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New Rules for Veteran Student Loan Repayment

This act allows post-9/11 veterans entitled to educational assistance to use these funds to repay federal student loans. This means they can allocate their education benefits to reduce student debt, potentially easing their personal finances. The maximum annual repayment amount is $15,900, with adjustments possible in future years.
Key points
Veterans can use Post-9/11 GI Bill educational benefits to repay federal student loans.
Maximum annual repayment amount is $15,900, subject to future increases.
Payments will be made directly to the lender for up to 36 months.
These benefits cannot be transferred to another individual.
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Additional Information
Print number: 118_HR_393
Sponsor: Rep. Steube, W. Gregory [R-FL-17]
Process start date: 2023-01-17
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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 118_HR_393.

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 2023-01-17.

What are the main provisions?

Key points include:

  • Veterans can use Post-9/11 GI Bill educational benefits to repay federal student loans.
  • Maximum annual repayment amount is $15,900, subject to future increases.
  • Payments will be made directly to the lender for up to 36 months.
  • These benefits cannot be transferred to another individual.
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 2025-12-25.

CATEGORIES

Benefits Education