Chapter 1606 VA Benefits Rates: One thing that all former warriors have in common is the drive to achieve. The Department of Veterans Affairs (VA) has many programs to help with this, such as the Montgomery GI Bill Selected Reserve (MGIB-SR), also known as Chapter 1606.
Chapter 1606 of the VA Act helps soldiers raise their standard of living by teaching them new job skills or career education. You can enrol by going to your local VA Regional Processing Office or going online and filling out the required forms.
The level of benefits from the program depends on what kind of education or training you get and how many hours of training or education you finish. Your weekly benefits may go down if you are in an apprenticeship program, taking fewer classes than full-time, working fewer hours per week, or learning on the job.
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Chapter 1606 VA Benefits Rates: MGIB-SR Charges
The following are the current scholarship amounts for Chapter 1606:
For establishments of higher learning:
- 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
For both kinds of programs, the amounts are for the entire enrollment month. The VA will reimburse you for the number of days you attended if you enrolled in the program after the start of the month. For example, if the lesson starts on the 16th of the month, you will get paid for the last 15 days.
When talking about internships and learning on the job:
- 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
It is important to remember that you must have worked at least 120 hours per month to be qualified for full pay.
Regarding online education:
- 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
If you are taking a course online, through correspondence, or in any format that doesn’t require commuting, the VA will pay you 55% of the standard rate for each type of institution, based on the number of lessons you take each month.
Pursuing an education is a crucial step toward a better life. To make the most of your efforts, be sure to understand the benefits the VA provides before starting any training or course.
