Student Veteran Debt Relief Act of 2024

Bill: 118-hr-8627
Sponsor: full_name: Rep. Davis, Donald G. [D-NC-1]
Introduced: 2024-06-05
Policy area: Armed Forces and National Security
Subjects: Higher education

Student aid and college costs

Veterans' education, employment, rehabilitation
Latest action: action_date: 2024-06-27
text: Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote.

Summaries:

tv_txt: I 118th CONGRESS 2d Session H. R. 8627 IN THE HOUSE OF REPRESENTATIVES June 5, 2024 Mr. Davis of North Carolina introduced the following bill; which was referred to the Committee on Veterans' Affairs A BILL To amend title 38, United States Code, to modify certain requirements relating to the recovery by the Department of Veterans Affairs of overpayments made to eligible persons or veterans relating to educational assistance under the laws administered by the Secretary of Veterans Affairs, and for other purposes.

1. Short title This Act may be cited as the Student Veteran Debt Relief Act of 2024 . 2. Overpayments to eligible persons or veterans Section 3685 of title 38, United States Code, is amended by adding at the end the following new subsections: (f) (1) If the Secretary finds that an overpayment has been made to a veteran or eligible person relating to educational assistance under a law administered by the Secretary, the overpayment shall not constitute a liability for the veteran, eligible person, or educational institution if the veteran, eligible person, or educational institution demonstrates to the Secretary that— (A) the Department made an error with respect to the eligibility of the veteran or eligible person for educational assistance under the laws administered by the Secretary; or (B) the Department of Defense provided incorrect information to the Department of Veterans Affairs with respect to the eligibility of the veteran or eligible person for educational assistance under such laws. (2) (A) If the Secretary finds that an overpayment has been made to a veteran or eligible person relating to educational assistance under a law administered by the Secretary and determines, in consultation with an educational institution where the veteran or eligible person is pursuing a course or program of education using such assistance, that liability for the overpayment would be likely to result in the inability of the veteran or eligible person to continue pursuit of the course or program, the Secretary shall— (i) review the liability to determine if the liability is eligible for a hardship waiver; and (ii) if the liability is not eligible, make an attempt to recover the overpayment from the veteran or eligible person. (B) If the Secretary is unable to recover an overpayment from a veteran or eligible person under subparagraph (A)(ii), the Secretary shall— (i) provide to the Under Secretary for Benefits evidence of the attempt to recover the overpayment; and (ii) establish with the veteran or eligible person a payment plan under which the veteran or eligible person agrees to repay the amount of the overpayment to the Secretary. (g) The Secretary may not recover an overpayment under this section unless— (1) the overpayment occurs and is identified on or after January 5, 2021; and (2) the overpayment is identified, and the educational institution is notified of the overpayment, not more than ten years after the overpayment occurs. .