GI Bill Rate
Full Time$1,744
¾ Time$1,308
½ Time$872
Less than ½ time more than ¼ time$872 (Tuition and fees only)
¼ Time or less$436 (Tuition and fees only

MGIB Apprenticeship and On-the-Job-Training Rates

MGIB Rates for Apprenticeships and OJT (Three or More Years of Service)

The MGIB can also be used for apprenticeships and On-Job Training. The following rates cover these types of training:

Apprenticeship and On-Job TrainingMonthly GI Bill Rate
First six months of training$1,612
Second six months of training$1,182.50
Remaining pursuit of training$752.50
  • Correspondence and Flight – Entitlement charged at the rate of one month for each $2,150 paid.
  • Cooperative – $2,150

MGIB Rates for Apprenticeships and OJT (Fewer Than Three Years of Service)

Apprenticeship and On-Job Training
(Less than Three Years)
Monthly GI Bill Rate
First six months of training$1,308
Second six months of training$959.20
Remaining pursuit of training$610.40

Additional notes about these MGIB Rates:

  • Correspondence and Flight – Entitlement charged at the rate of one month for each $1,722.00 paid.
  • Cooperative – $1,722.00

Entitlement Under Chapter 34 of Title 38, U.S.C. Chapter 30 Category II

Some veterans may be eligible for GI Bill benefits under a different category or program. The VA has a Chapter 30 eligibility pamphlet that explains more information on this topic.

Basic institutional rates for persons with remaining entitlement under Chapter 34 of Title 38, U.S.C. Chapter 30 Category II rates effective Oct. 1, 2017.

Institutional Training

Training periodMonthly Rate
No dependentsOne dependentTwo dependentsEach additional dependent
Full time$2,338$2,374$2,405$16
¾ time$1,754$1,780.50$1,804$12
½ time$1,169$1,187$1,202.50$8.50
Less than ½ time more than ¼ time$1,169 (Tuition and fees only)
¼ time or less$584.50 Tuition and fees only)

Apprenticeships & OJT

Training periodMonthly Rate
No dependentsOne dependentTwo dependentsEach additional dependent
First six months of training$1,715.25 $1,727.63 $1,738.50 $5.25
Second six months of training$1,238.88 $1,248.23 $1,255.93 $3.85
Third six months of training$776.30 $782.43 $787.15 $2.45
Remainder of program$764.40 $770.18 $775.43 $2.45

Cooperative Training

Training periodMonthly Rate
No dependentsOne dependentTwo dependentsEach additional dependent
Oct. 1, 2021 - Sept. 30, 2022$2,338$2,374$2,405$16.00
  • Correspondence – 55% of the approved charges
  • Flight – 60% of the approved charges

Montgomery GI Bill Kicker: Add Up to $600 Per Month to Your GI Bill Payment

The Montgomery GI Bill and Reserve educational-assistance program each have a program allowing members to “top up” their GI Bill by buying additional benefits. 

Also called the GI Bill kicker, this plan allows members to buy additional benefits in $20 increments, up to a total of $600. MGIB and REAP recipients will then receive an additional stipend on their monthly GI Bill payment, valued at  one-fourth of the amount they paid into the buy-up program for full-time attendance (rates vary based on full-time or partial-time attendance).

MGIB Kicker Rate Chart

If this amount paidAdd this amount to Full Time paymentAdd this amount to ¾ time paymentAdd this amount to ½ time paymentAdd this amount to less than ½ time but more than ¼ time paymentAdd this amount to ¼ time payment
$20$5.00$3.75$2.50$2.50$1.25
$40$10.00$7.50$5.00$5.00$2.50
$60$15.00$11.25$7.50$7.50$3.75
$80$20.00$15.00$10.00$10.00$5.00
$100$25.00$18.75$12.50$12.50$6.25
$120$30.00$22.50$15.00$15.00$7.50
$140$35.00$26.25$17.50$17.50$8.75
$160$40.00$30.00$20.00$20.00$10.00
$180$45.00$33.75$22.50$22.50$11.25
$200$50.00$37.50$25.00$25.00$12.50
$220$55.00$41.25$27.50$27.50$13.75
$240$60.00$45.00$30.00$30.00$15.00
$260$65.00$48.75$32.50$32.50$16.25
$280$70.00$52.50$35.00$35.00$17.50
$300$75.00$56.25$37.50$37.50$18.75
$320$80.00$60.00$40.00$40.00$20.00
$340$85.00$63.75$42.50$42.50$21.25
$360$90.00$67.50$45.00$45.00$22.50
$380$95.00$71.25$47.50$47.50$23.75
$400$100.00$75.00$50.00$50.00$25.00
$420$105.00$78.75$52.50$52.50$26.25
$440$110.00$82.50$55.00$55.00$27.50
$460$115.00$86.25$57.50$57.50$28.75
$480$120.00$90.00$60.00$60.00$30.00
$500$125.00$93.75$62.50$62.50$31.25
$520$130.00$97.50$65.00$65.00$32.50
$540$135.00$101.25$67.50$67.50$33.75
$560$140.00$105.00$70.00$70.00$35.00
$580$145.00$108.75$72.50$72.50$36.25
$600$150.00$112.50$75.00$75.00$37.50

How Does the VA Charge Your Training Against Your GI Bill Benefits?

