Navy Advanced Education Voucher
The Navy Advanced Education Voucher (AEV) program can offer a senior enlisted sailor up to $20,000 to earn a bachelor's or $40,000 for a master's degree in a Navy-related field. The program is administered by the Naval Education and Training Command (NETC) and is a part of the newly designed Professional Military Education Continuum. If you are elgible, VAJoe.com can help you find schools where you can use the Navy Advanced Education Voucher.
Highlights
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The program can be used for the following degree programs:
- Human resource, human system integration, human performance improvement
- Systems engineering and analysis
- Leadership and management
- Civil engineering
- Engineering propulsion systems
- Industrial management
- Information technology
- Nursing
- Accounting and finances
- Electrical engineering technology
- Strategic foreign languages
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If you want a bachelor's degree:
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For a maximum of 36 months, the program will pay tuition, books and related fees up to $6,700 per year. The most you are allotted over three years is $20,000.
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To qualify, you need either an associate degree or an equal amount of college credit that you can apply toward the degree. In other words, you need to have a minimum of half of your credits toward a degree completed.
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For a master's degree:
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For a maximum of 24 months, the program will pay tuition, books and related fees up to $20,000 per year. The most you are allotted over two years is $40,000.
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Applicants must have a bachelor's degree from an accredited post-secondary institution.
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Drawbacks
Servicemembers participating in the program are obligated to serve for a certain amount of time after they complete their degree program. The time will be served concurrently with any other service time that you incur. You must agree to remain on active duty for either:
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A minimum of two years
Or
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A period equal to three times the number of months it took to complete your education, up to a maximum of three years.
Or
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Whichever is greater.
For Example
If you took nine months to complete your degree, you would have to serve three times that amount in the service, or 27 months, which would also fulfill the two year minimum.
