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How much is a naval academy scholarship worth?

How much is a naval academy scholarship worth?

The United States Naval Academy (USNA) is one of the most prestigious and challenging academic institutions in the world, attracting top talent from all over the country. While the rigors of joining the United States Navy through the naval academy are known, another significant aspect to consider is the financial award that accompanies admission. For prospective naval academy students and their families, understanding the value of a naval academy scholarship can be crucial.

Introduction

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The naval academy’s scholarship program offers an astounding amount of funding to select students, ranging from free tuition to housing, fees, and meals. While the exact scholarship package can vary depending on several factors, we aim to outline the average breakdown and components of a USNA scholarship.

Automatic Scholarships

Upon accepting an admission offer, a newly-enrolled midshipman automatically qualifies for a Free Full Tuition Scholarship, worth a staggering ~ $70,000 per year (~ $245,000 total, over four years).

This scholarship encompasses books, supplies, and other educational expenses as well as room and board arrangements, reducing the overall educational burden.

Additional Tuition Exemptions

USNA students also have access to additional tuition exceptions:

* Sea year, Summer Training Exercises (Summer STE)** – covering education expenses during designated naval-related activities.

  • Other professional development experiences, as authorized by Navy directives.**

Totaling approximately $13,500 per year, over four years_ (52,000* over total duration).
The Total Annual Value stands at roughly
$183,000 (~740,000 over four years for an automatic-free-tuition scholarship.

Living Stipend, Room & Board

Naval academy scholarships also cover costs for accommodation and living essentials, consisting of:

An annual living stipend ($1,050 for the 2019 academic year) of roughly $4,000 annually<, covering meal plan,
Roo$$ & Board facilities**

YearAverage Monthly stipendApprox Total Annual costExplanation
2017-2021– $125.00 for Summer STE / per month ($125/year)(total around $900 or $150 per 150/
18,750)monthly Free Full Tuition Scholar-

With this stipend component, approximately $36,200 over a 4-year period> for boarding, meals

Breakdown of Benefits:

Table: Breakdown of Average Benefits for U.S. Naval Academy Student:

Auto-free ScholarshipAverage

  • | (FST) Free Scholarship (Per Year) || $68, 250

|
| **
1 |

  • Year-Ly *| Auto-FST per-_
  • Free

| STB) |||||


    • Free
      ||

  • STB
    = *
    **
    **~

A comprehensive breakdown illustrating the sheer magnitude of potential cost reductions and financial burden relief a USNA student might be entitled to lies at *~80%,<

Midshipman Pay

Before becoming part of the Royal Navy service, midshipmen who accept a tuition exemption continue to receive, under specified circumstances,:

Per monthEstimated Full-yearApprox_Total** (USD)

$500 monthly
,**

*~*1,$

Financial Implication:

Taking all-inclusive benefits— tuition stipend, Summer Training
*Experienc|
| –
Es, and Monthly • Stil*

Impression Statement:

Key Features:

• Scholarship offers complete free
tueition

< Free> (approx-)

|

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**
Total (approx- _)_

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**Approx.
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