Each year the Department of Veterans Affairs readjusts the GI Bill Basic Payment rate to reflect the increased cost of education tuition and other expenses associated with pursuing a college degree.

The rate increase effects all GI Bill benefit programs including Active Duty GI Bill Chapter 30, Reserve GI Bill chapters 1606 and 1607, the GI Bill OJT and Apprenticeship program and the Survivors and Dependents Education Assistance (DEA) program.

The Payment Rate Increases The basic payment rates will increase on October 1st for each program as follows:

1) Active Duty GI Bill will increase from $1004 a month for a full-time student to $1034 a month.

2) Selective Reserve (S.R.) GI Bill will go from $288 a month to $297.

3) Activated Reserve GI Bill is will be up to $827 depending on the length of activation.

4) GI Bill OJT and Apprenticeship program jumps from $753 ($216 for S.R.) to $878.90 ($252.45 for S.R.)

5) The DEA rate increases to $827 a month.

Note: these numbers are based on the 2006 Full-time student rate.