The program, which has been closed to new enrollments more on that below was a military educational assistance program where those who choose to enroll would have matching contributions from the federal government — for every dollar the service member contributed to their VEAP account, two dollars would be added by the government. VEAP Requirements. This program was offered to those who joined the military between January, 1, and June 30, Requirements for VEAP included the following:. VEAP was established before many online courses , distance education, and similar tools for veterans, active duty members, and military dependents became widely available.

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VEAP is a voluntary, contributory educational assistance program that was available to members who entered the military for the first time between 1 January and 30 June VEAP was re-opened between 28 October and 31 March to give service members a final opportunity to enroll before the program was terminated on 1 April VEAP benefits can be used up to 10 years from the date of discharge. Once again, members who did not enroll before these deadlines lost their eligibility.

VEAP participants may pursue associate, bachelor or graduate degrees at colleges and universities. Courses leading to a certificate or diploma from business, technical or vocational schools may also be taken.

Flight training may also be pursued, including solo flying hours up to the minimum required by the FAA for the rating or certification being pursued. Before beginning training, the veteran must have a private pilot's license and meet the requirements for a commercial license. A participant may study abroad in programs leading to a college degree and in programs which offer, as a part of the curriculum, nontraditional training away from school. A participant with a deficiency in a subject may receive tutorial assistance benefits if enrolled half-time or more.

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If you did not take action to start a VEAP account prior to the legislated deadline or during the open period, you lost your eligibility. The Navy has no choice but to follow the law. Keep the delimiting date in mind; when you separate the clock starts, when you re-enter active duty it stops and will re-start upon discharge. It does not reset back to zero, it picks up from where you left off.

VEAP participants can contribute to the VEAP at any time while on active duty provided member initially enrolled before the 30 June deadline or during the open period. Once a VEAP member separates, he or she cannot recontribute to a previous account unless the member returns to active duty at a later date. The delimiting date is 10 years from date of separation.

After the 10th year, the VEAP account is closed and any personal contributions remaining will be refunded to the member at the address the DVA has on file. Only an individual's personal contributions are refunded. There was no provision made for personnel who did not participate in VEAP. In an effort to reach all eligible VEAP participants, the Defense Finance and Accounting Service, Cleveland included a statement on all service members "Leave and Earning Statements" LES , advising members to contact this office if they had not received a conversion package.

The deadline for conversion was 8 October The Navy does not have the authority to provide for exceptions to this legislation.

The decision to enroll had to be made by 31 October This contribution is non-refundable.


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Veterans Educational Assistance Program (VEAP)


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