{"id":57363,"date":"2021-07-16T14:48:37","date_gmt":"2021-07-16T14:48:37","guid":{"rendered":"https:\/\/one.sightlinemg.com\/airforcetimes\/uncategorized\/2021\/07\/16\/use-your-gi-bill-benefits-to-start-a-business-lawmakers-push-pilot-program\/"},"modified":"2026-08-08T10:43:08","modified_gmt":"2026-08-08T10:43:08","slug":"use-your-gi-bill-benefits-to-start-a-business-lawmakers-push-pilot-program","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/airforcetimes\/education-transition\/2021\/07\/16\/use-your-gi-bill-benefits-to-start-a-business-lawmakers-push-pilot-program\/","title":{"rendered":"Use your GI Bill benefits to start a business? Lawmakers push pilot program"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">A bipartisan group of House lawmakers are again pushing to allow some recently separated service members to use their <a href=\"https:\/\/www.militarytimes.com\/education-transition\/2021\/07\/12\/millions-of-vets-may-be-eligible-for-extra-gi-bill-benefits-thanks-to-court-ruling\/\" target=\"_blank\">GI Bill benefits <\/a>to start a new business instead of attending college classes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The proposal, which has failed to gain legislative traction in recent years, would establish a<a href=\"https:\/\/rebootcamp.militarytimes.com\/veterans\/2019\/02\/22\/shark-tanks-daymond-john-has-5-tips-for-vet-entrepreneurs\/\" target=\"_blank\"> three-year pilot program<\/a> for up to 250 veterans to pursue \u201ceducational entrepreneurial training\u201d and receive their education payouts in the form of <a href=\"https:\/\/rebootcamp.militarytimes.com\/entrepreneurship\/\" target=\"_blank\">start-up capital<\/a> instead of the traditional tuition payments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cHigher education is essential for many [veterans], but some have a different calling,\u201d said Rep Ben Cline, R-Va. and a sponsor of the measure. \u201cVeterans are seeking more options and want the choice to use their GI Bill benefit to start their own business.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cIt\u2019s common sense to offer veterans a choice in accessing resources, training, and support to pursue the American dream to start a small business, create jobs, and generate growth in our economy.\u201d<\/p>\n\n\n\t<aside class=\"smg-interstitial-link wp-block-smg-interstitial-link\">\n\t\t<a href=\"https:\/\/one.sightlinemg.com\/militarytimes\/education-transition\/2021\/07\/12\/millions-of-vets-may-be-eligible-for-extra-gi-bill-benefits-thanks-to-court-ruling\/\" class=\"smg-interstitial-link__inner\">\n\t\t\t\t\t\t\t<div class=\"smg-interstitial-link__media\">\n\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"215\" src=\"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/185760.jpg.jpg?w=300\" class=\"smg-interstitial-link__image wp-post-image\" alt=\"\" \/>\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"smg-interstitial-link__content\">\n\t\t\t\t<span class=\"smg-interstitial-link__kicker\">Related<\/span>\n\t\t\t\t<h3 class=\"smg-interstitial-link__title\">Millions of vets may be eligible for extra GI Bill benefits thanks to court ruling<\/h3>\n\t\t\t\t\t\t\t\t\t<p class=\"smg-interstitial-link__excerpt\">About 1.7 million veterans have some unused Montgomery GI Bill benefits, and the new court ruling could provide a pathway to accessing them for the first time.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/aside>\n\t\n\n\n<p class=\"wp-block-paragraph\">Under the current Post-9\/11 GI Bill education benefits program, eligible veterans receive 36 months of tuition payouts, housing stipends and other financial assistance. In certain cases, service members can also transfer that benefit to a spouse or dependents for their college classes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to 2019 U.S. Census Bureau data, more than 2.5 million businesses in America are veteran-owned, making up just under 10 percent of all American small businesses. Supporters of the Veterans Entrepreneurship Act say that individuals interested in pursuing that path after military service should not be shut out from using their earned benefits.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cBy helping veterans start businesses, we are investing in America\u2019s best and brightest,\u201d co-sponsor Rep. Lou Correa, D-Calif., said in a statement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWhen our service members transition into civilian life, they bring considerable skills and experiences with them. Veterans know how to manage risk on the battlefield. And that\u2019s what a successful entrepreneur does \u2014 manage risk.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But the idea has faced resistance in the past in part because of already existing federal programs aimed at helping promote veteran entrepreneurship and employment, and in part because of concerns that misuse of the college benefit could result in long-term financial disadvantages for veterans.<\/p>\n\n\n\t<aside class=\"smg-interstitial-link wp-block-smg-interstitial-link\">\n\t\t<a href=\"https:\/\/one.sightlinemg.com\/militarytimes\/news\/pentagon-congress\/2021\/07\/15\/proposal-to-guarantee-minimum-wage-salaries-for-all-troops-fizzles\/\" class=\"smg-interstitial-link__inner\">\n\t\t\t\t\t\t\t<div class=\"smg-interstitial-link__media\">\n\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"225\" src=\"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/AP21158461895430.jpg.jpg?w=300\" class=\"smg-interstitial-link__image wp-post-image\" alt=\"\" \/>\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"smg-interstitial-link__content\">\n\t\t\t\t<span class=\"smg-interstitial-link__kicker\">Related<\/span>\n\t\t\t\t<h3 class=\"smg-interstitial-link__title\">Proposal to guarantee minimum-wage salaries for all troops fizzles<\/h3>\n\t\t\t\t\t\t\t\t\t<p class=\"smg-interstitial-link__excerpt\">House leadership promised to look into the idea of at least $15 an hour in base pay for every service member.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/aside>\n\t\n\n\n<p class=\"wp-block-paragraph\">Lawmakers behind the pilot program proposal countered that by saying all applicants could be required to complete an approved entrepreneurial training program, such as one run by the Small Business Administration or an accredited university.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Following that, participants would have to develop a business plan and submit it to program officials. Payouts would be made in the form of a grant \u201cprovided through installments determined by the milestones a veteran may be required to meet within their approved business plan.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Versions of the idea have made some progress in both the House and Senate in recent years, but have not reached final approval from both chambers. No timeline has been set for a hearing or vote on the new proposal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reintroduced legislation would create a pilot program for a few hundred veterans to get business start-up money through the GI Bill program instead of college tuition payouts.<\/p>\n","protected":false},"author":7,"featured_media":93023,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_meta-robots-noindex":"","_yoast_wpseo_meta-robots-nofollow":"","_yoast_wpseo_canonical":"","_acf":"","_yoast_wpseo_primary_category":12,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_smg_distribution_targets":[]},"categories":[101,12,24,89,26,21],"tags":[],"coauthors":[3328],"class_list":["post-57363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-news-roundup","category-education-transition","category-home","category-middle-column","category-newsletters","category-veterans"],"acf":{"subheadline":"","legacy_arc_id":"DH57323R2ZBXJO6L5GVKEMXTDY","arc_canonical_url":"\/education-transition\/2021\/07\/16\/use-your-gi-bill-benefits-to-start-a-business-lawmakers-push-pilot-program\/","remove_feature_photo":false,"is_sponsored":false,"subtype":"","redirect_url":"","disable_inline_ads":false,"native_logo_pretext":"Presented By:"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.0 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Use your GI Bill benefits to start a business? 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