Help Needed

Does anyone know anything about the veracity of this?

The conditions of the program are simple. A young man who is at least 14 years old and has a parent's permission can enlist in the U.S. military, but will not report to duty until he reaches the legal age. The future soldier agrees to remain "physically and mentally fit" and to undergo annual physical examinations at the Military Entrance and Processing Station (MEPS). In exchange, the government provides him a $10,000 sign-on bonus that is paid in yearly installments of $2,500 until the age of 18, at which time any remaining balance is given to the recruit....

Dr. P has a link to the original article in his post; anything I found in my research led back to same article. If you know or can find out anything about whether this is true, will you please let me know?