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Unemployed Veterans who are between the ages of 35 and 60 may be eligible for up to 12 months of training assistance through the Veterans Retraining Assistance Program (VRAP). This program, jointly administered by VA and the Department of Labor (DOL), will provide training for high-demand jobs to 99,000 Veterans over a two-year period beginning on July 1, 2012.
 
 
Applications will be accepted beginning on May 15, 2012. Participants will receive a monthly payment equal to the full-time rate under the Montgomery GI Bill–Active Duty program (currently $1,473 per month). DOL will offer employment assistance to every Veteran who participates or applies.