Military Spouse Career Advancement Accounts
Beginning October 25, 2010, the Department of Defense will be accepting new MyCAA accounts. The MyCAA program will reopen to all eligible spouses under the new program guidelines. All spouses, including those currently participating, will be subject to the new eligibility criteria and revised funding limits.
MyCAA is a program approved by the Department of Defense to aid military spouses with financial support for education. Through MyCAA, spouses will be offered a maximum financial benefit of $4,000 with a fiscal year cap of $2,000. Waivers to the fiscal year cap will be available for spouses pursuing licensure of certification up to the total maximum assistance of $4,000.
1. Must be the spouse of an active duty Army, Navy, Air Force, or Marine servicemember or activated Reserve member in pay grades of E1-E5, W1-W2, and O1-O2
- If the spouse of National Guard and /or AGR member, the sponsor must be on federal Title 10 active duty orders as reported in DEERS.
- Spouses of Guard/Reserve members in an Alert, Transition Assistance, or Post Deployment status are not eligible.
2. Must be seeking an associate's degree, certification, or licensure
3. Must finish your program of study within three years from the start date of the first course
MyCAA- Important Dates
September 1, 2010- Spouses may begin requesting financial assistance for classes that have a start date up to January 31, 2011
October 21, 2010- Last day for spouses who have an active MyCAA account to submit financial assistance documents
October 22-25, 2010- MyCAA portal will be closed
October 25, 2010- MyCAA portal will be open to all eligible spouses under new program guidelines
January 31, 2011- Last day for spouses with a current MyCAA account to begin classes under current MyCAA program terms
For more information, check out the MyCAA homepage.