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Modern GI Bill Act

3/19/2025, 3:50 PM

Summary of Bill HR 967

Bill 119 hr 967, also known as the "Post-9/11 Veterans Educational Assistance Improvements Act of 2021," aims to amend title 38 of the United States Code to allow individuals who are entitled to Post-9/11 educational assistance to use that assistance to repay Federal student loans.

Currently, individuals who have served in the military and are eligible for Post-9/11 educational assistance can use this benefit to cover the costs of tuition, fees, and other educational expenses. However, this assistance cannot be used to repay Federal student loans that were taken out to finance their education.

This bill seeks to address this limitation by allowing veterans to use their Post-9/11 educational assistance to repay Federal student loans. This would provide veterans with more flexibility in how they can use their educational benefits and help alleviate the financial burden of student loan debt. Overall, Bill 119 hr 967 aims to support and empower veterans by expanding the ways in which they can utilize their educational benefits. It recognizes the sacrifices that veterans have made for our country and seeks to provide them with additional support as they transition back to civilian life.

Congressional Summary of HR 967

Modern GI Bill Act

This bill authorizes individuals who are entitled to educational assistance under the Post-9/11 GI Bill to apply amounts of such assistance to repay federal student loans for up to 36 months.

The bill sets a cap and annual cost-of-living increases for the amount of educational assistance that may be paid to an individual under this bill during FY2026 and the following years.

Current Status of Bill HR 967

Bill HR 967 is currently in the status of Bill Introduced since February 4, 2025. Bill HR 967 was introduced during Congress 119 and was introduced to the House on February 4, 2025.  Bill HR 967's most recent activity was Referred to the Subcommittee on Economic Opportunity. as of March 5, 2025

Bipartisan Support of Bill HR 967

Total Number of Sponsors
5
Democrat Sponsors
0
Republican Sponsors
5
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 967

Primary Policy Focus

Armed Forces and National Security

Alternate Title(s) of Bill HR 967

To amend title 38, United States Code, to allow individuals who are entitled to Post-9/11 educational assistance to use such assistance to repay Federal student loans.
To amend title 38, United States Code, to allow individuals who are entitled to Post-9/11 educational assistance to use such assistance to repay Federal student loans.

Comments

Esmeralda Lanier profile image

Esmeralda Lanier

31,165

1 year ago

This bill helps students immensely. Long term, it will ease financial burdens.

Sponsors and Cosponsors of HR 967

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