INCREASE IN RATES OF BASIC EDUCATIONAL ASSISTANCE UNDER MONTGOMERY GI BILL.

SEC. 101. INCREASE IN RATES OF BASIC EDUCATIONAL ASSISTANCE UNDER MONTGOMERY GI BILL. (a) In General.—(1) Paragraph (1) of section 3015(a) is amended to read as follows: “(1) for an approved program of education pursued on a full-time basis, at the monthly rate of— “(A) for months beginning on or after January 1, 2002, $800; 115 STAT. 978 “(B) for months occurring during fiscal year 2003, $900; “(C) for months occurring during fiscal year 2004, $985; and “(D) for months occurring during a subsequent fiscal year, the amount for months occurring during the previous fiscal year increased under subsection (h); or”. (2) Paragraph (1) of section 3015(b) is amended to read as follows: “(1) for an approved program of education pursued on a full-time basis, at the monthly rate of— “(A) for months beginning on or after January 1, 2002, $650; “(B) for months occurring during fiscal year 2003, $732; “(C) for months occurring during fiscal year 2004, $800; and “(D) for months occurring during a subsequent fiscal year, the amount for months occurring during the previous fiscal year increased under subsection (h); or”. (b) CPI Adjustment.—No adjustment in rates of educational assistance shall be made under section 3015(h) of title 38, United States Code, for fiscal years 2003 and 2004.