Bill > HR1965

This bill amends the existing Post-9/11 Educational Assistance Program administered by the Department of Veterans Affairs to increase the annual stipend for books, supplies, equipment, and other educational costs. Specifically, the bill raises the current stipend from $1,000 to $1,400 and establishes an annual adjustment mechanism for future years. Starting in fiscal year 2026, the Secretary of Veterans Affairs will be required to increase the stipend each year based on the percentage change in the Consumer Price Index (CPI) for urban consumers. The CPI increase will be calculated by comparing the 12-month period ending on June 30 preceding the fiscal year with the previous 12-month period. This means the stipend will be automatically adjusted annually to help veterans keep pace with the rising costs of educational materials and equipment, ensuring that the financial support remains relevant and helpful as economic conditions change. The bill is officially titled the "Veteran Education Assistance Adjustment Act" and represents a legislative effort to provide more robust financial support for veterans pursuing educational opportunities.

Business and Industry, Military Affairs and Security

https://www.congress.gov/bill/119th-congress/house-bill/1965/all-info