A new Department of Veterans Affairs (VA) policy will allow student veterans more time to pay back overpayments they received from their Post-9/11 GI Bill. The old policy required students to make their repayments before the end of their school term.
This new policy provides students up to 12 months in which they can make their payments so large lump sums are not due within a matter of months.
Student veterans were being held accountable for overpayments on their tuition and fees. The short time they were given to repay the money was causing a problem as they often paid out-of-pocket to meet the VA's deadline before the school paid the veteran.
Sen. Jon Tester (D-Mont) pushed for the change in the VA policy, but does not feel the issue is being fully addressed. First, he is attempting to install safeguards to protect the credit ratings of veteran-students who owe money due to clerical errors. Second, he is challenging the VA to develop a system in which schools in receipt of GI Bill overpayments reimburse the government directly. There is no need to place the student veterans into the equation.
VA spokespeople explain these overpayments are usually the result of the student veteran droping a course after the GI Bill payment, which is made at the beginning of the term and is based on their enrollment.
If you are a disabled veteran who has been denied disability compensation or have not yet applied for benefits from the VA, a South Florida disability attorney from LaVan & Neidenberg is ready to help. To learn if you are entitled to certain programs and benefits contact our veterans disability rights firm today - 1-888-234-5758.
Category: Veterans' Disability
To reply to this message, enter your reply in the box labeled "Message", hit "Post Message."