Hi all,
I'm trying to help my DD establish a cash flow table for the next four months. I have a few questions about the timing of payments to cadets. School starts on August 20. I believe her APFT test will be given on August 21. Assuming she passes the APFT, as she did throughout her MSI year, then:
1) When would she actually sign her Contract?
2) When would she receive her first Stipend payment? I assume she signs her ROTC Scholarship Cadet Contract on August 21.
3) Is the Stipend paid every two weeks, or every month? ($175 or $350?)
4) I know the Tuition is paid to the school after 45 days per the Contract. Is that how it works in reality?
5) When would she receive the $600 first semester book allowance payment?
6) Lastly, how does she receive the Stipends and Allowance... is it Direct Deposit into her campus bank account, or is a check mailed to her?
Thanks in advance for any details you may remember from this past year.
I'm trying to help my DD establish a cash flow table for the next four months. I have a few questions about the timing of payments to cadets. School starts on August 20. I believe her APFT test will be given on August 21. Assuming she passes the APFT, as she did throughout her MSI year, then:
1) When would she actually sign her Contract?
2) When would she receive her first Stipend payment? I assume she signs her ROTC Scholarship Cadet Contract on August 21.
3) Is the Stipend paid every two weeks, or every month? ($175 or $350?)
4) I know the Tuition is paid to the school after 45 days per the Contract. Is that how it works in reality?
5) When would she receive the $600 first semester book allowance payment?
6) Lastly, how does she receive the Stipends and Allowance... is it Direct Deposit into her campus bank account, or is a check mailed to her?
Thanks in advance for any details you may remember from this past year.