New Military Spouse Career          

    Advancement Account (MyCAA)

  

· Be available to spouses of active duty service members in pay grades E1-E5, W1-W2, andO1-O2

· Offer a maximum financial benefit of $4,000 with a fiscal year cap of $2,000. Waivers will be available for spouses pursuing licensure or certification up to the total maximum assistance of $4,000

· Require military spouses to finish their program of study within three years from the start date of the first course

· Be limited to associate degrees, certification and licensures

These new guidelines reflect a return to the original purpose of the program - to assist spouses of servicemembers achieve portable careers. These changes also align the program with responsible fiscal planning by the Defense Department to help sustain the program. Additional program details will be posted on this Web site when they become available. We encourage you to check the site often.

Spouses who currently have an active account as of the date of this announcement (20 July 2010), must request approval of a career plan not later than August 31,2010. Beginning September 1, 2010 through October 21, 2010, spouses with active accounts may request financial assistance for classes with a start date up to (but not beyond) January 15, 2011. All currently approved financial assistance documents will be honored.  Additionally, the review revealed that National Guard and Reserve members must be on active duty for their spouses to receive the MyCAA benefit. Spouses may no longer use the MyCAA benefit when the servicemember is in an alert or demobilization period. The new eligibility rule takes effect immediately. 

   For more information and FAQ's,

please visit the militaryonesource.com website.