VA Disability Award Letter: It might seem hard to understand your VA Award Letter, but it’s much easier if you get the right help. This step-by-step guide will help you find your way around the important parts so you can know what benefits to expect.
Your Eligibility Percentage is the first thing you should look at. This tells you how much the VA will pay for your housing, books, and school. For instance, if your percentage is 100%, you don’t have to pay anything.
If it’s less, like 70%, you’ll have to pay the last 30%. How your percentage is calculated is based on how long you served. The letter will have exact dates and information about how this amount is found.
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Then we talk about fees and tuition. This part tells you how much your school charges for tuition and what percentage the VA will pay. Take the University of Maryland Global Campus as an example. If they charge $1,500 for a term and you are eligible for full benefits, the VA will pay the school back in full. If your enrollment information is wrong, you can ask the VA to fix your schoolwork.
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Another important benefit is your monthly housing allowance, which is based on your enrollment status and the location of your school. This benefit is available only to full-time students. If you’re taking online courses, your housing allowance will be different from in-person classes. Also, since the VA prorates payments, you won’t receive the same amount every month, your payment will be adjusted if you miss a full month of classes.
For the Books and Supplies Stipend, the VA pays per credit hour, up to 24 credit hours per year. For example, if you’re taking six credit hours, you could receive $500 for books and supplies, with half of this amount paid at the start of each semester.
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A section on your remaining benefits is also included in the letter to assist you in keeping track of how much time you have left to use your benefits. For instance, you may see that you have 21 months and 7 days left to finish your course of study.
Lastly, always remember to notify the VA and your school right away if your enrollment changes. If not handled correctly, it could have an impact on your benefits and result in debt.
