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SkyHigh,
BDCP does not have a limit of 18 months. I am currently over that limit and still have to finish out this year... so I'll be at around 28 months with it.
The thrift savings plan (TSP) is the military version of a 401K, you put money aside in a fund chosen by you, but managed by the experts. Along with being a good investment there is a big tax break when it comes to interest. More info can be found at http://www.tsp.gov/ .
I guess it must be different for people in the Northeast or something.. As a BDCP Pilot the max we have written on the contracts is 18 months.. Are you a nuq or a CE Supply, Pilot, RIO?
Sorry if this question is redundant, anyone know how much BDCP is opening up this coming spring? I'm pondering if I should just bypass it and shoot direct for the SNA.
ok tell me if this is just too much scheming. I know a few guys who have managed to "get over" on the GI Bill. My question is provided that I were to get into BDCP and paid into the GI Bill plan, would it be possible to use the funds from that to apply towards student loans? or would i have to use it towards grad school? Barring tuition assistance of course.
FYI all of the information I have gotten in regards to BDCP and length states essentially that you must be within 24 months of graduating unless you are in a "technical field of study" by which you can apply as far out as 36 months.
I would imagine if your graduation date changed for reasons beyond your control (ie classes not being offered during certain semesters) than it goes without saying that the timeline would be pushed back. That was what my recruiter and my college division chair (who has dealt with a number of these) told me.
I didn't think that your grad could be pushed back, because of the degree completion plan that we all had to fill out before being accepted into the program. If your school doesn't offer a course during the semester that they stated they would on your degree plan they should give you the opprotunity to take something else in its place. My recruiter told me that the by signing the degree plan, your counselor or dean, was basically singing a contract with you and the Navy.
"That I will not be allowed to increase my projected time in college, change majors, enter into an exchange program or transfer schools without specific permission of Commander, Navy Recruiting Command (COMNAVCRUITCOM)"