Veteran GI BIll Payment Rates
Your GI Bill monthly payment rate is determined by two factors: your student status (full time, half time, or part time) and your duty status. Your school determines your student status. In most cases you would be considered a full time student if you are taking 12 or more credits per semester. Click here to see a full breakdown of Veteran Benefit Payment Rates.
A Home of Their Own
Since it began in 1944, VA's loan guaranty program has helped some 18 million veterans achieve the American dream of homeownership. The Veterans Benefit Act of 2004 changed the maximum guaranty amount for certain loans in excess of $144,000 to an amount equal to 25 percent of the Freddie Mac conforming loan limit for a single family residence. This means that the maximum no-down-payment loan that a veteran can obtain will always be the same as the conventional conforming limit. program also administers the specially adapted housing program, which provides grants to veterans who have certain service-connected disabilities. For more information, visit the VA Home Loan Guaranty Services Webpage.
Special Outreach
The Special Outreach website provides additional information as required by the United States Congress to all veterans who live in the states of Connecticut, Illinois, Indiana, Michigan, New Jersey, and Ohio where the average amount of VA disability compensation paid is lower than in other states. This information is important to all veterans no matter where they live. VA wants to be sure all veterans are aware of the VA disability benefits that are available and know how to apply for them. For more information, visit the VA's Special Outreach to Veterans Website.
No comments:
Post a Comment