Hiring Organization: | Air Force Civilian Service |
Industry: | Government Administration |
Employment Type: | Air Force Internships |
Date Posted: | 2025-03-12 |
Closing Date: | 2025-09-30 |
Job Location: | USA |
Looking for exciting opportunities to jumpstart your career in financial management? The U.S. Air Force offers an incredible chance to step into the world of budgeting and cost analysis through its PALACE Acquire (PAQ) Internship Program. This program is designed to develop the next generation of financial leaders by providing recent graduates and early-career professionals with hands-on experience and mentorship. If you’re passionate about numbers, problem-solving, and making a real impact, this internship could be the perfect fit.
Program Overview:
The Budget Analyst role is part of the PAQ program and focuses on financial management within the Air Force. Interns will be immersed in tasks that develop their analytical, technical, and decision-making skills. It’s a rare opportunity to gain experience across a variety of financial functions while contributing to the Air Force’s overarching mission.
Key Responsibilities Include:
- Supporting budget formulation by reviewing and preparing annual funding for stable organizations or accounts.
- Performing essential tasks related to budget execution, ensuring funds are allocated and used properly.
- Assisting with cost analysis to hone procedural and analytical skills.
- Conducting research, analyzing data, and presenting financial findings to improve budget planning.
- Utilizing automated financial management tools and systems to monitor and report on spending.
- Completing special assignments aligned with the PAQ program’s formal training plan.
This budget analyst role is a stepping stone to a rewarding career within financial management in the federal government.
Who Can Apply?
The Air Force is looking for driven and detail-oriented individuals who meet the following qualifications:
Eligibility:
- Open to U.S. citizens, recent graduates, veterans, and federal employees.
- Recent graduates must have completed a bachelor’s or master’s degree from an accredited institution within the last two years (or six years for veterans).
Academic Requirements:
- For GS-07 positions, applicants need at least one full year of graduate-level coursework, or a bachelor’s degree with “Superior Academic Achievement” (SAA).
- SAA can be demonstrated through a GPA of 2.95 or higher, membership in a national scholastic honor society, or graduating in the upper third of your class.
- For GS-09 positions, applicants must have a master’s degree or equivalent graduate education in a finance-related field such as business, accounting, or economics.
Applicants with strong academic records and a background in financial management, budgeting, or analytics will have a competitive edge.
Requirements
To qualify for this internship and succeed in the role, candidates need to demonstrate certain skills and meet specific conditions, including:
- A security clearance (or the ability to obtain one).
- Mobility, meaning a willingness to relocate during or after the training period as program needs evolve.
- Basic knowledge of financial management laws, regulations, and practices.
- Strong research, analytical, and data interpretation skills, including proficiency in using financial IT tools.
This internship also requires meeting suitability standards for federal employment, such as satisfactory background checks and adherence to direct deposit and selective service registration requirements.
Salary and Benefits
The PAQ program offers an attractive compensation package, ensuring interns are well-supported throughout their training period.
Salary:
- Budget Analysts are hired under GS federal pay grades and can expect annual promotions as they progress in the program. Starting grades and salaries depend on the level of education and experience candidates bring with them.
Benefits:
- Paid federal holidays and leave entitlements.
- Access to comprehensive healthcare plans.
- Eligibility for retirement savings programs and pension options.
- Recruitment incentives and potential for student loan repayment (for qualifying roles).
- Opportunities to earn additional certifications (e.g., Department of Defense Financial Management Certification).
The PAQ program sets participants up for long-term success by offering hands-on training, job security, and career progression.
Why Choose the PAQ Internship?
This internship is more than just an entry-level job; it’s a career-building opportunity designed to maximize growth and learning. The program includes a three-year formal training plan that combines work assignments with mentoring and classroom-style training. Promotions and pay increases are earned yearly based on performance, providing the perfect environment for career advancement.
You’ll gain critical knowledge in areas such as budget formulation, cost analysis, and financial planning while being mentored by highly experienced professionals in the Air Force Financial Management Career Program.
How to Apply
Applying for the PAQ internship is straightforward, but attention to detail is key to ensuring your application stands out. Here’s how to get started:
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Prepare Your Documents:
- Resume: Clearly describe your work history, education, and achievements. Be specific about how your skills align with budgeting or financial roles.
- Transcripts: Include all undergraduate and graduate transcripts to verify GPA and academic qualifications. If you’re basing your eligibility on SAA, make sure the relevant documentation is included.
- Supporting Documents: Veterans should submit appropriate military service documentation (e.g., DD-214) to claim preference eligibility.
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Submit Your Application:
Applications are managed through online federal hiring platforms like USAJOBS. Follow the instructions in the job announcement closely and ensure all parts of your application are complete before submission. -
Get Evaluated:
Applications are reviewed for completeness and eligibility. Well-qualified candidates will move forward to additional assessments or interviews as required. -
Monitor Your Status:
After submitting your application, log in to your USAJOBS account to check the status of your submission and ensure you meet follow-up deadlines.
By submitting a polished application and highlighting your skills and accomplishments, you’ll position yourself as a top candidate for this highly selective program.
Take the First Step Toward an Exciting Career
The Air Force’s PALACE Acquire Program is not just an internship—it’s a direct pathway to a fulfilling career. You’ll finalize your training period with a deep understanding of financial management, technical expertise, and the leadership skills needed to excel in the federal workforce.
For students and recent graduates passionate about developing their career, the PAQ internship provides real-world experience paired with opportunities for personal and professional growth. If you’re ready to tackle exciting challenges, apply today and set your course for success with the Air Force!