How does the Navy College Fund work?
The Navy College Fund, or NCF, provides an enlisted seaman with up to $15,000 for college expenses in addition to what he may be eligible for through the Montgomery G.I. Bill.Who Funds the NCF?The U.S. Navy alone funds the NCF.Who Receives Funds?Whether or not a recruit receives additional college money from the NCF is determined by the classifier, and only if the seaman meets certain minimum requirements.Minimum RequirementsTo be considered, an applicant must: be between the ages of 17 and 35; be a high school graduate (GED not accepted); have entered active duty on or after Nov 21, 1989; qualified for training in a selected U.S. Navy program; agree to serve on active duty for three or more years; have achieved an Armed Forces Qualification Test score of 50 or higher; have enrolled in the Military G.I. Bill Program; agree to the $1,200 annual pay reduction; have received an “Honorable” Character of Service, not including “General Under Honorable Conditions.”Additional QualificationsA
