Montgomery GI Bill (MGIB) & Dependent Payments Increase Oct 2021
For Veterans using the Montgomery GI Bill (MGIB), on October 1, 2021, your benefit payments are set to increase by an average of 2.6% over the previous year’s rates.
MGIB Active Duty – Chapter 30
In 2020, the rate for a full-time student was $2,122, while a half-time student received $1061. The new rates for 2021 are $2150 for full-time students, and $1075 for those veterans attending half-time training. That’s an additional $28 and $14, respectively.
View the full 2022 Active Duty MGIB rates. The rates listed above apply to students attending institutes of higher learning. If your training takes another format, review the chart for more information.
MGIB Selected Reserves – Chapter 1606
Beginning 1 October, those full-time student veterans using the MGIB Selected Reserves will see an increase in your monthly benefit to $407, a $10 increase. Half-time students will see their benefits move up to $203.
View the full 2022 Selected Reserve MGIB rates. Again, the rates highlighted above are for students attending colleges or universities. The rate charts will also show other training formats and their respective increases, if any.
Survivors and Dependents Under Chapter 35
For those of you who may be using the Survivors’ and Dependents’ benefits given under Chapter 35, your full-time institutional rate will be $1298 beginning 1 October. That’s a bump of $33 per month. Half-time rates will be $753 per month.
View the full 2022 Chapter 35 chart for survivors and dependents.
MGIB Buy-up & REAP Rates
If you participated in the MGIB $600 Buy-up program, check out the $600 buy-up rate table to see any changes that may apply to your monthly benefit payments.
RELATED: Military Benefits Changes for 2021
If you’re looking for specific information on your current or future rates, or even your eligibility for education benefits, contact the Department of Veterans Affairs by calling 888-GIBILL-1 (888-442-4551), between the hours of 7 a.m. – 6 p.m. Central Time, Monday thru Friday.
If you’re calling from overseas, use 001-918-781-5678 to get connected to a customer service representative.
(Image courtesy of Monkey Business Images via Shutterstock.com)