Navy offers future sailors, veterans up to $115,000 in enlistment, loan repayment incentives
By Diana Stancy Correll
Thursday, Aug 11
Future sailors and veterans who agree to re-up can combine the maximum enlistment bonus with a maximum student loan repayment — to cap out at $115,000 — provided they enlist or reassess into active duty and can ship out before the end of September.
The Navy, which raised the maximum enlistment bonus to $50,000 in February, said the incentives aim to attract the “highest quality of recruits,” and come as all the services struggle to hit recruitment quotas this fiscal year.
“The maximum current enlistment bonus is $50,000, and the maximum loan repayment is $65,000,” Rear Adm. Lex Walker, the head of Navy Recruiting Command, said in a news release. “They are not mutually exclusive, so if a Future Sailor maximizes both, that adds up to a life-altering $115,000, and the opportunity to serve in the world’s finest Navy.”
https://www.navytimes.com/news/your-navy/2022/08/11/navy-offers-future-sailors-veterans-up-to-115000-in-enlistment-loan-repayment-incentives/
