Has anyone else heard anything about stipends being lowered this year? My daughter, a a senior, just told me her monthly stipend will be $425 this year. It was $450 last year and we thought it would be $500 this year. Thanks.
There are some outfits (USAA is one) which will loan an about to be commissioned officer up to $25,000 at pretty low interest rates. It can help them get started in life. DS used it to pay off student loans (maybe smart, maybe not), opened a Roth IRA, and socked a lot into savings to have on hand as needed. He's not missing the payback money since he went into with only the stipend as income. I think folks in one of the academies can borrow even more. Many folks use it to buy their first car.
Any idea when he should see his first stipend, book allowance and travel money?
Realize that stipends are paid in arrears and pro-rated.