To amend titles 38 and 10, United States Code, to authorize accelerated payments of educational assistance to certain veterans and members of the reserve components of the Armed Forces.

Amends federal provisions concerning the provision of educational assistance for veterans and members of the reserves to allow an individual eligible for such assistance to be paid on an accelerated basis if: (1) the individual is enrolled in an approved program of education; (2) the Secretary of Veterans Affairs (VA) or of the military department concerned (in case of a reserve member) has not paid the established charges to the institution of higher learning within seven days after the academic quarter, semester, or term begins; and (3) failure to pay the established charges is through no fault of the individual. Requires: (1) the institution to certify the amount of established charges; (2) payment of the accelerated amount within 14 days after receipt of such certification; and (3) individuals to be charged against their educational assistance entitlement for any accelerated payments received.