GI Bill Payment Rates Set to Increase

Each year the Dept. Of Veterans Affairs adjusts the monthly payment rate for the Montgomery GI Bill. The VA announced that the maximum monthly payment rate for full-time students will be increased about 3 percent – from of $1426 to $1473 – on Oct. 1, 2011. This payment rate automatically adjusts for inflation on the first of October each year. You get current payment rate no matter when you became eligible or begin using it. The first payment at the new rate will be sent on or about November 1.

View all of the FY 2012 MGIB payment rates.

The rates will also increase for the MGIB for Selected Reserve (MGIB-SR), Reserve Education Assistance Program (REAP), and On-the-Job-Training.

This increase in rates does not include any Post-9/11 GI Bill specific benefits. However, the p911 GI Bill will soon pay up to $673 a month for housing/living expenses for online learners – effective Oct. 1.

Learn more about each of the GI Bill education programs.

About the Author

Terry Howell
Before becoming the Managing Editor for, Terry served 20 years in the U.S. Coast Guard as an Aviation Electrician’s Mate and aircrewman. In his final role in the Coast Guard, Terry served as a Career Development Advisor, where he provided career, finance, education, and benefits counseling to servicemembers and their families. Since retiring from the Coast Guard, Terry has authored the book, The Military Advantage, managed the content for TurboTap, the DoD's online transition program and VAforVets, the VA's transition assistance website. Terry earned both his Bachelor's and MBA at Corban University using Military Tuition Assistance and his GI Bill benefits to help cover the cost.
  • Sheldon

    So they come up with the funds to raise the G.I. Bill monthly payment by refusing to give those on S.S. a raise for the last 2 years? Robbing Peter to pay Paul never works, but it happens everyday.
    My wife and I are both disabled and can BARELY pay our rent, and it’s going up again!
    Don’t get me wrong, the GI Bill is a wonderful thing and has helped thousands of our veterans and their families. But I can’t see depriving anyone. There’s enough money to go around for everybody if the Gov’t would just manage it correctly!

    • cath

      If I do reach Social Security age, there won’t be any!!! I’m a RETIRED disabled veteran and I deserve every penny of the GI BILL. I’ve worked close to 40 years straight.

    • S.S. is a social program paid for with taxes. GI Bill is a education program paid for with contributions from military personal. You are comparing apples to M&M’s…..

      • chris

        Well said.

    • iraq vet

      stop the bitching bitch, and get a education

  • wendy

    There is no robbing Peter to pay Paul when it comes to the GO bill. The veterans that use this benefit have to pay $1200 when they enter military service to be eligible for it.

    • cam

      Actually… it is. Considering the 1200 gets you 51K or more of benefits to EVERY solider (including myself) that paid into it. Thats almost 43 times the amount invested. So where else would that multiplied amount come from? Taxes…like everything else.
      Currently the US government receives upwards of 2 trillion in taxes yet they need to keep borrowing to fix all their pork barrel problems.

  • Tom

    I also think this nation needs a class on debt management. We need to take care of our own before we start pouring money to other countrys. I know its all messed up right now, but by the time I retire most likely Social Security will not be there, and I’m paying for it now. Not to mention the people who are abusing the system and stealing from people who need it. But the GI Bill needs it support, I gave 8 years of my life for an education. I have 2 screawed up knees now. I could sit back and whine and try for disability but I have insisted to work full time, go to school full time, and take care of my family. Im glad I get to better my life, but I made a sacrifice for it. And thank you all for supporting your veterans.

    • Diane

      Thank you for your service. Keep track of what you use because you may have some left over for your children. My husband served 24 years and got a bachelors and master’s degree and still had 7 months to transfer to our daughter’s college.

  • Tom

    I also think the S.S. program needs to conduct more fraud investigations on recipients. They are the people stealing, don’t blame your veterans and service members. If it wasn’t for people will to give their life you wouldn’t have the S.S. system. So tell your government to investigate the thieves. And I hope drug testing becomes mandatory for well fare as well. Hell I drug tested to get my job.

