Source: National Council on Aging
Chapter 1606 VA Benefits Rates: The Department of Soldiers Affairs (VA) has many programs to help soldiers, such as the Montgomery GI Bill Selected Reserve (MGIB-SR), also known as Chapter 1606.
Chapter 1606 of the VA benefits for soldiers helps them live better by teaching them about careers and giving them new skills. To sign up, you can either go to your local VA Regional Processing Office and fill out the forms or apply online.
The program gives you different levels of benefits based on the type of education or training you get and the amount of classes you take while you are training on the job.
If you are in an apprenticeship program, taking fewer courses than what the VA considers full-time, working fewer hours per week, or receiving on-the-job training, your monthly premium may go down.
The following are the current scholarship amounts for Chapter 1606:
Both programs charge for the entire enrollment month. For those who joined the program after the month began, the VA will reimburse you for the days attended. If the course starts on the 16th, you’ll get paid for the remaining 15 days.
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It is important to note that you need to have worked at least 120 hours per month to be eligible for full remuneration.
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