VA Benefits – Avoiding Overpayments
Posted: July 16, 2013 at 10:50 am, Last Updated: August 7, 2013 at 11:52 am
An overpayment is an incorrect benefit payment that is more than the amount to which you are entitled. If you promptly notify the VA of changes affecting your benefits, you can prevent or reduce overpayments.
In addition, use reasonable judgment when you accept and cash a check. Carefully read all letters from the VA about the monthly rates and effective dates of your benefits. If you think the amount of a payment is wrong, contact the VA before using funds from the payment. The VA will tell you how to return your incorrect payment. If you cash a check for the wrong amount, or receive an incorrect deposit into your bank account, you will be liable for repayment of any resulting overpayment.
For Chapter 33 students, if VA makes an excess payment of tuition and fees to Student Accounts you will be liable for repayment of the excess amount.
Posted in: Veterans