The Veterans Retraining Assistance Program (VRAM) offers 12 months of training assistance in high-demand occupations to veterans who meet certain criteria regarding age, employment and compensation. From July through September, the program can accept 45,000 participants. Between October and March 2013, 54,000 participants can qualify. The monthly full payment rate currently is set at $1,473 per month. The U.S. Department of Labor will offer employment assistance to every participating veteran upon completion of training.
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