OCR Text |
Show New G. I. Bill Provides Five Benefits For Veterans Yith Korean Service Editor's Note: This is the first in a series of three articles published pub-lished by the Iron County Record to inform veterans of southern Utah of the benefits due them, under the new GI Bill recently signed by the president. The President has just signed into law a new GI bill for vet-etans vet-etans who served in the armed forces any place in the world since the start of the Korean conflict on June 27, 1950. The new law provides five benefits, all designed to assist veterans in their return to civilian civil-ian life. Included are education and training, guaranteed or insured in-sured loans for homes, farms and businesses; unemployment compensation, com-pensation, mustering-out pay, and job-finding help. The education and, training provisions allow a veteran one and one-half days of training for each day in service after the outbreak of the Korean fighting regardless of where the service was performed up to a maximum maxi-mum of 36 months. However, veterans who have previously trained under earlier veterans' training laws the World War II GI Bill or Public Laws 16 or 894 for the disabled-may disabled-may get up to 48 months, minus whatever time they've already spent In training under those earlier programs. A veteran may train in school or college, on-the-job or on-the. farm, so long as the school or training establishment has been approved by an appropriate State Approving Agency and meets other qualifications of the law. Only one change of course program pro-gram is allowed, except under certain conditions determined by the Veterans Administration. Veterans in GI Bill training will receive an education and training allowance each month from the Government, to meet patr of the expenses of their training and living costs. Tuition, Tui-tion, fees, books, supplies and equipment will not be paid by the Government; instead, they will have to be paid out of the monthly allowance. Rates for veterans in full-time training in schools and colleges are $110 a month, if they have no dependents; $135 if they have one dependent, and $160 if they have more than one dependent. Those in training less than full time will receive lower monthly month-ly rates. Top monthly amounts for on-the-job trainees are $70 without dependents; $85 with one dependent. de-pendent. The maximums for institutional in-stitutional on-farm trainees are $95, $110 and $130, respectively. The law requires that on-job and on-farm rates be reduced at four-month intervals, as the training progresses and the vet- eran's own earning increase. The new GI Bill places a $310-a-month ceiling on job training, regardless of dependency status. Should a veteran's training allowance al-lowance plus his earnings as a trainee exceed this amount, VA will reduce the allowance accordingly. ac-cordingly. There's no ceiling, however, on what he may cam. A veteran will get his monthly allowance some time after the end of each month of training completed. Before VA can pay him, the law requires a certification certifi-cation from both the veteran and his school or training establishment, establish-ment, that he was enrolled in and pursuing his course during that period. This new method of payment differs from procedures followed under previous veterans training laws. Under earlier laws, VA paid tuition and other costs directly di-rectly to schools, and also paid eligible veterans a monthly subsistence sub-sistence allowance. Although the new law takes efffect immediately, no training allowance may be paid for any period prior to August 20. |