2022 AFBA Financial Planning Guide

training can be for a period of up to four years or longer for special cases. Training can take place at a school or college, in on–the–job training programs, in special rehabilitation centers, with an institutional on–farm training program, or if necessary, the training can be accomplished in your home. Vocational rehabilitation allowances include a monthly subsistence payment (see table below) and the cost of tuition, fees, books, supplies, and equipment. Additionally, the VA may pay costs associated with tutorial assistance, signing for the deaf, lip–reading training, and some unusual transportation expenses resulting from the particular veteran’s disabilities.

members with three or more years of active service. You can substantially increase these benefits by making additional contributions above $1,200 while on active duty. For example, MGIB participants who use their full 36 months of entitlement, can increase their benefits by $5,400 by making the maximum additional contribution of $600. If you are on active duty, you may be eligible to receive Tuition Assistance (TA) from your branch of service or the Defense Activity for Non-Traditional Educational Support (DANTES). If you have been on active duty for two years, you may also be eligible to use MGIB to supplement, or “top-up,” your TA.“Top- up” covers the difference between the tuition assistance amount paid by the military and the total costs of tuition and related charges up to specified limits. MGIB benefits used while on active duty reduce the total benefit that the member is eligible to receive after discharge. Entitlements under the MGIB expire at the end of the ten year period following the date of your last discharge or release from active duty, or the last day on which you become entitled to such assistance, whichever date is later. Extensions to this ten year limit may be granted under certain conditions. If you are discharged or released for a preexisting medical condition which is not service–connected, or involuntarily separated under a reduction–in–force, you are entitled to one month of educational assistance for each month of active duty served. 6–3. VOCATIONAL REHABILITATION & EMPLOYMENT PROGRAM. This program assists veterans with service- connected disabilities to prepare for, find, and keep suitable jobs. For veterans with service-connected disabilities so severe that they cannot immediately consider work, this program offers services to improve their ability to live as independently as possible. To qualify for vocational rehabilitation training, you must meet three conditions. First, you must have suffered a service–connected disability. Generally, members whose VA disability rating was established on or after November 1, 1990 must have at least a 20% disability rating. In special circumstances, eligibility may be established with a 10% disability rating. Second, you must have been discharged or released under conditions other than dishonorable. Third, you must demonstrate that vocational rehabilitation is necessary in order to overcome an employment handicap. Eligibility for vocational training expires twelve years after the date of separation from active military service or the date you were first notified by the VA of a service-connected disability rating. Extensions are allowed in certain cases however. The

Vocational Rehabilitation Subsistence Allowance

Number of Dependents

Type Of Training Program

None

One Two Each Add’l

Institutional: Full-time

$670 $504 $337

$832 $624 $417

$980 $733 $491

$71 $54 $36

Three-quarter time Half-time

Farm Cooperative, Apprentice or On-Job Training: Full-time

$586 $709 $817 $53

6–4. DISABILITY COMPENSATION. A veteran who is dis­ abled by injuries or by a disease incurred in or aggravated during active military service is considered to have a service–connected disability. After separation from active duty, the veteran will usually qualify for monthly disability compensation, provided he or she was not separated or released under dishonorable conditions. The amount of this compensation is based on the veteran’s percentage of disability, which is determined by the VA. Amounts presently authorized are shown on the next page. These benefits are authorized for other severe disabilities such as loss of eyesight, limbs, vital organs, etc. Veterans having a 30% or higher rate of disability are entitled to additional allowances for their dependents. These benefits are not subject to federal or state income tax.

CHAPTER 6: VETERANS BENEFITS

Made with FlippingBook. PDF to flipbook with ease