A bill to amend title 38, United States Code, to treat individuals who had commenced the third academic year as a cadet or midshipman at one of the service academies before January 1, 1977, as veterans of the Vietnam era for purposes of eligibility for educational assistance under chapter 34 of such title.

Redefines "eligible veterans" for purposes of determining eligibility as a Vietnam veteran for educational assistance to include any individual who had commenced the third academic year as a cadet or midshipman at one of the service academies before January 1, 1977, if the individual: (1) graduated from such academy; (2) served on active duty for more than 180 days after graduation; and (3) was discharged or released from active duty under conditions other than dishonorable.

Sets forth provisions governing the transition to such educational assistance program for veterans enrolled in the educational assistance program for post-Vietnam era veterans. Requires an eligible veteran electing to make such transition to file such election with the Veterans Administration before the expiration of the G.I. Bill.