Page:United States Statutes at Large Volume 115 Part 1.djvu/1002

 115 STAT. 980 PUBLIC LAW 107-103—DEC. 27, 2001 38 USC 3013 (e) EFFECTIVE DATE. —The amendments made by this section note. shall take effect as of September 11, 2001. SEC. 104. ACCELERATED PAYMENTS OF EDUCATIONAL ASSISTANCE UNDER MONTGOMERY GI BILL FOR EDUCATION LEADING TO EMPLOYMENT IN HIGH TECHNOLOGY INDUSTRY. (a) IN GENERAL.—(1) Chapter 30 is amended by inserting after section 3014 the following new section: "§3014A. Accelerated payment of basic educational assistance for education leading to employment in high technology industry "(a) An individual described in subsection (b) who is entitled to basic educational assistance under this subchapter may elect to receive an accelerated payment of the basic educational assistance allowance otherwise payable to the individual under section 3015 of this title. "(b) An individual described in this subsection is an individual who is— "(1) enrolled in an approved program of education that leads to employment in a high technology industry (as determined pursuant to regulations prescribed by the Secretary); and "(2) charged tuition and fees for the program of education that, when divided by the number of months (and fractions thereof) in the enrollment period, exceeds the amount equal to 200 percent of the monthly rate of basic educational assistance allowance otherwise payable to the individual under section 3015 of this title. "(c)(1) The amount of the accelerated payment of basic educational assistance made to an individual making an election under subsection (a) for a program of education shall be the lesser of— "(A) the amount equal to 60 percent of the established charges for the program of education; or "(B) the aggregate amount of basic educational assistance to which the individual remains entitled under this chapter at the time of the payment. "(2) In this subsection, the term 'established charges', in the case of a program of education, means the actual charges (as determined pursuant to regulations prescribed by the Secretary) for tuition and fees which similarly circumstanced nonveterans enrolled in the program of education would be required to pay. Established charges shall be determined on the following basis: "(A) In the case of an individual enrolled in a program of education offered on a term, quarter, or semester basis, the tuition and fees charged the individual for the term, quarter, or semester. "(B) In the case of an individual enrolled in a program of education not offered on a term, quarter, or semester basis, the tuition and fees charged the individual for the entire program of education. "(3) The educational institution providing the program of education for which an accelerated payment of basic educational assistance allowance is elected by an individual under subsection (a) shall certify to the Secretary the amount of the established charges for the program of education.

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