This is a sticky but I'm not sure what program this is referring to and I am a CG pilot. The only thing I think it might be referring to is the Blue 21 program that guarantees you a flight school slot if you meet the requirements. However, you don't get money for school. That is a totally different program called CSPI. Here are the requirements for Blue 21:
BLUE 21 Eligibility Requirements:
1. Age
Reached 21st but not 31st birthday as of the selection panel convening date.
2. Citizenship
Must be a United States Citizen.
3. Education
To be eligible, applicants must have a minimum 2.5 GPA and meet one of the following degree requirements:
a. Have a degree in any aviation, aeronautical and aerospace program from a qualifying four-year institution (25% or greater minority population of U.S. citizens).
b. Have a degree in any engineering related program from a qualifying four-year institution.
c. Have a degree in any computer related program from a qualifying four-year institution.
d. Have a degree in any technical or technology related program from a qualifying four-year institution.
e. Have an Associates degree in an aviation, aeronautical or aerospace specific program from a Junior/Community College accompanied by a baccalaureate degree in any major course of study from a qualifying four-year institution.
f. Have a Private Pilot’s License (or higher rating), in conjunction with a degree from a qualifying four-year institution.
Additionally, applicants must meet minimum scores on one of the following standardized tests.
SAT……………..Combined score of 1000 or greater.
SAT I……………Combined score of 1100 or greater.
ACT……………..Composite score of 23 or greater.
ASVAB………….GT score of 109 (110 prior to 1 July 2004).
4. Aviation Selection Test Battery (ASTB)
a. The ASTB is an exam that tests your general knowledge in the areas of Math, Science, English and Aviation. Applicants must receive a minimum Academic Qualification Rating (AQR) of 4 and Pilot Flight Aptitude Rating (PFAR) of 4 in order to qualify for BLUE 21.
b. The ASTB is administered by the U.S. Navy and must be completed with a passing score prior to applying. This test may be scheduled through local Coast Guard recruiting offices.
5. Military Service
An applicant with six or more years of non-Coast Guard active duty time is not eligible to apply.
6. Physical Qualifications
a. BLUE 21 applicants will be required to pass both MEPS physical as well as a Class I Flight Physical conducted by a military flight surgeon. Physicals can be scheduled through a local Coast Guard recruiter.
b. BLUE 21 applicants must have an uncorrected visual acuity not poorer than 20/50 in each eye with the ability for correction to 20/20 in each eye.
7. Security Clearance
BLUE 21 applicants must be eligible for a security clearance.
Waivers:
No waivers will be granted for age, degree requirements or flight physicals. Medical waivers will be evaluated on a case-by-case basis.
That is the latest and greatest right off the recruiting website.