Nearly 80,000 veterans eligible for the new G.I. Bill saw their college terms disrupted last year because the VA was late distributing $61 million in housing and book stipends, according to estimates released by the Department of Veterans Affairs Inspector General Friday.
Investigators extrapolated the figures in a review of 200 student cases where the VA was late paying out book and housing money to 18% of the veterans. Most of those delays were only a few weeks.
But for 8% of the students, it took a month or longer to get money for housing or books, long enough to detrimentally impact their school year, investigators said.
The VA, which administers the new G.I. Bill, paid out $5.4 billion in housing and book stipends to 789,000 students in 2013.
The agency has vastly improved its processing time from the program’s inception in 2009, when more than half the veterans seeking benefits had to wait weeks or months for their money.
CLICK TO READ FULL STORY >>>>>>
Short URL: http://www.veteranstoday.com/?p=310836
The views expressed herein are the views of the author exclusively and not necessarily the views of VT or any other VT authors, affiliates, advertisers, sponsors, partners and technicians. Legal Notice
Posted by Veterans Today
on Jul 14 2014,
With 0 Reads,
Filed under Benefits, Vet News, Veteran Service Organizations.
You can follow any responses to this entry through the RSS 2.0.
You can skip to the end and leave a response. Pinging is currently not allowed.
Views: 0