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Veterans Educational Assistance Program (VEAP) (Chapter 32)

The following information is located at the Department of Veterans Affairs website at  http://gibill.va.gov/benefits/other_programs/veap.html

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Contributions may be withdrawn if you do not meet the basic eligibility requirements or if you formally request a refund of the contributions withheld.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 Apply?

You can apply by completing VA Form 22-1990, Application for Education Benefits, online at vabenefits.vba.va.gov/vonapp.

How do I Get More Information?

Contact your local VA Regional Office at 1-888-GI-BILL-1 (1-888-442-4551).


FOR MORE INFORMATION:

Click one of the following links:

Contact the Veterans Coordinator:
Central Virginia
Community College

3506 Wards Road
Lynchburg VA 24502-2498

Phone: 434.832.7631
Email: click here

Located in Amherst Hall, Room 2204