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If you're eligible for the Chapter 35 Survivors and Dependents Educational Assistance (DEA) program, knowing when you'll receive your VA education benefits can be crucial for planning your finances.
Here's a guide to understanding the payment schedule for September 2024.
Understanding the Chapter 35 DEA program
The Chapter 35 DEA program offers up to 36 months of educational and training benefits to dependents and spouses of veterans who are either permanently and totally disabled due to a service-related condition or who died while on active duty or as a result of a service-related condition.
Eligible recipients can use these benefits to pursue a range of educational paths, including college degrees, vocational training, on-the-job training, apprenticeships, and more.
Your monthly VA payment amount under Chapter 35 is influenced by several factors, including the type of educational program you're enrolled in and your enrollment status (full-time, part-time, etc.).
For instance, full-time students in college or university can receive up to $1,488 per month, while those in non-college degree programs or on-the-job training programs may receive varying amounts based on the number of clock hours or the stage of their training.
If you're enrolled less than full-time, your payment will be prorated based on your course load or clock hours.
For those attending less than half-time, the payment may be further reduced to cover only the cost of tuition and fees.
To find out when you can expect your VA education benefits in September 2024, you'll need to check your "Transaction Date" on the WAVE (Web Automated Verification of Enrollment) Certification Transactions page.
The VA typically schedules payments for the next business day following your Transaction Date.
So, if your Transaction Date falls on a Friday, you can expect your payment to be processed on the following Monday (or the next business day if there's a holiday).
For example, if your school starts on September 1st, and your Transaction Date is September 4th, your payment should be processed on September 5th, assuming it's a business day.
If September 5th falls on a weekend or holiday, your payment would be processed on the next business day.
To determine the exact day you'll receive your VA education benefits for September 2024, check the WAVE system for your Transaction Date and add one business day.
This will give you the most accurate estimate of when your funds will be deposited, allowing you to manage your educational expenses with confidence.