How to determine the value of an AROTC scholarship?

Discussion in 'ROTC' started by FutureLieutenant, Feb 7, 2010.

  1. FutureLieutenant

    FutureLieutenant New Member

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    I recently received an AROTC scholarship. My friends keep asking me "how much is it worth!?" and I can't really give them a straight answer, because I'm not sure of the exact value. Would this be the correct way to determine it's value?

    (I will be using it to pay for room and board, because Florida is going to pay for 75% of my tuition)

    4900 a semester for room and board. (I believe this is correct?)
    Stipend x 10 for each year
    900 a year for books

    I came up with the number $58,800. Is this correct?

    Sorry if this topic has been beat to death, but I can't find any conclusive answers.
     
  2. racefam

    racefam Member

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    Hi!
    First of all, Congrats on your scholarship offer!!!! :thumb:

    I have *heard* that AROTC scholarships cover tuition only.
    I am not sure if you can "pick and choose" how to apply it - meaning, I don't know if you can use it for room and board...
    I sure hope you can - I am interested in hearing the answer for this as well - so I really hope someone who knows for sure will post here!!

    Again - congrats!!!!!!
     
  3. FutureLieutenant

    FutureLieutenant New Member

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    Thanks!! The PMS at UCF that I talked said that you can indeed use the scholarship for room and board, but It's been a few months since i've talked to him so I don't remember the details.
     
  4. The OC Josh

    The OC Josh Member

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    I remember that if for some reason you don't need the tuition assistance, you can take x Amount of dollars to put towards Room and Board. I believe that there is a cap, though I don't remember what the cap was.
     
  5. www

    www Member

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    Wouldn't you also need to take into consideration all the training you have to go through and the equipment you will use? Just the bullets you'll consume probably add quite a few bucks to the value of your education.
     
  6. FutureLieutenant

    FutureLieutenant New Member

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    That's what I thought, I thought I remembered the cap being 9800 a year but i'm not sure.
     
  7. bulldog31

    bulldog31 Member

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    I am in Florida also, and I think the Bright Futures can be applied towards room and board, etc if the ROTC dollars can not. Dont forget, it only pays per credit hour now (I think $96 for 75%) not just a flat semester fee.
     
  8. singaporemom

    singaporemom Member

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    See if your School Scholarship can go to room and Board and then the ROTC scholarship can pay full tuition. Call the scholarship officer and arrange a financial meeting.
     
  9. goaliedad

    goaliedad Parent

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    Additionally, the book allowance is now $1200 per year for AROTC.
     
  10. Just_A_Mom

    Just_A_Mom Member

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    Army ROTC scholarships may be used for either Tuition & fees or Room & Board. Keep in mind that any scholarship used for room & board is federally taxable and you may incur a tax liability.
     
  11. DougBetsy

    DougBetsy Member

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    Successfully completing ROTC means having a job guaranteed after graduation. What's that worth? (Rhetorical question.)
     
  12. cjs

    cjs Member

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    You are correct, it only pays per credit hour rather than the 75% and 100% that it did prior to this current school year.

    Depending on which you are awards it either pays $95 per credit hour (the old 75%) or $126 per credit hour (the old 100%). These are the rates for a 4 year college.
     
  13. k2rider

    k2rider Member

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    I look at it this way...

    4 years tuition at school of choice = $128,000

    School of choice pays for housing = $ 40,000

    $1200 per year for books = $ 4800

    So that's $172,800 and it doesn't include the uniforms, (4) years of monthly stipends or a commision in the US Army!!
     

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