Last updated April 25, 2024
Given that there are two different backends for direct deposit — one for direct deposit for compensation & pension payments and one for direct deposit for edu — there is some (understandable) confusion on which benefits use which direct deposit mechanism. Here is a list of what we know as of now:
- Disability benefits: Uses direct deposit for compensation & pension benefits.
- Pension benefits: Uses direct deposit for for compensation & pension benefits.
- Most education benefits: Uses direct deposit for edu benefits.
- STEM (education) benefits: This is an outlier that uses direct deposit for compensation & pension benefits despite being an education benefit. This was confirmed by Joseph Preisser of VBA via email on 3.24.21.
- VETTEC (education) benefits: This is another outlier that uses direct deposit for compensation & pension benefits despite being an education benefit. This was confirmed by Joseph Preisser of VBA via email on 3.24.21.
- Montgomery GI bill
- travel benefits