Chapter 1606 VA Education Benefits Pay Rate Overview

A full-time college student can receive four hundred ninety-three dollars per month through Chapter 1606 benefits. However, that headline figure only tells part of the broader story regarding military education funding.

The benefit, formally known as the Montgomery GI Bill Selected Reserve, is specifically designed for eligible members. Members of the Selected Reserve and the National Guard qualify for these educational assistance programs.

The current payment rates remain active from October 1, 2025, through September 30, 2026. The exact financial amount a recipient receives depends on both the type of education and training.

Furthermore, the total compensation varies based on how much of the curriculum the student is completing.

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