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Show Veteran Benefits Changed Under Amended Act A Congressional Christmas gift to returning GI's was recently recent-ly enacted into law by important amendments to the Serviceman's Readjustment Act of 1944, According to Congressman Walter K. Granger the most important im-portant changes are in the educational edu-cational and loan provisions of the Act briefly outlined as follows: fol-lows: The time during which a course may be initiated is extended extend-ed from 2 to 4 years after discharge dis-charge or end of the war, whichever which-ever is later, and the time limit for completing the course is raised rais-ed from 7 to 9 years. Any eligible veteran now may receive one year of education or training, plus additional education educa-tion (up to a maximum of four years), for total length of active service. Expenses for a correspondence course may now be paid but no subsistence allowance. Monthly subsistence allowances are increased in-creased from $50 to $65 for veterans vet-erans without dependents, and from $75 to $90 for veterans with dependents. Vocational training may be begun be-gun by a disabled veteran, subject sub-ject to Veterans Administration approval, and the time for completing com-pleting such training is extended from 6 to 9 years. Disabled veterans will now receive re-ceive a minimum of $105 per month without dependents, $115 with a dependent, plus $10 for the first child, and $7 for each additional child and $15 for any dependent parent, while he is in training status. This will not affect af-fect his pension. Any loan on real estate may now be guaranteed up to a maximum max-imum of $4,000 of the loan, as compared with a $2,000 limit under un-der previous law. It may also be authorized over a period up to 25 years, and farm realty loans up to 40 years. I l |
