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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) With respect to any fiscal year, the Secretary shall provide a percentage increase in the rates payable under sections 3532, 3534(b), and 3542(a) of this title equal to the percentage by which--
(1) the Consumer Price Index (all items, United States city average) for the 12-month period ending on the June 30 preceding the beginning of the fiscal year for which the increase is made, exceeds
(2) such Consumer Price Index for the 12-month period preceding the 12-month period described in paragraph (1).
(b) Any increase under subsection (a) in a rate with respect to a fiscal year after fiscal year 2004 and before fiscal year 2014 shall be rounded down to the next lower whole dollar amount. Any such increase with respect to a fiscal year after fiscal year 2013 shall be rounded to the nearest whole dollar amount.
Cite this article: FindLaw.com - 38 U.S.C. § 3564 - U.S. Code - Unannotated Title 38. Veterans' Benefits § 3564. Annual adjustment of amounts of educational assistance - last updated January 01, 2024 | https://codes.findlaw.com/us/title-38-veterans-benefits/38-usc-sect-3564/
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