
Veterans Educational Assistance Program (VEAP)
The Veterans Educational Assistance Program (VEAP) is a federal program that allows military service members to save part of their military pay to help pay for college or training programs. Service members contribute a portion of their pay, and the government matches these contributions at a specific rate. After completing their service, participants can use the accumulated funds to cover educational expenses such as tuition, books, and supplies. VEAP is an opportunity for eligible military personnel to finance their education through a combination of personal savings and government support.