    • Cath

      RIGHT ON TOM!!! Why the heck aren’t welfare people checked for drug use? Discrimnation? Okay, for those that don’t have a job…..check the one’s who say they are looking for a job…..

  • Ron Powell

    My wife has been out of work for the last year and a half and if hadnt been for that Post 9/11 money we would be living in a box under a bridge somewhere. That money saved my our lives and I will be getting my bachelors and Masters degrees because of the 22 years I gave to our country. There is enough money to go around they froze my wages for two years I work for the government.

  • mary

    Wow…all I hear is complaints…which is what makes this country what it is today…a bunch of whiners….

    If you are on disability…go to school online….

    So we got a $50/mnth raise…but did you not hear that Obama cut our break pay? That means even though I’m in medical school thanks to the GI bill and taking 16 credits a quarter we no longer get paid for any time we’re not” physically” in school….christmas break (yeah that’s right I said christmas ;), spring break, thanksgiving break etc. So for instance our summer break is from Aug 14th to Sept 20th and will not be getting gi bill money for that break….you can have the raise if you give us our break pay back…hahahhahaha

    We have it SO MUCH better than so many other countries! However, I think the key to making this country better is to turn off all the shit that is flooded at us every day, if you’re watching something and the head news story is kim kardashian’s wedding and NOT that this is the HIGHEST death toll for our soldiers since the war STARTED in 2002 SHUT IT OFF!!!!!!!!! Did you even know that????

    Great americans need to have empathy for OTHER people’s positions not just say” why are YOU complaining? MY situation is WAY worse than yours” because we don’t know….each situation is bad for that person and that’s what we need to care about….say” i’m sorry you’re having to go through that, I dont know you but i wish I could give you a great big hug”…..the power of a hug is amazing…you should try it…..

    I’m sorry if this sounds preachy but I am sad for this country

    SGT Price

    US navy/Army Veteran

    Abu Ghraib, Iraq

    • Guest

      Way to go Price.

    • guest

      Yeah it’s the veterans that are whiny that have ruined this country………….

      • Asshole

        **** you 4 saying shot about veterans you piece of ****! I have a fried brain because my squad needed me, and I still go to school even though I barely passed a 4th grade math cl*** @ school, when I used 2 be a genius at math, so I just have to work my *** off 10x harder than the people around me, and I do not want a welfare check, it’s up 2 the individual if they want to strive for a better life are sit at home and grow old in a trailer park

      • Asshole

        You will get yours for talking bad about veterans you piece of ****! I have a fried brain because my squad needed me, and I still go to school even though I barely passed a 4th grade math cl*** @ school, when I used 2 be a genius at math, so I just have to work my *** off 10x harder than the people around me, and I do not want a welfare check, it’s up 2 the individual if they want to strive for a better life are sit at home and grow old in a trailer park

  • Rafael

    I got out of the military in 2008, after serving 7yrs. My GI Bill expires dec 2012, honestly I don’t care about the increase because we are lucky to have this to help us transition into the civilian life. Without this GI bill, I don’t know how I would make it paying child support for 2 and making only $10/hr. What they need to raise is disability, I get 20%, for a messed up ankle and wrist, $243/mth, and I can’t afford insurance, and I don’t see why they make it so hard for alot of vets to get disability. The system is jacked up.I only sacrificed 7yrs and missed my little ones walk and talk, that’s nothing compared to what retiree’s have missed. We are not being helped much…That’s all to it…

  • Mike

    I feel all of your pains and sufferings fellow Veterans. I recently left the service to pursue my dreams. But, like many of you, I encountered various barriers as well. The only thing we need to put our energy in is self reliance.

