posted by admin on Jun 24
Mycaa Military Spouse Accounts ? Funds Reinstated!
Are you an active-duty military spouse that had to place their education on hold after losing your MyCAA funds? On March 13, 2010, the Specialty of Defense (DoD) made a very special announcement concerning MyCAA military spouse accounts – funds will be reinstated for accounts that are currently open.
This means that military spouses who have existing accounts will have access to the entire MyCAA Web site. This includes the ability to make and have financial documents approved.
This excellent news follows a previous DoD announcement that stated the MyCAA program would be temporarily on hold for an unspecified amount of time. Now, military spouses who opened MyCAA accounts can do what they originally set out to do – pursue their education.
Do you have questions in this area how MyCAA works? Here’s a brief overview of the program to get you started:
What is the MyCAA program?
The DoD Military Spouse Career Advancement Accounts program provides military spouses with up to ,000 of financial help for pursuing an education that will lead to a ticket, certification, credential or degree and a portable career.
Who is eligible?
Under the recent changes announced by the DoD on March 13, you must meet the following in order to be eligible for MyCAA:
Be a spouse of an active duty service member or a spouse of an activated member of the National Guard/Reserve who are on Title 10 instructions
Currently have an existing/open MyCAA account
What does MyCAA cover?
Education and Schooling Courses
Professional Licenses, Licensing Exams and related prep courses
Certifications
Credentials
Continuing Education (CEU)
Degree Programs
High Teach Completion Courses and ED Tests
English as a Second Language Courses (ESL)
Does MyCAA cover the expenditure of materials and items related to obtaining my education?
The following items are not covered under MyCAA:
Computers
Miscellaneous Electronic Items (laptops, iPods, etc)
Application Fees
Association Membership Fees
Student Activity Cards
University Entrance Exams or Related Preparation Courses
Health Care Services
Outcome Care Services
Transportation and Parking Fees
Graduation Fees
I have an existing MyCAA account. How are the funds provided to my learning program or teach?
Using your existing MyCAA account, you will need to make a Schooling Plot. Your Schooling Plot will include your career field of interest, a job description/occupation, the name of the schooling program or teach and course information (i.e. expenditure, course name, course code, etc). You will need to provide information for at smallest amount one course.
Next, your MyCAA Financial Help (FA) request will be submitted. Once approved, your MyCAA funds will be provided directly the program or teach you specified on a course by course footing.
How do I go in this area selecting the right portable career?
As a military spouse, you have probably endured your share of PCS moves. So, why not use MyCAA funds to train for a portable career? And there are some fantastic options to consider. For example, you can use your MyCAA funds to place your name down in an online teach (also portable) and pursue a health care career in the health check transcription field.
In fact, many health check transcriptionists work from home, and with the right schooling and experience, evenly start their own transcription businesses! This is a beneficial career option for busy military spouses who want to contribute to their family’s financial stability, but must also juggle the responsibilities of being a single parent while a spouse is deployed.
If you haven’t resolute on a career path, Health check Transcription is among the exciting, portable career options that are worth looking into. If you need help, consider contacting a MyCAA Career and Education Consultant (visit the military one fund Web site for the most up-to-date contact information).
If you have an open MyCAA Military spouse account, don’t let the opportunity to pursue your education pass you by.
Gianna Gee is a military spouse who is using her MyCAA military spouse account to complete an online education course that will arrange her for certification in the health care field. Like many military spouses, she was devastated at the DoD’s temporary halt of the MyCAA program. Now with the DoD offering the MyCAA program to existing accounts, she hopes to encourage military spouses to utilize this very special opportunity to pursue an education.
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