VEAP is available if you first entered active duty between January 1, 1977 and June 30, 1985 and you elected to make contributions from your military pay to participate in this education benefit program. Your contributions are matched on a $2 for $1 basis by the Government. This benefit may be used for degree and certificate programs, flight training, apprenticeship/on-the-job training and correspondence courses. Remedial, deficiency, and refresher courses may be approved under certain circumstances.
Benefit entitlement is 1 to 36 months depending on the number of monthly contributions. You have 10 years from your release from active duty to use VEAP benefits. If there is entitlement not used after the 10-year period, your portion remaining in the fund will be automatically refunded.
How to apply for the VEAP?
When you find a program approved for VA training, you can apply for VEAP by completing VA Form 22-1990, Application for Education Benefits. You can also apply online through the VA web site at http://vabenefits.vba.va.gov/vonapp.
More about the Veterans Educational Assistance Program (VEAP)