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News Release


IMMEDIATE RELEASE

Release No: 430-00
July 20, 2000

NAVY OFFERS LARGER SUMMER ENLISTMENT BONUS

The Navy is offering a new enlistment bonus round for the summer months for recruits who sign an enlistment contract effective July 1, 2000, and leave for recruit training by September 29, 2000. This bonus is an increase over previous cash amounts. It is also an entirely new bonus for occupational specialties that weren't previously eligible.

The improved enlistment bonus will be paid upon completion of all training and designation in the skill for which qualified recruits enlist. Bonus requirements include a qualifying test score for eligible occupational specialty as well as a high school diploma or general equivalency diploma.

Bonus amounts have been substantially increased. A recruit entering the nuclear field, for example, can now receive a $12,000 bonus, up from $8,000. Overall, 46 percent of the occupational fields have a new bonus and 39 percent have a bonus increase.

As previously announced, the Navy values educated young people who consider joining the Navy, offering an additional enlistment bonus for college credit. When combined with the improved summer bonus, total cash incentives can reach up to $20,000. Specific amounts being offered for educational accomplishment are as follows:

Associate's degree -- $4,000

Bachelor's degree -- $8,000

1 year of vocational technical education -- $2,000

2 years of vocational technical education -- $4,000

24-47 semester hours (or equivalent) of college -- $2,000

48-71 semester hours (or equivalent) of college -- $3,000

72-95 semester hours (or equivalent) of college -- $5,000

96+ semester hours (or equivalent) of college -- $6,000

Recruits may also qualify for additional monetary incentives, such as the Montgomery GI Bill and the Navy College Fund worth up to $50,000. The enlistment bonus can be elected in combination with the Navy College Fund at certain levels.

For more information about Navy opportunities, individuals are encouraged to contact their local Navy recruiting station, or call 1-800-USA-NAVY.

Information is also available by visiting the website http://www.navyjobs.com .