Dependents of military and army officials enjoy a lot of perks compared to other civilians. Since they have made a great sacrifice by allowing their loved ones to put their lives on the line for the safety of our great nation, there are special programs designed to make life just a little bit more convenient for them. One such program is the MyCAA program.
As you may already be aware, this program grants funding to eligible military spouses who wish to pursue a further education. You can get up to $4000 in financial aid towards the tuition of your course. This may not seem like such a big amount, as some courses are rather expensive to pursue, but if you know how to manage it well, it can take you a long way.
How Can I Make the Most of My Funding?
The first thing you need to know if you want to make the most of your funding is exactly what your MyCAA program will and will not cover. Once you have a clear picture about the coverage of your funding you will be able to make an informed decision about your course and school and avoid paying any extra charges that are not covered by your MyCAA program.
Here are 3 simple suggestions that will ensure that you get the most out of your MyCAA funding.
1. Know What Is Covered
MyCAA funding covers degrees, licenses, certificate courses and education for a portable career. Here is a list of portable career fields that are covered by MyCAA programs:
– Business Administration/Management
– Real Estate
– Health Care
– Hospitality and Hotel Management
– Human Resources
– Homeland Security
– Information Technology
2. Choose the Right School
Once you know what you want to pursue as a career, it is now time to plan on how to handle the finances. And the first step is choosing the right school. The first thing to consider obviously is whether or not the school of your choice has MyCAA approved programs. It is true that there are a lot of limitations on which schools you can enroll in but there are still tons of approved MyCAA institutions for you to choose from. All you have to do is submit one of their names when you apply for funding.
3. Live Within Your Means
When asking anyone for advice on how to handle finances, the first they will tell you is to live within your means. So, in this case, if you know you are getting $4000 in financial aid, the most obvious solution is to pick a school that offers the course that you want, within this budget.
There are tons of accredited online career schools, like Career Step, that are quite affordable. It has helped over 7000 military spouses to kick start their careers. In fact, most schools charge around $3500 to $4500 on an average, for an entire course. So if you find a school that fits in your budget, you are already well on your way to making optimal use of your MyCAA funding.
Don’t even for a second be discouraged about applying to a MyCAA program for fear that you will not receive funding. Also, if you are worried about having to wait a really long time for the scholarship to come through, don’t be. All you have to do is visit https://aiportal.acc.af.mil/mycaa and complete the entire process and be done with the whole thing in as little as two weeks.
So what are you waiting for? Call up your Academic Advisor and get started on your MyCAA application today!
Frida has been working as a career guidance counselor for about 12 years. She’s stayed on top of growing industry trends through market research and interaction with young students and working professional alike. Her hobbies include swimming, meditation and music. She believes that everyone can enjoy a lucrative career by paying close attention to their passions and aptitudes. Of late, Frida has been focused on researching career opportunities for military spouses that they can pursue despite having a volatile military lifestyle.