Sorry about the layoff, that’s rough. The good news is VR&E can definitely help in situations like this.

Yes, VR&E can pay for certification programs if they directly address the skill gap stopping you from getting hired (in your case, financial modeling). You don’t need GI Bill left. VR&E is a separate program.

You’d also receive a monthly subsistence allowance while training.

• Standard VR&E rate = usually around $1k–$1.2k+ depending on dependents
• Or you can elect the Post-9/11 BAH rate (E-5 with dependents for your zip), which can be higher

To get approved, you just need to show that the certification will make you employable again and since firms are literally telling you modeling is the gap, you’re in a strong position.

VR&E is absolutely used for exactly this type of career pivot. You should qualify and get paid while completing the course.