1.This Act may be cited as the
Franchise Education for Veterans
Act
.
2.Use of educational
assistance for franchise training
(a)
(1)Subparagraph (C) of
section 3002(3) of title 38, United States Code, is amended to read as
follows:
(C)in the case of an individual who is
not serving on active duty, includes—
(i)a full-time program of
apprenticeship or of other on-job training approved as provided in paragraph
(1) or (2), as appropriate, of section 3687(a) of this title;
(ii)a cooperative program (as defined
in section 3482(a)(2) of this title); and
(iii)a training program at a training
establishment described in section 3452(e)(2) of this title that—
(I)is approved for purposes of chapter 32 or
34 of this title; and
(II)is
for a franchise (as defined in section 436.1 of title 16, Code of Federal
Regulations).
.
(2)Section 3032 of such title is amended by
adding at the end the following:
(h)(1)Subject to paragraphs (3) and (4), the
amount of educational assistance payable under this chapter for a program of
education consisting of a training program at a training establishment
described in section 3452(e)(2) of this title shall be, with respect to any
12-month period in which such training is pursued, the lesser of the
following:
(A)The sum of—
(i)the fees assessed by the training
establishment concerned for the training;
(ii)a monthly housing stipend for each month
(or pro rata amount for each partial month) of training pursued equal to the
monthly amount of the basic allowance for housing payable under section 403 of
title 37 for a member with dependents in pay grade E–5 residing in the military
housing area that encompasses all or the majority portion of the ZIP code area
in which is located the training establishment; and
(iii)a monthly stipend in an amount equal to $83
for each month (or pro rata amount for each partial month) of training pursued
for books supplies, equipment, and other educational costs.
(B)$15,000.
(2)The number of months of entitlement
charged in the case of any individual for a training program described in
paragraph (1) is equal to the number (including any fraction) determined by
dividing the total amount of educational assistance paid such individual for
such program by the full-time monthly institutional rate of educational
assistance such individual would otherwise be paid under subsection (a)(1),
(b)(1), (d), or (e)(1) of section 3015 of this title, as the case may
be.
(3)(A)In no event shall
payment of educational assistance under this subsection for training described
in paragraph (1) exceed the amount of the individual's available entitlement
under this chapter.
(B)With respect to an individual entitled to
educational assistance under this subsection who is not described in subsection
(a)(1) or (c)(1) of section 3015 of this title, the Secretary shall adjust the
amount payable under paragraph (1) by an amount determined by the Secretary to
reflect the difference in the rate of educational assistance such individual
would be paid under such section as compared to the rate an individual
described in subsection (a)(1) or (c)(1) of such section would be paid under
such section.
(4)A
veteran may not receive—
(A)more than 12 months of educational
assistance under this subsection; and
(B)a total amount of educational
assistance under this subsection that is more than
$15,000.
.
(b)
(1)Section 3313(b) of
such title is amended by striking the period at the end and inserting ,
including a training program described in section 3002(3)(C)(iii) of this
title.
.
(2)Section 3313(g)(3)
of such title is amended by adding at the end the following new
subparagraph:
(E)Subject to clauses (ii) and (iii), in the
case of an individual pursuing a program of education consisting of a training
program at a training establishment described in section 3452(e)(2) of this
title, amounts, with respect to any 12-month period in which such training is
pursued, as follows:
(i)An amount equal to
the lesser of—
(I)the sum of—
- (aa)the fees assessed by the training
establishment concerned for the training;
- (bb)a monthly housing stipend for each month
(or pro rata amount for each partial month) of training pursued equal to the
monthly amount of the basic allowance for housing payable under section 403 of
title 37 for a member with dependents in pay grade E–5 residing in the military
housing area that encompasses all or the majority portion of the ZIP code area
in which is located the training establishment; and
- (cc)a monthly stipend in an amount equal to $83
for each month (or pro rata amount for each partial month) of training pursued
for books supplies, equipment, and other educational costs; or
(II)$15,000.
(ii)In the case of an
individual entitled to educational assistance by reason of paragraphs (3)
through (8) of sections 3311(b), the amounts payable pursuant to clause (i)
shall be the amounts otherwise determined pursuant to such clause multiplied by
the same percentage applicable to the monthly amounts payable to the individual
under paragraphs (2) through (7) of subsection (c).
(iii)A veteran may
not receive—
(I)more than 12
months of educational assistance under this subsection; and
(II)a total amount of educational assistance
under this subsection that is more than
$15,000.
.
(3)Section
3313(g)(4)(C) of such title is amended by adding at the end the
following:
(iii)Payment for the amount payable under
paragraph (3)(E) for pursuit of a program of education consisting of a training
program at a training establishment described in section 3452(e)(2) of this
title shall be paid to the individual upon the Secretary receiving a
certification of enrollment with respect to the individual made by such
establishment.
.