{"id":8349,"date":"2024-02-22T17:00:00","date_gmt":"2024-02-22T17:00:00","guid":{"rendered":"https:\/\/itsveterans.com\/?p=8349"},"modified":"2024-02-22T17:00:00","modified_gmt":"2024-02-22T17:00:00","slug":"g-i-bill-students-receiving-more-than-one-monetary-benefit-check-your-direct-deposit-on-va-gov","status":"publish","type":"post","link":"https:\/\/itsveterans.com\/?p=8349","title":{"rendered":"G.I. Bill students: Receiving more than one monetary benefit? Check your direct deposit on va.gov"},"content":{"rendered":"

Originally published:<\/strong> 2024-02-22T17:00:00+00:00. Historical source article: benefits, rules, amounts and deadlines may have changed. Check the official source for current information.<\/p>\n

Some students receive benefit payments to two banking accounts, but VA needs all students to consolidate their payments into one direct deposit account to help protect from fraud and to ensure VA pays Veterans on time, every time, without error.\u00a0<\/p>\n

If you\u2019re a G.I. Bill beneficiary who also receives other benefits, you need to ensure you have a single bank account selected for direct deposit by April 20.<\/p>\n

If you received a notification via text message or email, please take action by April 20. If you do not receive a notification, you are not impacted.\u00a0<\/p>\n

Always be cautious about communications asking you to update your information. Always go only to our official VA website at\u00a0https:\/\/www.va.gov. We\u2019ll never send you to another site to update your information. And never select a link from an email without checking it first. Hover your cursor or assistive device over any links without selecting them. Read or listen to the URL to make sure the link goes to the destination you\u2019re expecting.<\/p>\n

The easiest way to make this change is to logon to\u00a0Change Your VA Direct Deposit Information | Veterans Affairs<\/a>.\u00a0When you get to the pay information, there will be a box for the bank account information of your education benefits, and a box for the bank account information for the other benefit you receive. You should update the bank account information to use the same account for all benefits.\u00a0<\/p>\n

Changing payment information is an individual, self-serve process. Follow these steps:<\/h2>\n
    \n
  1. Sign into VA.gov with a verified\u00a0Login.gov\u00a0or\u00a0ID.me\u00a0account.<\/li>\n
  2. Go to the\u00a0Direct deposit information\u00a0section of your\u00a0VA.gov profile.\u00a0<\/li>\n
  3. Check their direct deposit information for all benefit payments to make sure the same account is listed for all.<\/li>\n<\/ol>\n