Amends requirements for the Post-9/11 Veterans Educational Assistance Program to entitle an eligible veteran of the Armed Forces (including eligible dependents) pursuing a full-time educational program of apprenticeship or other on-job training to a monthly benefit payment equal to: (1) 85% of the national average cost of tuition at an institution of higher education for each of the first six months of the program; (2) 65% of such amount for each of the second six months of the program; and (3) 45% of such amount for each of the months following the first 12 months of the program.
Reduces the payment an individual receives in any month in which the individual fails to complete 120 hours of training under the program of education.