Will you get $40,000.00 for joining the army and when do you get it.?

Answer 1

If you're only joining for the benefits, don't.

Answer 2

I've been in the Army 4 and a half years and still haven't received my entire bonus - it's split up from the time you graduate all the initial entry training (anywhere from 6 months to 2 years, depending on the job) to the time your term ends.

But $40 000 is just the maximum amount the bonus can be - usually you have to enlist for 6 years and already have a 4-year degree and maybe other factors in place before you join. Most people can't get that much money, though. The Army just advertises that number to get a whole bunch of people to walk into a recruiter's office so they can get some of them to enlist.

Answer 3

No, you will get a job though. You won't be making 40 thousand a year though, its more like 18, 19 a year. You need to spend money on supplies, gear, uniforms, rent, so don't think you are just going to be handed a $40,000 check. If you are joining the army to take advantage of some of the benefits, do yourself a favor and take up a trade that is valued in the outside world. For example, don't take up culinary arts because there are a million chefs graduating in and outside the army and you are all fighting for jobs when you get out. If you take up something like electrical engineering, you can leave the army and actually have a good chance of being hired because the field is more open and the military is respected. With a certificate in something like that you are not out in 4 years with nothing reputable to show for it. Culinary Arts means you need 4 years of college. Electical engineering means, you could take up 4 years of college if you feel like it.

Answer 4

Generally military enlistment bonuses and paid out at 50% upon enlistment, and the rest paid out in equal sums annually through the term of enlistment (less taxes, unless reenlisting in a qualified combat zone which makes the bonus exempt from taxes). If, for some reason you do not fulfill the terms of you enlistment you will but require to repay the prorated potion that you may have already received.

Answer 5

Upon joining the military, you will rate your base-pay at the appropriate rate (you can look that one up yourself...and it's not $40,000). If it's signing bonuses your referring to, then here's how it works. Let's say the recruiter offers you a $30,000 signing bonus, you will recieve half upon completion of all training and report to your first duty station (after taxes...it may come out to about 10-11 Grand). The other half will be distributed throughout the rest of your enlistment.

Answer 6

There's no yes or no answer to the first part of your question. You qualify for sign-on bonuses based on your education, the job you choose, and how quickly you agree to ship out for training.

I'm not sure about the "when" part. I believe you have to finish basic training and / or AIT before you see your first payment. The rest is then paid out over the course of your enlistment.

Answer 7

Qualified Active Duty recruits may be eligible for a combination of bonuses up to $40,000.

Answer 8

You can. It depends upon your MOS, your qualifications, and other factors.

I'm getting about $30,000 between forgiven government student loans and cash payment bonuses. Plus, if I can bring in other recruits, I can get $1,000 as well.

I get 50% of that when I complete BCT and the other 50% when I complete AIT.
I love it. :-)

Orion

Answer 9

it'll probably take you about 3 years to save that much.. if you were an e-1, then e-2....

Answer 10

READ YOUR CONTRACT!