How does pay work for a Naval Academy cadet?

I've heard that cadets at the Naval Academy receive some form of pay or stipend. Can someone explain how this system works and how much a cadet might expect to receive each month?

You're correct that cadets at the United States Naval Academy, often referred to as midshipmen, do receive a monthly stipend. When midshipmen first enter the Academy, they begin receiving a monthly stipend of $1,087.80 as of 2024. However, keep in mind that this stipend is not entirely discretionary income. In fact, a major portion of it automatically goes towards paying for various expenses, including uniforms, textbooks, a laptop, and other miscellaneous supplies.

As midshipmen progress through their four years at the academy, their monthly stipend increases. By their senior year, they receive approximately $1,981 per month, giving them more disposable income. It's also important to note that tuition, room and board are fully covered by the Navy.

Additionally, midshipmen are also provided with medical and dental care at no cost. So, while the stipend is not significant in terms of total income, it's meant to help midshipmen cover their personal expenses while they're at the Naval Academy. Upon graduation, they receive a commission as a naval officer and their financial compensation is subsequently adjusted to reflect their new status and responsibilities.