Veterans Educational Assistance Program (VEAP) (Chapter 32)
Veterans Educational Assistance Program (VEAP)
VEAP is available if you first entered active duty between January 1, 1977 and June
30, 1985 and you elected to make contributions from your military pay to participate
in this education benefit program. Your contributions are matched on a $2 for $1
basis by the Government. This benefit may be used for degree and certificate
programs, flight training, apprenticeship/on-the-job training and correspondence
courses. Remedial, deficiency, and refresher courses may be approved under certain
circumstances.
If you wish to withdraw your contributions from VEAP, obtain and complete VA Form
24-5281, Application for Refund of Educational Contributions, and send it to your
nearest VA regional office.
What is VEAP?
VEAP is available if you elected to make contributions from your military pay to
participate in this education benefit program. Your contributions are matched on a $2
for $1 basis by the Government. You may use these benefits for degree, certificate,
correspondence, apprenticeship/on-the-job training programs, and vocational flight
training programs. In certain circumstances, remedial, deficiency, and refresher
training may also be available. Benefit entitlement is 1 to 36 months depending on
the number of monthly contributions. You have 10 years from your release from active
duty to use VEAP benefits. If there is entitlement not used after the 10-year period,
your portion remaining in the fund will be automatically refunded.
Who is Eligible?
To qualify, you must meet the following requirements:
- Entered service for the first time between January 1, 1977, and June 30, 1985;
- Opened a contribution account before April 1, 1987;
- Voluntarily contributed from $25 to $2700;
- Completed your first period of service; and
- Were discharged or released from service under conditions other than dishonorable.
If you are currently on active duty and wish to receive VEAP benefits, you must have
at least 3 months of contributions available.
Contributions may be withdrawn if you do not meet the basic eligibility requirements
or if you formally request a refund of the contributions withheld.
How do I Get More Information?
Contact your local VA Regional Office at 1-888-GI-BILL-1 (1-888-442-4551) or see
www.gibill.va.gov/pamphlets/CH32/CH32_Pamphlet.pdf
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