The Navy Exchange reminds eligible pupils that they can enter its drawing for U.S. Savings Bonds.
Through its A-OK Student Reward Program, the exchange offers winners bonds in the amounts of $5,000, $3,000, $2,000 and $1,000. Drawings are held each quarter throughout the school year; the first drawing is this month.
The program was created in 1997 to reward pupils for getting good grades, according to an NEX news release. Since then, $200,000 in savings bonds have been awarded to 60 children.
Any eligible full-time pupil with a B grade-point average equivalent or better, as determined by the pupil’s school system, may enter. Eligible pupils include dependent children of active-duty servicemembers, reservists and military retirees enrolled in first through 12th grades. Dependent children without an individual dependent identification card must be accompanied by their sponsor to submit an entry. Children may enter only once each grading period and must re-enter with each qualifying report card.
Pupils may enter by bringing current report cards to any NEX to verify their grades. They will receive an A-OK ID, which offers discount coupons for NEX products and services.