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VA Education Payments: Direct Electronic Transfers to Foreign Schools.

This bill requires the Department of Veterans Affairs (VA) to quickly update its payment system to allow direct electronic transfers of educational benefits to foreign universities. This change specifically targets schools abroad that do not have a US bank account or tax ID, ensuring veterans studying internationally receive timely tuition payments without administrative delays. This removes a significant barrier, providing veterans faster access to their benefits.
Key points
Veterans studying abroad will benefit from faster and more reliable direct tuition payments from the VA.
The VA must implement electronic fund transfers (EFT) within 90 days for foreign institutions lacking US bank accounts or tax identification numbers.
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Additional Information
Print number: 118_S_1090
Sponsor: Sen. Menendez, Robert [D-NJ]
Process start date: 2023-03-30