Who is responsible for the custody of the Personal Financial Record (PFR) for a member who is a NROTC midshipman?

The responsibility for the custody of the Personal Financial Record (PFR) for a member who is a NROTC midshipman lies with the Commanding Officer of the NROTC unit. This is because the Commanding Officer oversees the administration and management of all student records within the unit, including financial records that are essential for managing funds, scholarships, and benefits related to the midshipman's education and development.

The Commanding Officer ensures that these records are maintained, monitored, and properly secured, aligning with the regulations and policies set by the Navy. This role includes safeguarding personal financial information and being accountable for its use within the framework of the NROTC program.

In contrast, while midshipmen may have access to their own records, the ultimate responsibility lies with the commanding authority. Institutions like the Naval Academy and higher command levels, such as the Chief of Naval Operations, play different roles in the overall training and governance of midshipmen and do not directly manage individual financial records.