How does the cost of attending the Merchant Marine Academy compare to other academies?

I'm considering applying to the Merchant Marine Academy and I'm curious about the overall cost. How does it compare to other military academies or even private colleges? Are there any significant expenses I should be prepared for?

One of the primary benefits of attending a service academy such as the Merchant Marine Academy is the cost-saving aspect. As with other U.S. service academies (Air Force Academy, Naval Academy, Military Academy, Coast Guard Academy), the cost of tuition, room and board, books, and uniforms is covered for students attending the Merchant Marine Academy. This is in stark contrast with attending a private college whose annual costs can range from $30,000 to over $70,000.

There are, however, some costs to be aware of. For the Merchant Marine Academy specifically, students are required to pay a "Midshipman Fee" and other fees that can total up to $2,000 per year. This fee covers costs associated with the uniforms, textbooks, and other miscellaneous items. While this might seem like a significant expense, remember that this would be in lieu of tuition, room and board, and includes many materials you would be otherwise expected to pay for out-of-pocket.

Also, keep in mind that upon graduation from the Merchant Marine Academy, you're required to fulfill a service obligation. This typically involves serving in the Merchant Marine for several years, maintaining your U.S. Coast Guard license, and maintaining a reserve commission in a branch of the armed forces. This service commitment is comparable to the commitment required of attendees of the other service academies.

Overall, attending a service academy like the Merchant Marine Academy is a financially attractive option due to the significant cost savings when put side by side with traditional 4-year colleges. The financial obligation is considerably lower, and you also gain invaluable training and professional experience that can open doors in your future career.