# Increase in Rates Payable Under the Montgomery GI Bill-Selected Reserve
> **US Department of Defense** · Final rule. · Published 2003-07-21 · Effective 2003-07-21 · 68 FR 42977
## Document
- **Document number:** 03-18435
- **Category:** other
- **Sub-agency:** US Department of Defense
- **Federal Register citation:** 68 FR 42977
- **CFR reference:** 38 CFR 21
- **Publication date:** 2003-07-21
- **Effective date:** 2003-07-21
## Abstract

By statute, the monthly rates of basic educational assistance payable to reservists under the Montgomery GI Bill--Selected Reserve must be adjusted each fiscal year. In accordance with the statutory formula, the regulations governing rates of basic educational assistance payable under the Montgomery GI Bill--Selected Reserve for Fiscal Year 2003 (October 1, 2002, through September 30, 2003) are changed to show a 1.5% increase in these rates.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2003/07/21/03-18435/increase-in-rates-payable-under-the-montgomery-gi-bill-selected-reserve)
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