Hey guys, a few questions about BDCP pay for the guys who are actually in:
I was under the impression you're just paid and treated as a normal E-3. No more, no less. "Go to school, keep in touch with the recruiter, make good grades, stay out of trouble, and we'll see ya in OCS in 2-3 years!", basically. Time in-service counts towards pay raises and promotions, etc, etc. Everything just like you're enlisted, but that your "job" is to go to school and work towards a degree and OCS.
Then I was cruising the net and found some sites that indicated BDCP pay was "capped" at like $18k for the non-technical, and "up to $27k" for the technical boys.
So what's the real deal on this?
OSD Military Compensation Web Site indicates total pay for an E-3 is around $35k (with pay + allowances, pre-tax). That's more than generous, but if it's capped somehow or if you don't get allowances, it would be good to know now.
-S
PS- Also heard you could still pay into the MGIB. The guy claimed it was kind of a weird loophole. Is that true? I wouldn't want to try to "stack them" but it'd be nice to have some money tucked away towards a Master's Degree. Especially for us Engineering folk, who kind of need one in some states.