Future sailors, prior service members eligible for bonuses and loan repayment up to $115,000

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According to a message released by Navy Recruiting Command, prospective sailors and former service members, whether Navy veterans or other service veterans (NAVET/OSVET), are now eligible for enlistment bonuses and student loan repayments of up to $115,000.

“The current maximum enlistment bonus is $50,000 and the maximum loan repayment is $65,000,” said Rear Admiral Lex Walker, commander of Navy Recruiting Command. “They’re not mutually exclusive, so if a future sailor maxes out both, that’s a life-changing $115,000 and the opportunity to serve in the best navy in the world.”

To qualify for the bonuses, prospective sailors and NAVET/OSVET candidates must be able to ship by September 30, 2022.

NAVET/OSVET applicants must enter active duty in pay grade E-4 or lower, meet specific bonus eligibility, and not have received a bonus when first enlisted.

NAVETS are applicants whose last period of active duty or active duty for training (AD/ACDUTRA) was in the U.S. Navy or U.S. Navy Reserve, were discharged or discharged more than 24 hours, and who have completed a minimum of 12 consecutive weeks of AD / ACDUTRA. OSVETs are candidates whose last AD/ACDUTRA tour was in a branch of service other than the US Navy (Army, Air Force, Space Force, Marine Corps, Coast Guard) meeting the same requirements.

“If you are a sailor, sailor, airman, soldier, guardian or coast guard who has recently separated, this is an unprecedented opportunity,” Walker said. “And if you have student loan debt, you may be eligible for the loan repayment program if you ship in any month of any fiscal year while the program remains active.”

NAVETS returning to active duty do not undergo Navy recruit training, but are ordered to recruit Great Lakes Training Command for ongoing processing, while OSVETs are not required to undergo Navy recruit training. Navy recruit training, but must complete a three-week Naval Orientation Course at the RTC. Big lakes. They must pass the same evolutions that a typical recruit at boot camp would complete, such as ship handling, live fire, swimming skills, and firefighting.

The message also has something new for high school students. The EB High School (EBHS) Active Component includes $10,000 available to high school students who enter the Deferred Entry Program by October 31, 2022 and graduate from high school before shipping in July 2023.

For more information on premiums and the NAVET/OSVET program, visit www.marine.com to find a local recruiter.

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