I knew this was coming. My daughter received Post 911 GI Bill benefits for her tuition and fees this year. She originally signed up for 18 credit hours, then added one hour, which then she eventually dropped. Actually, that one extra credit hour may not have been the same class, but tuition wise it is the same.
The VA, who provides this benefit, is a little slow to catch up to the changes. They originally paid benefits for 18 credits in August, which was perfect and what we wanted. But then they were notified of the new hour and sent that extra funds in November, to the tune of $400.87. But now they are up to date with the fact that my daughter dropped that last hour and are telling us we owe them money. Perfectly find and expected.
The amount they indicate we owe is $483.37. The breakdown they provide makes no sense and I can't get the math to work. I'll have my husband make a phone call. It is probably correct, but it annoys me I can't follow how they came up with that number.
They state tuition and fees charged:
19 hours $5,846.75
18 hours $5,575.50
This is a difference of $271.25
But they state total overpayment is $487.37
Tuition and fees overpayment $245.30
Yellow Ribbon Program overpayment $238.07
Yellow Ribbon is a program that pays the overage for out of state tuition. GI Bill pays in state, Yellow Ribbon pays out of state portion (or maybe half, and the university may waive the other half).
The payment the University received in November for the extra credit hour showed up on my daughters bill as two credits.
VA Chapter 33 $203.44
VA Yellow Ribbon $197.87
This is $400.87 and the amount we received from the University as a refund.
I knew this was an overpayment by the VA when we received it and I expected they would be asking for it back. But the amount doesn't match! The amount is MORE than what they appear to have paid the University. In the end I'll probably just pay the whole thing knowing they are probably right. Overall we have received very good benefits and if another $82.50 has to go back to them, it's still been worth it. If I had to guess it may have to do with fees associated with the dropped class...but I still can't figure out the math.
The VA is VERY bad at communicating the financials of these benefits. You can find nothing online. And the statements received are so odd and don't add up.
Thanks for listening! Again at most $82.50 we pay back may not be correct. But maybe it is.
We Owe The Government
December 17th, 2018 at 05:41 pm
December 18th, 2018 at 03:11 am 1545102661
December 18th, 2018 at 03:17 am 1545103021