Veterans and Dependents Millennium Education Act

[AI summary unavailable — showing source text] Veterans and Dependents Millennium Education Act - Increases as of October 1, 2002, the rates of veterans' basic educational assistance under the Montgomery GI Bill. (Sec. 3) Authorizes participants in the Veterans Educational Assistance Program who have continuously served on active duty since October 9, 1996, to enroll in the Montgomery GI Bill program. Provides a one- year enrollment period. Requires monthly pay reductions to cover program costs. (Sec. 4) Increases the rates of veterans' survivors and dependents educational assistance, as well as assistance for correspondence courses, special restorative training, and apprenticeship training. Authorizes the Secretary of Veterans Affairs to annually increase such amounts by the percentage increase in the Consumer Price Index. (Sec. 5) Revises the effective date for the award of survivors and dependents educational assistance with respect to survivors or dependents of individuals receiving a veterans' disability rating who apply for such assistance within one year after the rating decision, even though such assistance is for a program of education for months preceding such rating. (Sec. 6) Authorizes the payment of basic education…