US HB967

Allows individuals entitled to Post-9/11 GI Bill educational assistance to use those benefits to repay federal student loans (loans made under Title IV of the Higher Education Act of 1965)

Sets maximum annual payment at $15,900 for fiscal year 2026, with annual adjustments tied to Social Security cost-of-living increases

Limits total loan repayment assistance to 36 months of payments, with monthly payments capped at one-twelfth of the annual maximum

Payments go directly from the VA Secretary to the federal student loan lender, not to the individual veteran

Benefits used for loan repayment cannot be transferred to dependents, unlike other Post-9/11 GI Bill benefits