What is the annual budget for the VET TEC Program and what happens when the budget is reached?
VET TEC is subject by law to a $45 million annual budget. In the event that the annual budget cap is hit, VA will no longer accept new VET TEC student enrollments until additional funding is secured or the new fiscal year starts on October 1. However, if the budget is still available a student’s full-tuition coverage is secure the moment the student is certified within the VA System which is allowable no more than 30 days before the cohort start date. Your admissions coordinator will alert you as quickly as possible if the budget has been met for the fiscal year and will work quickly to help you understand your options.