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New Rules for Veteran Student Loan Repayment

This act allows veterans eligible for Post-9/11 educational benefits to use these funds to repay federal student loans. This means they can allocate their educational assistance towards reducing student debt instead of tuition, potentially easing their personal financial burden significantly.
Key points
Veterans can use Post-9/11 educational assistance to repay federal student loans.
The maximum annual repayment amount is $15,900 for fiscal year 2026, with potential increases in subsequent years.
Payments will be made monthly, directly to the lender, for a maximum of 36 months.
These benefits are non-transferable to other individuals.
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Introduced
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Additional Information
Print number: 119_HR_967
Sponsor: Rep. Steube, W. Gregory [R-FL-17]
Process start date: 2025-02-04