HR 393
Modern GI Bill Act
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Modern GI Bill Act, allows eligible veterans receiving Post-9/11 GI Bill benefits to use a portion of those funds to pay down outstanding federal student loans. The bill sets a maximum annual repayment amount of $15,900 for 2024, with annual increases tied to the Social Security benefit adjustments. Veterans can repay up to a total of $15,900 over 36 months, and payments are made directly to the student loan lender.
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Primary sponsor
Cosponsors
Matt Gaetz
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