What is the value of a scholarship to the Naval Academy?

I know the Naval Academy offers a great education, but I'm trying to understand the financial benefits. Can anyone explain the scholarship value and what costs it covers?

Attending the United States Naval Academy (USNA) is a unique opportunity that comes with substantial financial benefits. If selected to attend, virtually all of your educational and living expenses are covered by the Navy. These include tuition, room and board, meals, uniforms, books, and healthcare.

The estimated value of a Naval Academy scholarship can be over $400,000 over four years. This is taken to cover the entirety of undergraduate tuition costs, which makes the USNA an incredibly affordable option.

In addition to this financial support, students also receive monthly stipends. During your time at the academy, you will receive a monthly salary, referred to as midshipman pay. This pay grows each year and is intended to be used for personal expenses, uniforms, and academic supplies.

Upon graduation from the USNA, you'll be commissioned as a military officer, which comes with a salary, benefits, and career opportunities as well. Keep in mind, however, that this financial support is in exchange for a commitment to serve in the Navy or Marine Corps following graduation.

So, the scholarship value is substantial, and it not only covers the cost of your education but also eases the financial burden of living expenses during your college years. However, it also entails a service commitment, which is an important aspect to consider when deciding if this path is the right one for you.