The Naval Academy has an alternate verse that is sung as our fight song. It is usually sung as the replacement to the first verse.
Stand Navy down the field
Sails set to the sky!
We will never change our course,
so Army you steer shy.
Roll up the score Navy,
Sail Navy down the field,
and sink the Army (sink the Army) grey!
Also, it should be noted that an anchor is aweigh as soon as it no longer touches the bottom.