Deductions from Cadet Pay

runnergirl

Member
Joined
Jan 24, 2017
Messages
49
Can anyone explain NAF/XCHNGE DEBT deduction on Cadet Pay Statement? Assuming it is likely monthly payback amount for the advance pay cadets receive for computers, etc. Uniforms and personal items such as laundry and barber appear to be covered under other headings.
Thanks You!
 

Cerberi

5-Year Member
Joined
Nov 22, 2015
Messages
839
USNA calls it the ACE Loan program. All Mids are provided a 0% interest loan to purchase uniforms, computers, and the remaining issue items including textbooks. That loan is paid by be monthly deductions and usually fully repaid by end of the junior year. If you search USNA.edu and search 'Budget Book' it provides details of the monthly deductions prior to the Net pay. (USAFA probably has a similar document, I am just too lazy to search for it)
 

runnergirl

Member
Joined
Jan 24, 2017
Messages
49
USNA calls it the ACE Loan program. All Mids are provided a 0% interest loan to purchase uniforms, computers, and the remaining issue items including textbooks. That loan is paid by be monthly deductions and usually fully repaid by end of the junior year. If you search USNA.edu and search 'Budget Book' it provides details of the monthly deductions prior to the Net pay. (USAFA probably has a similar document, I am just too lazy to search for it)
Thank you!
 

bpolen

New Member
Joined
Feb 19, 2017
Messages
2
Could anyone get this link to work? Asks me to log in then tells me something went wrong.
 

Capri120

DH USAFA '79, DD USAFA '20
5-Year Member
Joined
Feb 10, 2016
Messages
1,341
Could anyone get this link to work? Asks me to log in then tells me something went wrong.

Seems you have to log into Facebook to download it. I thought I was able to open it last week as well, but not now.
 
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