WHERE DOES ALL THAT MONEY GO?

Since cadets are paid by the Air Force, why do they only call collect, write sporadically because of the "high" cost of stamps, want to use only Mom's and Dad's credit cards, preach poverty when it's time to purchase the Christmas and Spring Break airline tickets and drop endless hints about how "just a little extra" spending money would come in so-o-o-o handy? After reviewing the following, you will know where all that money goes! These figures were taken from the 2001 Cadet Budget, a copy of which is given to each cadet, and the figures are only estimates.

Government Advance Pay Loan
The government makes an advance pay loan in the amount of $6,500 to ensure funds are available for the cadet to pay the required initial charges. A 24 month payment plan is established to repay the loan and is deducted from the cadet pay.  The hold pay account is closed at the end of the third class year.    

Monthly Entitlements
Each cadet receives $820.00 monthly plus approximately $213.00 additionally each year in subsistence pay (meal money accrued at $5.03 daily) for periods of authorized leave and TDY. Payments are made at Christmas spring break and summer leave time.
 
Cash Allowances (monthly minimum guarantee)
4th Class: $100 3rd Class: $220 2nd Class: $820 (less deductions) 1st Class:   $820 (less deductions)

Periodic Cash Allowances for 4th Class Cadets
$180 in October for Christmas Break                  
$180 in January for Spring Break
$180 in May for summer activities


Monthly Deductions (approximate)						
Federal Taxes								12.00
State Taxes (based on residence of record)				15.00
FICA									53.00
Servicemen's Group Life Ins						20.00
Barber									  8.00
Dry Cleaning (4th class)						24.00
Laundry (4th class)							39.00
Linen									  5.00
Tailor									11.00
Allied Arts								45.00*
Spirit Fee								  5.00*
Athletic Fee								50.00*
KAFA Radio								  3.00*
Media Publications							40.00*