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What is Chp 35 and how much money will it put in your pocket! VA benefits

Personal Finance Chapter 35 VA Benefits: What is the monthly stipend for Chapter 35 VA benefits? Rates vary depending on different factors for the period spanning October 1, 2023, to September 30, 2024, the current rates for Survivors' and Dependents' Educational Assistance (DEA) are determined based on the type of education or training a beneficiary is pursuing and their enrollment status. Rates vary depending on factors such as full-time or part-time enrollment, on-the-job training, apprenticeships, or specialized programs such as correspondence or special restorative training. For institutions of higher learning, the monthly rates range from $1,488 for full-time enrollment to $372 for less than 1/4-time enrollment. "We'll pay you a percentage of the full month's rate based on the number of days that you're enrolled in the month," the VA website reads. "We call this a prorated payment. For example, if your school starts on the 20th, you would get a payment for 10 days of enrollment that month. Your payment would be 1/3 of the monthly rate. " Similarly, non-college degree programs follow a similar structure, with rates adjusted based on the scheduled clock hours. Beneficiaries are reminded that payments may be prorated based on the number of days enrolled in a given month, and lump-sum payments are made at the start of each term if tuition and fees are less than the monthly rate. For questions about rates or other inquiries, individuals can contact the Department of Veterans Affairs (VA) directly.