Public Service Educational Assistance Act

(a) Establishment. The Secretary shall establish a Public Service Educational Assistance Program to provide educational assistance to each dependent of each public service employee who, on or after the effective date of this Act, has at least 20 years of service as a public service employee, in the aggregate, and who was a public service employee on the date of enactment of this Act, or began service as a public service employee after the date of enactment of this Act.

(b) Educational assistance. Educational assistance provided to a dependent under this Act—

(1) shall be in an amount that covers the cost of tuition, fees, and books for a program of study at an applicable postsecondary educational institution located in a State where a dependent is eligible to receive in-State tuition; and

(2) may be provided for not longer than 4 academic years.