This Act may be cited as the Servicemember Retention and Education Advancement Act.

(a) Study The Secretary of Defense shall conduct a study on the feasibility and advisability of establishing a uniform policy to provide tuition assistance to all members of the Armed Forces who complete one year of service on active duty. (b) Report Not later than one year after the date of the enactment of this Act, the Secretary shall submit to the congressional defense committees (as defined in section 101(a) of title 10, United States Code) a report containing the results of the study required by subsection (a), including an identification of any barriers to implementing the policy described in such subsection.