Modern GI Bill Act
Modern GI Bill Act
Plain Language Summary
# Modern GI Bill Act Summary **What the bill does:** The Modern GI Bill Act would allow veterans who receive benefits under the Post-9/11 GI Bill to use those education benefits to pay down federal student loans instead of only using them for tuition and education expenses. Veterans could apply their benefits this way for up to 36 months. The bill also establishes a cap on how much assistance can be used annually, with that cap adjusted yearly to account for cost-of-living increases starting in fiscal year 2026. **Who it affects:** The primary beneficiaries would be Post-9/11 veterans who have federal student loan debt and are eligible for GI Bill benefits. This could help veterans manage education-related debt more flexibly.
The bill affects the Department of Veterans Affairs, which administers these benefits. **Current status:** The bill is currently in committee (HR 967, 119th Congress), meaning it has been introduced but hasn't yet been debated or voted on by the full House of Representatives. It was sponsored by Representative W. Gregory Steube (R-FL).
CRS Official Summary
Modern GI Bill ActThis bill authorizes individuals who are entitled to educational assistance under the Post-9/11 GI Bill to apply amounts of such assistance to repay federal student loans for up to 36 months.The bill sets a cap and annual cost-of-living increases for the amount of educational assistance that may be paid to an individual under this bill during FY2026 and the following years.
Latest Action
Referred to the Subcommittee on Economic Opportunity.