 The value of each veteran's "credit" was based on each recipient's service in the United States Armed Forces between April 5, 1917, and July 1, 1919, with $1.00 awarded for each day served in the United States and $1.25 for each day served abroad.It set maximum payments at $500 (approximately $7,250 in 2018 dollars) for a veteran who served stateside and $625 for a veteran who served overseas.Most officers and anyone whose service began after November 11, 1918, were excluded.