The US Navy wants its former veterans back, and it is willing to dish out big bucks to rekindle those terminated relationships.
Up to a $50,000 signing bonus and $65,000 in student loan repayments are on the table, according to a release submitted by Rear Adm. Lex Walker, the head of Navy Recruiting Command.
Walker called the sum a “life-altering $115,000.”
“If you are a Sailor, Marine, Airman, Soldier, Guardian, or Coast-Guardsman who recently separated, this is an opportunity without precedent,” Walker wrote. “And if you have student loan debt, you could be eligible for the Loan Repayment Program if you ship in any month of any fiscal year while the program remains active.”
The news comes as the US Navy finds itself struggling to recruit and train personnel as quickly as the current personnel are departing.
With no one to fill those gaps, the Navy is pulling out cash to incentivize putting on those dress whites.
Anyone interested needs to act quickly, as the program ends on September 30.
According to the Stars and Stripes, those interested must re-enter the service in pay grade E-4 or below, meet specific bonus eligibility and not have received a bonus in their first enlistment.
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