Show veterans benefits end january 31 on new enlistments editors note this Is the first of a series of articles dis veterans benefits affected by the presidents recent proclamation ending certain benefits the president has issued a proclamation rocla mation settling january 31 1 1955 as the end of the period during which eligibility for veterans benefits can be accrued on a wartime war time basis those entering service after january 31 will be entitled to veterans benefits only on a peacetime peace time basis benefits administered by the veterans administration and affected by the proclamation aie ate education training and loans loani under the korean GI bill vocational rehabilitation for the disabled compensation and pension for lor living veterans and for dependents of deceased veterans hospital domic domiciliary illary and burial benefits automobiles for the seriously disabled and benefits for certain inductees the effect of the proclamation on each of these VA benefits follows education and training under the korean GI bill the proclamation sets january 31 1855 1955 as the last day of the korean conflict period during which those in service may earn entitlement to education or training entitlement is earned at the rate of one and one half days of education for each day served from june 27 1950 up to and including january 31 1955 those entering service after january 31 1955 will not be entitled to any education or training under the korean GI bill As a result of the proclamation eligible veterans may not receive any education or training under the korean GI bill after january 31 1963 or eight years after their discharge or release from active service whichever is earlier the provisions of the korean GI bill that veterans must start education or training within three years after discharge or release from active service is not changed by the proclamation those who fail fall lo 10 begin education or training within that period will lose their entitlement tit to this benefit home horne farm or business loam under the korean GI bill the proclamation established january 31 1955 as the last day for entering service and becoming eligible for ak V guaranteed insured or direct GI loans those entering service after that date will not be eligible for this benefit veterans eligible for loans under the korean GI bill will have until january 31 1965 to apply app dext for loans next week vocational rehabilitation for the disabled and compensation or pension |