A bill to amend title 38, United States Code, to increase the rates of subsistence and educational assistance allowance for veterans pursuing vocational rehabilitation programs under chapter 31 and for veterans and eligible persons pursuing programs of education or training under chapters 34, 35, or 36 and for other purposes.

Increases the rates of educational and subsistence allowances for eligible veterans and their dependents and survivors. Increases the amount of reporting fee per participating veteran or other eligible person payable to an educational institution. Increases the amount a veteran or other eligible person may borrow for education in any one regular academic year.