<p>What is a 4 year education at the USNA valued at present time? My daughter is trying to complete forms for high school requesting dollar amounts of her appointment and thought I would ask the group for the lastest information! </p>
<p>Thanks for your help!</p>
<p>^^^^^
The last figure I saw was for the Class of 2006; that figure was $315,000 per graduate. The cost per graduate from USNA is significantly lower than the cost for USMA and USAFA.</p>
<p>Thanks for your quick response GA!</p>
<p>Our BGO last year announced it was $350,000. We had 2 young people from our high school with Appointments and boy did this make our counsellors happy when they had THAT figure, as the 'final tally' of the 'value' of scholarships their high school seniors earned in comparison to our 'sister high school' whom we are always in competition with was certainly boosted significantly.</p>
<p>The one young lady with an NROTC scholarship at our school received a 180,000 scholarship equivalent -that is what the presenting officer announced. ( She is a Cornell)</p>
<p>Why does Midshipman Owens (the expelled QB) only have to pay pack $90,000 if the value is so high ($300k+)?</p>
<p>PS - The $90k was quoted as "two-thirds" of his education cost.</p>
<p>^^^^^
At the Naval Academy, the federal government only pays for approximately 65 percent of the academy's operating and capital expenses. The remaining 35 percent comes from fund raising by the Naval Academy Foundation. The $300K+ figure also includes the cost of military training. The government isn't recouping the cost of military training and it certainly can't ask to be reimbursed for funds that were donated to the academy.</p>
<p>"What is a 4 year education at the USNA valued at present time?"</p>
<p>Priceless.</p>
<p>The current value of an appointment to UNSA is $284,000. The reason Lamar Owens is only being asked to reimburse $90,000 is that it is typical of the government/Navy not to try and recover the first two years cost. If a midshipman leaves the academy before returning for the beginning of their third year, they are not obligated to pay for the first two years.</p>
<p>I hope this helps answer the question. It really only addresses the price - the real value is much higher.</p>
<p>Maybe I can help here. I am a Blue and Gold Officer for the USNA. The cost of educating a midshipman today is estimated at $284,000. Midshipmen who leave the academy after two years, but before returning to start their third year are not asked to pay back the cost. This reflects the figure for Lamar Owens repayment as approximately 2/3 of the last two years cost.</p>
<p>If anyone is interested in the Naval Academy, they can contact me or go to the academy's website.</p>
<p>I also sit on a senator's service academy selection board that makes nominations to all of the academies (except the Coast Guard, which do not require nominations).</p>
<p>^^^^^
The monetary value of a USNA education based on the Class of 2005 was $286,000 per graduate. For the Class of 2006, the value was $315,000 per graduate.</p>
<p>See the admission briefing at: <a href="http://www.cyberpear.com/exec/usna_admissions_brief.ppt%5B/url%5D">http://www.cyberpear.com/exec/usna_admissions_brief.ppt</a></p>
<p>^^^^Class of 2010 the value was reported as $284,000. </p>
<p>Last year my son's B&G had to submit his speech for Awards Day - I sill had the email - ...here is an portion of that presentation: </p>
<p>
[quote]
...While at the Naval Academy, midshipmen have access to some of the country's best research facilities and the opportunity to travel virtually anywhere in the world during summer training programs while receiving an education with an estimated value of 284,000.<br>
...</p>
<p>Presented by **** Blue and Gold Officer representing the U.S. Naval Academy and a 19** graduate of the Naval Academy.
[/quote]
</p>
<p>Well, now that that's clear as mud! :confused:</p>
<p>The figures I have provided are from the Admissions Office. I would trust those figures over something provided by a BGO. Figures for the Class of 2007 won't be available until later this summer.</p>
<p>Thanks, as always GA. Clear, reliable, documented info. I don't care what your teenagers say of you, you're a-ok in my book. :cool:</p>
<p>From what I've been told, the basic number is derived by dividing the annual budget for the Naval Academy by the number of students in attendance.
Bigger budget, bigger number. No big secret.
The number always seems to be about $300,000, more or less.</p>
<p>Sorry to revive this thread but has anyone found anything a little more conclusive in recent history?</p>
<p>last years (2012) was valued at $365K per the BGO brief slide show I saw</p>
<p>Again, it’s value though, not scholarship aid. If it makes your GC feel good tho, breakaleg, knock yourself out.</p>
<p>$365K was the last figure quoted by USNA for 2008-09. The figure will, no doubt, be higher for 09-10. </p>
<p>Priceless, yes. Free, no.</p>
<p>Not to put a damper on anyone’s p’rade, but some will pay the ultimate price. Our parent’s club just had 2 bricks laid at Quantico for 2 brave marines, USNA grads both, who paid that price. Never forget that.</p>
<p>[USNA-Net</a> The Naval Academy Parents Network](<a href=“http://www.usna.org/]USNA-Net”>http://www.usna.org/)
go to photos
go to “Long Island PC Honors Fallen Heros”</p>
<p>This no ordinary scholarship. No ordinary education. A lot will be spent to get you where you need to be. A lot will be expected of you once you get there. Make sure you understand that when you report your scholarship dollars to your schools. Make sure YOU understand.</p>
<p>Ya, you basically hit the nail on the head. The GC’s are trying to run the total figures up.</p>