The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1952-07-23
Provisions Of The New
81 Bill For Veterans
viii Apply To
All Veterans
Who Haze Serred
Since June p, 1850


Since June q, 1850
The President has signed into
law new al Bill for Veterans
VINO served in the Armed Forces
any place in the world since the
start of the Korean Conflict on
June n, 1850.
The New law provides five bene-
dts. all designed to assist veterans
In their return to civilian life. In
eluded are education and training;
guaranteed or insured loans for
homes, farms, and businesses; un-
employment compensation; mus
tering out pay, and pob finding
help.
The Education and Training pro-
visions allow a veteran one and
one-half days Of training for each
day In service after the outbreak
Of the Korean fighting regard
less Of where the service was per-
formed - up to q maximum of So
months. However, veterans who
have previously trained under ear
ier veterans training laws - the
World War II CT Bill or Public
Laws is or 894 for the Disabled -
may get up to - months. minus
whatever time they've already
spent in training under those ear.
lier programs.
A veteran may train in school
or college, on-the-j job or on-the-
training establishment has been
approved by an appropriate state
approving agency and meets other
qualifications of the law. Only one
change OF course program is al
lowed, except under certain con-
ditions determined by the Veterans
Administration.
Veterans in CT Bill Training win
receive an education and training
allowance each month from the
Government, to meet part Of the
expenses Of their training and liv-
ing costs. Tuition, fees. books, sup
plies and equipment will not be
paid by the Government: instead.
they will have to be paid out Of
the monthly allowance.
Rates for veterans in full-time
training In school and colleges are
sii0 per month, IL they have no
dependents; sl35 IL they have one
dependent, and SLIGO II they have
more than one dependent. Those
In training less than full time will
receive lower monthly rates.
Top monthly amounts for on-the-
job trainees are $40 without De.
pendent: $SS with one dependent,
and Sos with more tnan one de-
pendent. The maximums for in.
stitutional on.farm trainees are
tss, $40 and $50, respectively.
The law requires that on.job and
on-farm rates be reduced. at four
month intervals, as the training
progresses and the veterans own
earnings increase.
The law also specifies that vete,
rams taking institutional on-farm
training must devote full time to
their program.
NEW GI Bill places a $3i0-a.
month ceiling on job training, re-
gardlsss Of dependency status.
A veteran will get his monthly
allowance sometime after the end
Of each month of training com.
pleted. Before the VA can pay
him, the law requires a verified.
tion from both the veteran and his
school or training establishment,
that he was enrolled in and pursu.
Ing his course during that period.
This new method Of payment diff.
fers from procedures followed an.
der earlier laws. VA paid tuition
and other costs directly TO schools,
and also paid eligible veterans q
monthly subsistence allowance.
Although the new Law takes ef'
feet today, no training allowances
may be paid for any period prior
b August 10.
The loan provisions Of the New
CT Bill for Post Korea Veterans are
similar 10 the CT Loan Program
now In effect for World War Two
Veterans, Some changes have
been made. however. 10 protect ths
Interests Of e.buying veterans.
The amount 81 VA guarantee on
Q loan Is the same for both groups
Of veterans. Home loans may be
guaranteed for up 10 50 percent al
the loan, but the guaranteed por.
tion may NOT exceed 81 500. Other
real estate loans may be guarsn.
teed up 10 80 percent. with 4
$1,000 top, And non.real-estate
loans. such as Gi Business loans,
may be guaranteed for up 10 81
percent with . t1.ooo eesling a. u
The guarantee. All such loans also
may he insured.
Vas direct iosn program. now in
effect for World War n Veterans
hss been extended 10 veterans ~ho
servsd sinee Kores. under IL PRO
sram. VA may make loans direct,
" % veterans. bat only In Ger.
tain areas xhers four percent al