Interesting Facts About GI Bill Benefits
From Veterans Benefits
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Interesting Facts About GI Bill Benefits
1. V. A. education benefits are not taxable.
2. Payments are prorated for the actual period (to the day) that you are enrolled. (Example: Start classes August 25--your August check will be for 6 days, not the full monthly rate.)
3. Education benefits normally will not be terminated during any semester because your entitlement runs out. If you have one day of entitlement remaining at the beginning of a semester, the V. A. will pay you through the end of that semester, provided you are within the ten-year period.
4. It normally takes three-six weeks for any changes in course work, dependent status, or address change to be reflected in your benefits check.
5. Attendance only will not qualify you for veteran benefits. A veteran must be doing satisfactory work in all classes in order to receive benefits.
6. Associate Degree students in their last semester before graduation can add elective credits to their credit load to become eligible for a higher benefit rate. (Example: A student who needs only six credits to graduate in May may add six additional credits to become eligible for full-time V. A. benefits.)
7. Vets may call toll-free to V.A. Regional Office if they have questions concerning V.A. Vets may call 1-800-827-1000 for questions regarding other VA benefits.
8. With the exception of an advance pay, the payment received on the first of the month is payment for the previous month. (Example: April 1 check is for March 1-31.)
General information for new and prospective Vets
Changing Programs
Ordinarily, a veteran can change program objectives once with no questions asked; a second change of program requires V.A. counseling and/or other substantiating materials. See a vet counselor for the law on program changes.
Help
If you are having academic or other problems, please contact your vet counselor or program counselor for assistance. Don't wait until the end of the semester when it may be too late.
