Armament Graduate School Act This bill provides authority to the United States Army Armament Graduate School to grant degrees. A degree conferred by the school shall meet the following conditions: it must be approved by the Department of Education in accordance with the Federal Policy Governing Granting of Academic Degrees by Federal Agencies, and the school must be accredited by the appropriate civilian accrediting agency or organization to award the degree. The establishment and modification of degree-granting authority are subject to certain congressional notification processes.