  • Loey

    well all I know is that when Bush was my boss the military and the veteran were well taken care. No one day that I served I cut off in my obligations, I gave 100% on a ship, waking up at 5am going to sleep at 4 am standing watch to make sure our country was safe, not at one moment did I said,” well this month I am not going to serve” . I think if someone left behind his or her family to give his or her life for the country, then the country should treat us with respect and honor

    • ITs done

      Bush, R U serious. You must be a die hard Repub. Bush and his Vice P took care of themselve. He’s the reason why so many of this country’s young people will live to enjoy life let alone a GI Bill payment, a class that’s paid for, or any of the other things you can find to complain about. So tell that bull to one of the manu families who will never have grandchildren because their child took the deadly blast of a bomb while defending this bull s*** war that your Bush started and didn’t finish. This country is in critical conditions because of Bush or are you living so far up his ass that you’re not aware of that Sailor. Or do you have water for brains? For real what’s your deal. Get the water out your eyes, stop looking just at the horizon, and look around. You are definitely not living in the same country withthe rest of us. Jack ass.

      • JJS

        Amen Its done

  • Congtranphi

    Would you please let me know :
    I used to be an Air man of Vietnam Air Force from June 1969 until April 1975 .
    In Oct 1970 I was in Lack land AFB Texas for English training and Lockbourn AFB Ohio for Technical training ( 23 weeks ) . In 1972 In Williams AFB Arizona for F5E Weapon control systems technician training . After April 1975 . until now , everything has changed .
    So, can I have some privilege from GI bill program ?

  • Tracie

    I’m a proud mother of a Soldier with the US Army who is currently working towards a college degree in Criminal Justice. I am more than happy to give up my social security for him and those that have served before him. The sacrifice that those men and women have made for us is worth more than what we could ever pay them. I have so many generations of men in my family who thought nothing of them self but made such a selfless decision to serve our country so that we may live the life that we have chosen. I again would give up a lot more than what I have given to pay them back. Our Soldiers are forced to make decisions everyday for us that include taking time away from their families and friends, so again I am willing to pay the price and if I need to work longer hours in a day I will do that! Remember that someone else in this world is always worse than us and we all must be thankful for what we do have.

  • DebBorawski

    Please help me friends. I am a military spouse of an active duty soldier. My husband used the GI BILL back in 2000. Recently it has gone up. If it goes up and we used it up in 2003 for we get more or once it is used up we don’t get anymore? He wanted to continue his education. It was only 12,000. they paid then and now it is 54 Grand?
    ALSO, If we got back into the military from Airforce to Army do we get the post 9-11 too or do you only get one or the other? I can not find it anywhere to do research on this question.
    ALSO, If we do get the 9-11 can my husband choose to give that to our son for school, even after he got the GI bill in the past?
    So many questions!

    • tdhowell

      Your husband had 36 months of MGIB. Once a month is used, it is gone. You do not get paid the difference when the rate increases. There are situations in which your husband may qualify for the Post-9/11, but he would only get a small portion based on previous MGIB use and possibly 12 months of Post-9/11 based on a separate enlistment. Visit or call the VA at 888-GIBILL-1 for more information.

  • Lizzy

    I’m a vet spouse, ITs been a year since my husband got out.And we have encounter nothing but bull from the vet department, notincluding the bad economyin this country. I feel for every in a bad position but if uou look you will find help.. I thank the goverment for the gibill if it wasnt for that our whole family would be on the street.. Be thankful for what you do have and stop ******** for what you dont.. Be productive if your not working volunter. There is plenty of vet places that need volunters.

  • carmen

    My husband is a retired Vet., I would like to use his GI Bill, and I can’t. I feel changes should be made so that I can go to College on his GI Bill, my husband did 20 years.

  • John

    I couldn’t afford gas for travel and to pay the electric bill, so I had to drop out of school and look for work. VA now wants me to pay back the last month, even though I attended class until the end. I wish I never participated in the GI Bill. They wouldn’t even give me the boost that I had paid additional for. I even had all the correct paperwork. The GI Bill wasted my time and put me into debt. I HATE THE VA.