Paying for College Through Military Service with Matt Bell

Dec 18, 2025

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With college costs rising faster than inflation, many families feel cornered—scrambling for scholarships, stretching savings, or bracing for years of student loan payments. But there’s one meaningful option that often gets overlooked: military service.

For students who feel led to serve, military pathways can provide full tuition, a monthly stipend, and exceptional leadership development—all while graduating debt-free. Today, we sat down with Matt Bell, Managing Editor at Sound Mind Investing, to explore how these programs work and who they’re best suited for.

Matt brings a personal connection to this topic. One of his sons is currently attending the U.S. Air Force Academy, and his insight helped illuminate both the opportunity—and the responsibility—this path entails.

Why Military Education Pathways Are Often Missed

For the right student, military service can be a remarkable way to fund higher education. And that qualifier matters.

As Matt shared, these programs are designed for students who are willing to serve their country and take on demanding challenges. In return, the military offers generous education benefits through several primary pathways—most notably the U.S. Service Academies and the Reserve Officers’ Training Corps (ROTC).

Beyond the financial benefits, these programs offer leadership training and real-world experience that traditional colleges can’t replicate. Matt mentioned that his son is currently choosing between summer programs such as jump school, where cadets learn to parachute, and soaring school, which involves flying gliders. Those aren’t exactly typical college electives.

The U.S. Service Academies: What Families Should Know

There are five U.S. Service Academies:

At each academy, tuition, room, and board are fully covered, and students receive a monthly stipend. But admission is highly competitive. Some academies have acceptance rates as low as 9–10%.

Applicants are evaluated holistically. Strong academic performance, high SAT or ACT scores, physical fitness, athletic participation, and demonstrated leadership all matter. Character is essential as well—letters of recommendation play a key role.

And then there’s one more hurdle: a nomination from a member of Congress or the Vice President (required for all academies except the Coast Guard). That process alone requires early planning and persistence.

Graduates of the service academies don’t walk away with a “free” education—they earn it through service.

Typically, graduates commit to five years of active-duty service followed by three years in the reserves. Specific roles, such as pilots, require longer commitments—often up to ten years after specialized training.

All graduates are commissioned as officers, gaining leadership experience that opens doors to a wide range of future careers, both within and beyond the military.

ROTC: A Different—but Still Powerful—Option

ROTC offers another pathway and is available on more than 1,700 college campuses nationwide.

Unlike the academies, ROTC students experience a more traditional college environment. They typically wear uniforms one day a week rather than full-time, and they integrate military training alongside their academic studies.

ROTC scholarships can cover tuition and room and board, and graduates are commissioned at the same officer rank as academy graduates. Service commitments are generally slightly shorter, but the calling to serve remains central.

As appealing as debt-free college and leadership training may sound, there’s a sobering reality families must weigh carefully.

Choosing this path means committing to serve your country—and that includes the possibility of combat. This isn’t just a financial decision or a résumé booster. It requires discernment, maturity, conviction, and a willingness to place service above self.

Final Thoughts

Military education pathways are not for every student—but for the right one, they can be transformative. They offer freedom from student debt, unparalleled leadership development, and the opportunity to serve something greater than oneself.

As families prayerfully consider college decisions, this option deserves thoughtful, informed consideration—not just for what it provides, but for what it asks in return.

On Today’s Program, Rob Answers Listener Questions:

I have Parkinson’s and will need to stop working soon. I live in a paid-off home, and I also own a beach property with a mortgage. Once I stop working, I won’t be able to afford that payment. The beach home has been on the market for over a year and a half without selling. If I allow the bank to foreclose on it, what are the consequences—especially when it comes to taxes and whether it could affect my primary residence?
I’m trying to understand whether a will is enough for my situation or if I need additional estate planning. I want to be sure my children receive everything I intend to leave to them.
I’m taking early retirement from the government and have just over $1 million in my Thrift Savings Plan (TSP). I’m in my early 50s and plan to focus full-time on caring for my family. I want guidance on how to proceed with that money.

Resources Mentioned:

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