USNA Cost Value

I am pretty certain the worth of the education at USNA is somewhere between $450k-$500k.

Here's a thread that has discussed this similar topic before; with ranging numbers:

Dollar value of appointment (official)?

Does anyone have an official dollar value of an appointment, for school reporting purposes? I have searched around and seen OLD info, but not current. And also varying amounts. Is there an actual amount posted somewhere?
www.serviceacademyforums.com
 
These numbers have bounced back and forth over the years and finally several years ago, BGOs were asked to not provide an estimated value.
The $400K-$450K number was out there but then it was $200ish as the higher numbers were used by USNA opponents to claim that it was too expensive. The terms that we've been asked to use are "FOUR YEAR FULL TUITION PLUS ROOM AND BOARD"
 
BGO's are discouraged from talking about the value of a USNA education. The number, with all of the attendant training, quickly surpasses even the most expensive 4 year colleges, leaving critics to argue why we have Service Academies when we can send someone to ROTC and get the same freshly minted 0-1 for a lot less.

I've been to a number of High School awards ceremony's where the guidance counselors get all giddy about announcing the amount of scholarship money that was awarded. I often include a comment in my presentation that the Appointee will not consider this a "free ride" when they are sweating through Plebe Summer in a few months. Instead , I refer to the "invaluable" education and opportunities that lay ahead.
 
Well, technically, you graduate in 4 years without owing anything, except for those additional 5 years of active duty.
You know, those years in which every meal is a banquet, every paycheck a fortune, and every formation a parade.
 
We requested a letter from the USNA Registrar (which is a Thing that you can do) asking about the value for 529/tax purposes. This is what that letter said:

"The Academy’s Comptroller evaluates the cost of education annually for the purpose of determining the reimbursement values for those who do not meet their service commitments. The cost of education amounts include tuition, room, and board, but the room costs are offset by quarter allowances authorized under Title 37. The estimated cost of education for fiscal year 2019 is $54,294,..."

So a 4 year education in round numbers is like $225,000 -? (Or that plus whatever the earned toward quarter allowance - ?) 🤔
 
Graduated HS in 65 Went to two colleges and then dodged the draft by enlisting (boy did i fool them). Then came back to another college under the GI BIll which payed $350 a month and tuition was $50 a semester for Veteran at State Schools (got them big time there). Got my BA in 76 and then Masters in 78. I just loved the student life.:lolatyou: Five schools is hard to beat but I think I may have him in Years?
 
DKTKT said:
We requested a letter from the USNA Registrar (which is a Thing that you can do) asking about the value for 529/tax purposes. This is what that letter said:

"The Academy’s Comptroller evaluates the cost of education annually for the purpose of determining the reimbursement values for those who do not meet their service commitments. The cost of education amounts include tuition, room, and board, but the room costs are offset by quarter allowances authorized under Title 37. The estimated cost of education for fiscal year 2019 is $54,294,..."

So a 4 year education in round numbers is like $225,000 -? (Or that plus whatever the earned toward quarter allowance - ?) 🤔
Click to expand...
That is consistent with the information provided to Parents of West Point Cadets:

Quote: The "cost of education" has been divided into tuition and board. The costs an individual could be required to reimburse under this law were calculated to be:

a. Tuition Costs: $56,999 per year
b. Board Costs: $3,802 per year
c. Total Costs: $60,802 per year

My quote: "That ain't $450k - $500k"
 
Not disputing any value, but what about the cost of training provided during the summers? All the trainings these cadets/MIDs go to cost some money. How and where is it accounted?
 
cb7893 said:
I’m getting old and jaded, but this discussion gets more tiresome every time its brought up.

The cost/value/price tag should only matter if you intend to brag about the accomplishment of an appointment or you have to pay it back.
Click to expand...
I agree with you. But, as a high school teacher at a small poor rural school I see the counselors using the dollar value as a compliment to the recipient and an incentive to those who have no clue service academies exist. Some applicants come to the table late. They aren’t all like my kid who had Navy stars in his eyes in 6th grade. I truly believe there are young men and women out there who would be excellent candidates that simply do not know.
 
DKTKT said:
We requested a letter from the USNA Registrar (which is a Thing that you can do) asking about the value for 529/tax purposes. This is what that letter said:

"The Academy’s Comptroller evaluates the cost of education annually for the purpose of determining the reimbursement values for those who do not meet their service commitments. The cost of education amounts include tuition, room, and board, but the room costs are offset by quarter allowances authorized under Title 37. The estimated cost of education for fiscal year 2019 is $54,294,..."

So a 4 year education in round numbers is like $225,000 -? (Or that plus whatever the earned toward quarter allowance - ?) 🤔
Click to expand...
This is actually super helpful as we were starting to think about the best way to deal with our 529 plan....nice to know we can get this from teh Registrar.
 
Heatherg21 said:
I agree with you. But, as a high school teacher at a small poor rural school I see the counselors using the dollar value as a compliment to the recipient and an incentive to those who have no clue service academies exist. Some applicants come to the table late. They aren’t all like my kid who had Navy stars in his eyes in 6th grade. I truly believe there are young men and women out there who would be excellent candidates that simply do not know.
Click to expand...
And to expand on that, I am 100% available to help any candidate through the application gauntlet. And their parents. Of course with no guarantees and no charge. Just paying it forward. And helping those who have the moxy and the skills find a path to serving they may not have known existed. We have a rising senior who has been scouted by a SA for his sport. I was over the moon when I saw his mom share his letter from the coach. I made sure they knew he and they had my contact info. It isn’t an easy process.
 
You must log in or register to reply here.
Back
Top