To amend title 38, United States Code, to provide for the crediting of tuition payments and other fees paid to an educational institution by a member of the Selected Reserve who has to withdraw from that educational institution as a result of being called to active duty in the Armed Forces and for readmission of the member to that educational institution.

Requires every educational institution that offers courses of study approved for armed forces' or veterans' educational assistance programs under the Montgomery GI Bill to: (1) credit or reimburse each member of the Selected Reserve the entire amount of tuition and fees paid by the reservist to the institution with respect to a course which the reservist is unable to complete because of being ordered to active duty; and (2) provide, upon request, for the readmission of such reservist after completion of such active duty in the same status held before such withdrawal.