Yellow Ribbon Program funds; allow nonresident veterans to fully participate and receive.

Clarified that nonresident veterans and persons entitled to education benefits under Title 38 can fully participate in the Yellow Ribbon Program and receive associated funds.

Updated eligibility criteria to specify that nonresident students must be either veterans defined under Title 38 or persons entitled to education benefits under Title 38.

Added exclusion for nonresident students enrolled in professional schools or colleges unless they must be charged tuition equal to the amount established under subsection (1).

Modified the definition of covered individuals under Section 702 of the Veterans Access, Choice and Accountability Act of 2014.

Clarified that state institutions must participate in the Yellow Ribbon Program and provide scholarships to allow nonresident veterans to pay tuition equal to resident amounts.

Added requirement that tuition waivers for nonresident students must be administered in a manner necessary to obtain or retain approval from the U.S. Department of Veterans Affairs.

Minor formatting and structural changes to the bill text including updated headers and section numbering.