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Repaying Veterans' Education Contributions and Extending VA Home Loan Fees.

This bill ensures the Department of Veterans Affairs repays service members for contributions they made towards the Post-9/11 Educational Assistance program (GI Bill). This repayment provision is effective retroactively to August 1, 2023, providing financial relief to eligible veterans. Additionally, the law slightly extends the expiration date for the current fee structure applied to VA housing loans.
Key points
Veterans will receive refunds for contributions previously made toward the Post-9/11 GI Bill education benefits.
The repayment provision is effective retroactively, starting August 1, 2023.
The expiration date for certain VA housing loan fees is extended until November 28, 2031.
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Additional Information
A bill to amend title 38, United States Code, to ensure that the Secretary of Veterans Affairs repays members of the Armed Forces for certain contributions made by such members towards Post-9/11 Educational Assistance, and for other purposes.
Print number: S 3970
Sponsor: Sen. Cornyn, John [R-TX]
Process start date: 2024-03-19