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The Fleet Scholars Education Program (FSEP), established in 2015, rewards top performers within the unrestricted line (URL) and Information Warfare (IW) communities with fully funded graduate education for up to two years at a civilian institution. For this MBA project, the author conducted a survey of the FSEP participants as of March 2020 and found that the program appears to meet its stated objective of retaining qualified and talented officers from the URL and IW communities. From the survey responses, more than half of the officers who planned to leave the Navy prior to their FSEP enrollment decided instead to continue their Navy service. Using tuition data and publicly accessible compensation information, the author generated a first estimate of the total cost of the FSEP of approximately $10 million per year when both direct and indirect costs are accounted for. To increase returns from the program, the author recommends targeting the FSEP to officers with 6–7 years of service while also making a concerted effort to utilize the degrees attained from the program. Ensign, United States Navy Approved for public release. distribution is unlimited |