Under current Department of Defense regulation, the various components of the U.S. Armed Forces have a set order of seniority. Examples of the use of this system include the display of service flags, placement of Soldiers, Marines, Sailors, Airmen and Coast Guardsmen in formation, etc. When the Coast Guard shall operate as part of the Department of the Navy, United States Coast Guard Academy cadets, the United States Coast Guard and the Coast Guard Reserve shall take precedence after United States Naval Academy midshipmen; the United States Navy; and Navy Reserve, respectively.
As of 2017, the U.S. spends about US$610 billion annually to fund its military forces and Overseas Contingency Operations. Put together, the U.S. constitutes roughly 40 percent of the world's military expenditures. The U.S. Armed Forces has significant capabilities in both defense and power projection due to its large budget, resulting in advanced and powerful technologies which enables a widespread deployment of the force around the world, including around 800 military bases outside the United States. The U.S. Air Force is the world's largest air force, the U.S. Navy is the world's largest navy by tonnage, and the U.S. Navy and the U.S. Marine Corps combined are the world's second largest air arm. In terms of size, the U.S. Coast Guard is the world's 12th largest naval force. 
All of the branches work together during operations and joint missions in Unified Combatant Commands, under the authority of the Secretary of Defense with the typical exception of the Coast Guard. Each of the Unified Combatant Commands is headed by a Combatant Commander, a senior commissioned officer who exercises supreme command authority per 10 U.S.C. § 164 over all of the forces, regardless of branch, within his geographical or functional command. By statute, the chain of command flows from the President to the Secretary of Defense to each of the Combatant Commanders. In practice, the Chairman of the Joint Chiefs of Staff often acts as an intermediary between the Secretary of Defense and the Combatant Commanders.
The Army, Navy, Air Force and Marine Corps each provide tuition assistance (a "kicker") in addition to what you earn through the Montgomery GI Bill. Each service controls the amount of extra money it provides. The Army fund increases the amount of support to as much as $70,000, the Navy fund increases the amount of support to as much as $50,000 and the Marine Corps fund increases the amount of support to as much as $30,000. College Funds are awarded on a competitive basis according to academic merit (i.e., scoring in the top half of the Armed Services Vocational Aptitude Battery). To qualify one must also agree to serve six years.