All Volunteer Force Educational Assistance Act of 1980

[AI summary unavailable — showing source text] All-Volunteer Force Educational Assistance Act of 1980 - Establishes a program of educational assistance for men and women who enter active duty in the armed forces after June 30, 1981. Defines an eligible veteran for such program as one who: (1) serves on active duty for three or more consecutive years; or (2) serves an obligated period of active duty for three or more consecutive years which began after June 30, 1981. Entitles an eligible veteran to basic educational assistance if such veteran is pursuing a program of education on a full- time basis. Authorizes the Administrator of Veterans' Affairs to reduce rates of assistance appropriately if such veteran is pursuing a program of education on less than a full-time basis. Entitles an eligible veteran to supplemental educational assistance if such veteran: (1) has served six or more consecutive years in the armed forces; or (2) has served four or more consecutive years and has been accepted for service in a component of the Ready Reserve. Excludes the periods of service for basic educational assistance from being counted for entitlement to supplemental assistance. Allows such veterans to receive both types of assistance concurre…