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New rules for veteran student loan repayment

This act allows veterans eligible for Post-9/11 educational assistance to use these funds to repay federal student loans. This means that instead of paying for tuition, they can allocate the money to reduce their student debt, which can significantly ease their personal finances.
Key points
Veterans can now use their educational benefits (Post-9/11 GI Bill) to repay federal student loans.
The maximum annual repayment amount is $15,900, subject to annual adjustment.
Payments will be made directly to the lender, and benefits cannot be transferred to others.
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Expired
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Additional Information
Print number: 117_HR_359
Sponsor: Rep. Steube, W. Gregory [R-FL-17]
Process start date: 2021-01-19
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Modern GI Bill Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_359.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-01-19.

What are the main provisions?

Key points include:

  • Veterans can now use their educational benefits (Post-9/11 GI Bill) to repay federal student loans.
  • The maximum annual repayment amount is $15,900, subject to annual adjustment.
  • Payments will be made directly to the lender, and benefits cannot be transferred to others.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Steube, W. Gregory [R-FL-17].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Economic Opportunity.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Benefits Education