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Expanded GI Bill Benefits for Veterans in 2024 šŸš€

by Nicole Strom 01/05/2025

Blog Post: Expanded GI Bill Benefits for Veterans in 2024 šŸš€

The Department of Veterans Affairs (VA) has introduced an exciting update to GI Bill benefits following the 2024 Supreme Court decision. This change offers Veterans who served multiple periods of military service the opportunity to qualify for up to 48 months of total education benefits, an increase from the previous 36-month cap. šŸŽ“āœØ

Key Highlights:

  • New Benefit Limit: Veterans with at least two qualifying periods of service can now receive up to 12 additional months of GI Bill benefits.
  • Impact: This policy could benefit up to 1.04 million Veterans and their families.
  • Automatic Adjudication: Approximately 660,000 eligible Veterans will have claims processed automatically, with others receiving direct outreach from the VA.
  • Expiration Extensions: Veterans with multiple service periods will see their GI Bill expiration dates extended by remaining time plus an additional 90 days. Applications for extensions must be submitted by October 1, 2030.

This update is part of President Biden’s Unity Agenda, reinforcing the administration's commitment to providing Veterans with affordable, high-quality education options. šŸ’” In 2024 alone, the VA supported over 900,000 Veterans and families with educational expenses.

Under Secretary for Benefits Joshua Jacobs summed it up: "Every Veteran has earned the right to get a good, affordable education — and under this new policy, many Veterans will get additional 12 months of GI Bill benefits."

To learn more and see if you qualify for these expanded benefits, visit the Rudisill webpage.

Eric just went to the VA GI website and on it, they share that the VA will communicate/reach out to veterans if they qualify for the 12-month extension, so be on the lookout for your letter from the VA!

About the Author
Author

Nicole Strom

Nicole is a retired military spouse of over 25 years, as well as a full time Real Estate Professional serving her clients in and around Colorado Springs.Ā 

You need a REALTORĀ® with vast experience and knowledge of our specific market. You need a REALTORĀ® that genuinely cares about you and puts your needs first. You need a REALTORĀ® you can trust. Nicole is that REALTORĀ®.Ā