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Story August 9, 1955

The Key West Citizen

Key West, Monroe County, Florida

What is this article about?

V.S. Parker reminds WWII veterans in Florida of GI Bill deadlines: one year from July 25, 1956, to complete training; two years to apply for loans ending July 25, 1957. Includes stats on program usage and exemptions for certain enlistees.

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THE VETERANS CORNER

World War II veterans in Florida have one year from July 25 in which to complete GI training and two years in which to apply for GI loans, they were reminded today by V.S. Parker, manager of The Miami Regional Office.

July 25, 1956, marks the end of the education program for all but a few of the World War II veterans now in training under the original GI Bill.

GI training payments to schools and veterans will stop on that date even though a veteran may still have unused training entitlement or be in the middle of a course.

The GI loan program, now at peak activity, has two more years to run, coming to an end for practically all World War II veterans on July 25, 1957.

The small group of veterans exempt from these two deadlines are those who enlisted or re-enlisted under the Armed Forces Voluntary Recruiting Act between October 6, 1945 and October 5, 1946. These veterans have nine years from the end of their enlistment or re-enlistment to finish GI training and ten years to apply for GI loans.

More than 90 per cent of the loans—3,750,000—were for the purchase of homes. Business loans totalled 220,000 and farm loans numbered 67,000.

More than 7,800,000—or half of all who served in World War II—received some sort of education or training under the GI Bill since 1944.

The peak of the GI Bill education and training program was reached in 1947 when more than 2,500,000 World War II veterans were in schools, on-the-job training establishments, or on farms throughout the country.

Only about 138,000 World War II veterans are still in training under the original GI Bill.

What sub-type of article is it?

Historical Event

What themes does it cover?

Triumph

What keywords are associated?

Gi Bill World War Ii Veterans Training Deadline Loan Program Veterans Benefits

What entities or persons were involved?

V.S. Parker

Where did it happen?

Florida, Miami Regional Office

Story Details

Key Persons

V.S. Parker

Location

Florida, Miami Regional Office

Event Date

July 25, 1956; July 25, 1957

Story Details

Reminder of GI Bill deadlines for WWII veterans: training ends July 25, 1956 (one year to complete from article date); loans end July 25, 1957 (two years to apply). Exemptions for certain enlistees. Stats: 7.8M trained, peak 2.5M in 1947, 138K still training; loans mostly for homes.

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