Godspeed: According to
http://www.cec.navy.mil/ , the CEC Collegiate program is a scholarship. But I do agree it is not like your typical scholarship like most people think of since you are active duty and getting paid at that pay rate.
Steve Wilkins: Thanks for all the details of the ASTB but I am still not sure if it says that CEC has to take it. I am waiting on my recruiter to email me back to see if I have to take it.
Again I want to thank all those who have helped me get answers to my questions. I can't wait till next week when all my references and other documents will be all in. Then it will just be a few months until I get the hear if I am pro-rec'd or not. It really is exciting to know that I might be able to serve my country in such an honorable capacity. I love Civil Engineering and can't wait to practice what I know for our great country.