A Silver color metal and enamel device 1 1/4 inches (3.18 cm) in height consisting of a shield blazoned: Sable, issuant from base a mounted knight on horse caparisoned, grasping a staff floatant a banner in dexter hand and a shield in sinister hand, Argent, between the North Star and the constellation Ursa Major of the like. Attached below the shield a green scroll inscribed "COLONY KNIGHTS" in Silver letters.
Green, black, and white (silver) are the school's colors. The knight is the school mascot and reflects the cadets' leadership training. The constellation Ursa Major and the North Star allude to the Alaska state flag and denote the location of the school.
The shoulder loop insignia was authorized 12 May 1994.