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Modern GI Bill Act

USA119th CongressHR-967| House 
| Updated: 3/5/2025
W. Gregory Steube

W. Gregory Steube

Republican Representative

Florida

Veterans' Affairs Committee, Economic Opportunity Subcommittee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill amends title 38 of the United States Code to permit individuals eligible for Post-9/11 educational assistance to utilize those benefits for the repayment of federal student loans . Specifically, it allows recipients to apply their educational assistance amounts towards the outstanding principal and interest of their federal student loans, which are defined as those made, insured, or guaranteed under Title IV of the Higher Education Act of 1965. This new authority aims to provide greater flexibility for veterans in managing their educational and financial obligations. The legislation establishes a maximum annual repayment amount, beginning at $15,900 for fiscal year 2026 , with subsequent annual adjustments tied to Social Security benefit increases. Monthly payments, chosen by the individual, cannot exceed one-twelfth of the annual maximum, and the total duration of these payments is capped at 36 months . This specific student loan repayment benefit is non-transferable to other individuals, and payments are made directly by the Secretary of Veterans Affairs to the loan lender.
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Timeline

Bill from Previous Congress

HR 116-5056
Modern GI Bill Act

Bill from Previous Congress

HR 117-359
Modern GI Bill Act

Bill from Previous Congress

HR 118-393
Modern GI Bill Act
Feb 4, 2025
Introduced in House
Feb 4, 2025
Referred to the House Committee on Veterans' Affairs.
Mar 5, 2025
Referred to the Subcommittee on Economic Opportunity.
  • Bill from Previous Congress

    HR 116-5056
    Modern GI Bill Act


  • Bill from Previous Congress

    HR 117-359
    Modern GI Bill Act


  • Bill from Previous Congress

    HR 118-393
    Modern GI Bill Act


  • February 4, 2025
    Introduced in House


  • February 4, 2025
    Referred to the House Committee on Veterans' Affairs.


  • March 5, 2025
    Referred to the Subcommittee on Economic Opportunity.

Armed Forces and National Security

Government lending and loan guaranteesHigher educationStudent aid and college costsVeterans' education, employment, rehabilitation

Modern GI Bill Act

USA119th CongressHR-967| House 
| Updated: 3/5/2025
This bill amends title 38 of the United States Code to permit individuals eligible for Post-9/11 educational assistance to utilize those benefits for the repayment of federal student loans . Specifically, it allows recipients to apply their educational assistance amounts towards the outstanding principal and interest of their federal student loans, which are defined as those made, insured, or guaranteed under Title IV of the Higher Education Act of 1965. This new authority aims to provide greater flexibility for veterans in managing their educational and financial obligations. The legislation establishes a maximum annual repayment amount, beginning at $15,900 for fiscal year 2026 , with subsequent annual adjustments tied to Social Security benefit increases. Monthly payments, chosen by the individual, cannot exceed one-twelfth of the annual maximum, and the total duration of these payments is capped at 36 months . This specific student loan repayment benefit is non-transferable to other individuals, and payments are made directly by the Secretary of Veterans Affairs to the loan lender.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-5056
Modern GI Bill Act

Bill from Previous Congress

HR 117-359
Modern GI Bill Act

Bill from Previous Congress

HR 118-393
Modern GI Bill Act
Feb 4, 2025
Introduced in House
Feb 4, 2025
Referred to the House Committee on Veterans' Affairs.
Mar 5, 2025
Referred to the Subcommittee on Economic Opportunity.
  • Bill from Previous Congress

    HR 116-5056
    Modern GI Bill Act


  • Bill from Previous Congress

    HR 117-359
    Modern GI Bill Act


  • Bill from Previous Congress

    HR 118-393
    Modern GI Bill Act


  • February 4, 2025
    Introduced in House


  • February 4, 2025
    Referred to the House Committee on Veterans' Affairs.


  • March 5, 2025
    Referred to the Subcommittee on Economic Opportunity.
W. Gregory Steube

W. Gregory Steube

Republican Representative

Florida

Veterans' Affairs Committee, Economic Opportunity Subcommittee

Armed Forces and National Security

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Government lending and loan guaranteesHigher educationStudent aid and college costsVeterans' education, employment, rehabilitation