Security Levels


 

  National Threat Level: Elevated

U.S. Coast Guard Reserve Bonus Programs

Selected Reserve Bonus Matrix

(Updated 07 JAN 2008)

Initial Enlistments (RP, RK, RX,RA):

Effective Immediately Until Dec 31, 2008: Half paid upon completion of IADT and half-paid one year later. 

 

Six-Year SELRES Enlistment:

Rate

Max Bonus Amount

MK

$6,000

Any other rate

$0

 

Prior-Service Enlistments (RQ):

(Greater than 7 yrs 9 months but less than 13 yrs service)

Effective Immediately Until Dec 31, 2008. Half paid upon completion of IADT and half paid 1 yr later. If no IADT is required, 1st half is paid upon completion of 1st drill.

Six-Year SELRES Enlistment
(critical rating assigned to PSU or NCW unit)

Three-Year SELRES Enlistment
(critical rating assigned to PSU or NCW unit)

Rate

Max Bonus Amount 

Rate

Max Bonus Amount 

FS3 or above

$8,000

FS3 or above

$4,000

MK3 or above

$8,000

MK3 or above

$4,000

Any other rate

$0

Any other rate

$0

 

Six-Year SELRES Enlistment:

(critical rating only, not assigned to PSU or NCW unit)

Rate

Max Bonus Amount

MK3 or above

$6,000

Any other rate

$0

 

Special Pay for Health Care Professionals:

Selected Reserve Health Care Professionals in critically short wartime specialties, assigned to a PSU may be eligible for $10,000 per year for a 3-year commitment.   All subsequent extensions must be for three-years.

 

Health Professional Student Loan Repayment Program:

Selected Reserve Health Care Professionals may be eligible for this program. A 6-year commitment and registration into repayment program must be entered into at initial appointment. Members enrolled in this program are not eligible for the Special Pay for Health Care Professionals until initial 6-year commitment has been completed. Members are not required to be assigned to a PSU for this program.

 

Repayment of Educational Loans (principal and interest)

Year 1

$20,000

Year 2 

$20,000

Year 3

$10,000

Last Modified 7/17/2008