(1) he has been certified by the Veterans' Administration as eligible for career and technical or academic training under the G.I. Bill of Rights or any other Federal law granting educational benefits to veterans;
(2) there is a vacancy in the accredited school he expects to attend and that he has been duly accepted for enrollment; and
(3) he has resided within the Virgin Islands at least one year prior to his entry into the armed forces of the United States.