The VA will charge you one full day of entitlement for each day of full-time benefits you receive. Entitlement is charged in months and days. Each month is counted as 30 days. If you train part-time, the VA will adjust the entitlement charge according to your training time.

For example, if you receive full-time benefits for 12 months, the charge is 12 months of entitlement. If you receive half-time benefits for 12 months, the charge is six months.

For correspondence, flight training, accelerated payments for high-cost, high technology courses and a test for a license or certification, we determine the entitlement by dividing the amount you were paid by your MGIB monthly rate for full-time training.

Montgomery GI Bill for Reserves

The above listed rates are for members of the active-duty Montgomery GI Bill program (Chapter 30). There are other MGIB programs available to military members, including the Montgomery GI Bill – Selected Reserve (MGIB-SR/Chapter 1606) and the Reserve Educational Assistance Program (REAP/Chapter 1607). You can find the current rates for these programs at the VA website.

Post 9/11 GI Bill Rates

The Post 9/11 GI Bill makes tuition payments directly to the educational institution. Benefits can be used at a variety of higher learning institutions, but rates are capped at the rates of the most-expensive state institution of higher learning (IHL). Click to see current rates. Recipients may be eligible to receive BAH benefits based on the rates of an E-5 with dependents, a book stipend and more. BAH rates are based on the zip code of the school the recipient is attending.

Related information

GI Bill Refunds

Transfer GI Bill Benefits

  • It is also possible to transfer the Post-9/11 GI Bill to family members. You must be enrolled in the Post-9/11 GI Bill and agree to extend your service in the military.
  • This option is only available for the Post-9/11 GI Bill and is not available for the Montgomery GI Bill.
  • You cannot transfer GI Bill benefits once you separate or retire from the military.

Use your GI Bill Benefits

GI Bill benefits don’t last forever. Your MGIB benefits expire 10 years after your last separation from active-duty status. Post 9/11 GI Bill benefits are good for 15 years after you separate. Contact the VA to start using your GI Bill benefits before they expire.

Getting ready to buy a home? Find a trusted VA lender in just a few minutes.

Some VA lenders are tailored for borrowers with weaker credit, while others offer a larger variety of VA loan types. The best way to determine if you are eligible is to start by connecting with a lender. Lenders can pull your Certificate of Eligibility in minutes to see if you meet the basic service requirements and have VA loan entitlement. Additionally, a lender can review your financial information to determine if you meet credit and income guidelines.


Get Instant Access
FREE Weekly Updates! Enter your information to join our mailing list.

Posted In:

About Ryan Guina

Ryan Guina is The Military Wallet's founder. He is a writer, small business owner, and entrepreneur. He served over six years on active duty in the USAF and is a current member of the Illinois Air National Guard.

Ryan started The Military Wallet in 2007 after separating from active duty military service and has been writing about financial, small business, and military benefits topics since then. He also writes about personal finance and investing at Cash Money Life.

Ryan uses Personal Capital to track and manage his finances. Personal Capital is a free software program that allows him to track his net worth, balance his investment portfolio, track his income and expenses, and much more. You can open a free Personal Capital account here.

Featured In: Ryan's writing has been featured in the following publications: Forbes, Military.com, US News & World Report, Yahoo Finance, Reserve & National Guard Magazine (print and online editions), Military Influencer Magazine, Cash Money Life, The Military Guide, USAA, Go Banking Rates, and many other publications.

Reader Interactions

Comments

    Leave A Comment:

    Comments:

    About the comments on this site:

    These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

  1. Megan Wallace says

    I am Active Duty military and I was wondering when do you get the money for the Montgomery GI Bill, I have received the letters in the mail stating the amount that I will receive for the month but I am about a month into class and haven’t relieved the money for the class.

Load More Comments

The Military Wallet is a property of Three Creeks Media. Neither The Military Wallet nor Three Creeks Media are associated with or endorsed by the U.S. Departments of Defense or Veterans Affairs. The content on The Military Wallet is produced by Three Creeks Media, its partners, affiliates and contractors, any opinions or statements on The Military Wallet should not be attributed to the Dept. of Veterans Affairs, the Dept. of Defense or any governmental entity. If you have questions about Veteran programs offered through or by the Dept. of Veterans Affairs, please visit their website at va.gov. The content offered on The Military Wallet is for general informational purposes only and may not be relevant to any consumer’s specific situation, this content should not be construed as legal or financial advice. If you have questions of a specific nature consider consulting a financial professional, accountant or attorney to discuss. References to third-party products, rates and offers may change without notice.

Advertising Notice: The Military Wallet and Three Creeks Media, its parent and affiliate companies, may receive compensation through advertising placements on The Military Wallet; For any rankings or lists on this site, The Military Wallet may receive compensation from the companies being ranked and this compensation may affect how, where and in what order products and companies appear in the rankings and lists. If a ranking or list has a company noted to be a “partner” the indicated company is a corporate affiliate of The Military Wallet. No tables, rankings or lists are fully comprehensive and do not include all companies or available products.

Editorial Disclosure: Editorial content on The Military Wallet may include opinions. Any opinions are those of the author alone, and not those of an advertiser to the site nor of  The Military Wallet.