Being part of the Navy Reserve is one of the best ways to learn new skills, play a big part in the safety of the United States, and of course, get assistance paying for college. When you add together these benefits, as well as many others, you will find that joining the Navy Reserve could be the right choice for you at the present time.
If you are not quite ready to enlist in the Navy as an active duty sailor (or have already completed this phase of your life), the Reserve is a good choice. At the very least, learn more about this option so that you can make an informed decision in the near future.
Navy Reserve Educational Benefits
When you become part of the Navy Reserve you have access to benefits that can help you pursue your educational goals.
The Montgomery GI Bill, also known as MGIB-SR, offers up to 36 months of educational assistance for those who agree to a six year obligation in the Navy while also maintaining the proper level of participation.
The amount of money you can receive depends on many factors including program (college, vo-tech, etc.) and status (part-time student, full-time student, etc.).
Compensation for Navy Reservists
As a Drilling Reservist, you are entitled to four days base pay for only two days of weekend training. Along with this, during your two weeks of annual training you are entitled to full pay as well as allowances for housing and meals. The amount of pay and allowances is based on the same scale used for active duty sailors.
In addition to the compensation and educational benefits listed above, there are others that you need to be aware of. These will not show up in your pay, but are sure to benefit you at some point in the future:
1. Retirement program
2. Department of Veterans Affairs Home-Loan Guarantee program
3. Up to $250,000 in low cost life insurance
4. Travel opportunities
5. Leadership training
6. Health care for injuries suffered during training period and active duty
There are more than 66,000 people in the United States Navy Reserve. Are you ready to join them?