AFROTC scholarship/ USAA

Discussion in 'ROTC' started by Cjbbugs, May 24, 2016.

  1. Cjbbugs

    Cjbbugs Member

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    Good afternoon,

    DS will be attending UND on a Type 7 AFROTC scholarship. I was trying to be proactive in having him open a USAA checking account so he can deposit (a) any graduation money he gets and (b) his monthly stipend when it starts. However, USAA needs some form of military documentation proving he is who he says he is and truly is in an ROTC scholarship program.

    Does anybody know when documents are signed for the scholarship students? Is it when he arrives at college his freshman year?
     
  2. Sled

    Sled Member

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    I believe that they take the oath and sign their enlisted contract sometime near the start of the school year. Sorry, I can't help with the USAA question. Is he attending UND as in the University of North Dakota?
     
  3. afrotc16

    afrotc16 Member

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    I contracted just before classes started Freshman year (i.e. signed enlistment/contract paperwork and activated scholarship). I don't remember having to send USAA any documentation saying I was a cadet though...maybe it's because my parents were already members, but they were able to update my status over the phone.
     
  4. Cjbbugs

    Cjbbugs Member

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    Correct :)
     
  5. Capri120

    Capri120 Member

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    USAA offers services for current and former military members and their dependents. If you or your spouse are/were military, you can open an account now for your DS. If you are not, then once he is "enlisted", he will be able to open an account, since he should have some form of military credentials.

    Both of our DDs have USAA accounts. Oldest DD has insurance, bank accounts, etc. through USAA due to my and DH's prior AF service. Youngest DD opened accounts several months ago as our dependent, but will soon qualify herself as a USAFA cadet.
     
  6. Cjbbugs

    Cjbbugs Member

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    DS will be the first military member in the family since my dad, and he didn't have an account with USAA.

    Thanks for the info, sounds like he's in limbo with the account until he starts school.
     
  7. Capt MJ

    Capt MJ Member

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    If your dad, a vet, is still living , he is eligible for USAA, no matter whether he was officer or enlisted, or length of service. All he needs is one auto or property policy, and his adult children (you) can gain full access to products and services, and then your children are eligible. The property policy can be as small as a small valuable personal property policy on an antique watch, and that is sufficient to establish membership. In USAA, full membership and pass-down eligibility stems from having an auto or property policy. The military member starts the chain of generational eligibility. USAA adjusted its charter to accommodate all veterans just a few years ago, for both business reasons and right-thing-to-do reasons. It had opened to all enlisted personnel in the late 90's, to counteract the effects of the declining officer population as WWII, Korean War and Vietnam War-era officers aged out, and because enlisted personnel in the middle pay grades and senior had comparable risk rates to officers of the same age.

    If your dad is no longer with you, my sympathies.

    I used to work for USAA until last year, but of course a call to them will provide official answers.
     
    Cjbbugs and wildcatmom like this.
  8. zrxkuma

    zrxkuma Member

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    your son can doesn't have to be in limbo, his stipend sent to any bank, doesn't have to be a USAA bank.
     

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