OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Payment of Va Educational Assistance Via Electronic Fund Transfer to A Foreign Institution of Higher Education

Floor Speech

By: Mike Bost
By: Mike Bost
Date: May 16, 2022
Location: Washington, DC

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Mr. BOST. Madam Speaker, I yield myself such time as I may consume.

Madam Speaker, I rise today in support of H.R. 7375, a bill that would streamline the payment of GI Bill benefits.

Specifically, the bill would require that, within 90 days of enactment, VA update the electronic fund transfer system for education benefits. Without this change, an overseas school is required to maintain a U.S.-based bank account so that VA can electronically transfer payments for VA beneficiaries who attend their institution. This requirement has kept some schools from participating in the GI Bill. This leads to fewer educational choices for our veterans.

I am pleased that this bill would address this issue and expand opportunities for veterans to use their hard-earned education benefits.

Madam Speaker, I encourage all of my colleagues to support H.R. 7375, and I yield back the balance of my time.

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