A bill to amend chapter 34 of title 38, US code, to extend the time period within which veterans may be entitled to educational assistance under such chapter after their discharge or release from active duty.

Authorizes the Administrator of Veterans' Affairs to extend the time period (for not more than four years) within which veterans may be entitled to educational assistance after their discharge or release from active duty. (Amends 38 U.S.C. 1662(a))