Is there a signing bonus for the Coast Guard?

The bonuses are not small. “If you actually have a bachelor’s degree and you enlist, you’re getting a $10,000 bonus,” Sekitoleko said. “If you have an associate’s degree, it’s a $5,000 bonus.” That money is paying off for the Coast Guard.

What branch has the highest sign on bonus?

Air Force Bonuses The highest-paid bonuses are for combat controller and pararescue jumper positions, which offer a $3,000 bonus for a four-year enlistment, or $17,000 for a six-year enlistment. Some positions only offer bonuses for a six-year enlistment.

How much is the military signing bonus?

New recruits can earn up to $40,000 in enlistment bonuses! The amount of your enlistment bonus depends on the length of the contract and the desired Military Occupational Specialty (MOS). The Army offers incentives for signing up for a longer tour such as a four or five-year commitment.

How much does a new recruit in the Coast Guard make?

All active-duty enlisted members entering the Coast Guard start out making approximately $20,000 annually. This is just basic pay. Members may also be entitled to other allowances depending on their status.

Do you get your enlistment bonus right away?

When qualified enlistment bonuses apply, they are one-time payments (lump sums) paid after you successfully complete the training specified in your contract and sign in at your first permanent duty station. Under normal circumstances, it will take 60 to 90 days from that point for you to receive your payment.

How much do retired Coast Guards Make?

Average monthly retirement payments for Coast Guard retirees just one year removed from service range from $1,700 (lower-end enlisted members) to $4,300 (high-end officers), per this Department of Defense retirement calculator.

How much does an e5 make in the Coast Guard?

A Petty Officer Second Class is a petty officer in the United States Coast Guard at DoD paygrade E-5. A Petty Officer Second Class receives a monthly basic pay salary starting at $2,468 per month, with raises up to $3,502 per month once they have served for over 12 years.