What happens if a member is not eligible to receive the entire award offered for a term of service, based on the value of awards previously awarded?
To ensure that no individual receives more than the value of 2 full-time education awards, an individual who, based upon the aggregate value of education awards previously received, is not eligible to receive the entire award amount offered for a term of service, will instead receive the portion of the education award that he or she is eligible to receive. The award will be reduced to correspond to the remaining value of the education award for which the individual is eligible. The amount of the award in this case is determined using this formula: (2 minus the aggregate value of education awards previously received) X (the amount of a full-time education award in the year the position is approved) For example, a member has received a half-time education award and a full-time education award. The aggregate value of these awards is 1.5. The member may receive an education award of .5 X the amount of a full-time education award in the year the members position is approved. 6. What happens
Related Questions
- When will members be able to enroll for a third or fourth term without award, or for a an education award that is reduced based on aggregate value of education awards received in the portal?
- I noticed that a grant has ended but the grantee did not use the entire award amount. What happens to the "leftovers"?
- Am I eligible to file Form Application for Naturalization (Form N-400) based on qualifying military service?