What's pay like in the Merchant Navy?

Once you've finished your cadetship, during which your tuition fees and expenses will be met by your sponsoring shipping company (so probably no student debt), you will become a salaried Merchant Navy Officer.

Current rates of pay

Merchant Navy Engineering Officer: approximate starting salary £23,000+ per year, rising as you progress.

Merchant Navy Deck Officer: approximate starting salary £23,000+ per year, rising as you progress up to £47,000 - and some earn even more.