financial aid information

 

What MyCAA Pays For: MyCAA Financial Assistance (FA) pays for expenses such as education and training programs, tuition, licensing and credentialing fees. This includes degree programs (e.g. associates, bachelors, masters, doctoral and post doctoral), continuing education classes (including those offered through professional associations), Bar, CPA and other similar exams, state certifications for teachers, medical professionals and other licensed professionals. MyCAA does not pay for computers, school application fees, graduation or membership fees, student activity cards, child care, parking, transportation, or medical services. NOTE: If the cost of a course includes books, supplies or other necessary equipment, MyCAA will cover that cost. Payments are made directly to schools using the MyCAA’s electronic payment system. Referrals are made to federally funded English As A Second Language (ESL) Classes and GED Classes and Testing Programs.

 

How MyCAA Financial Assistance (FA) Works: A military spouse can apply for MyCAA Financial Assistance (FA) after completing a MyCAA Career and Training Plan.

  • A Career and Training Plan includes the spouse’s chosen career field, name of school and course information (course titles, codes, costs and start/end dates). If incorrect information is provided, the MyCAA Financial Assistance (FA) Request will be rejected during the school invoicing process. The spouse will then be responsible for paying course costs.
  • FA Requests are initiated each time the spouse adds specific course start/end dates when it is time to enroll in one or more courses included in the spouse’s Career and Training Plan.
    • It is critical that spouses select the correct school name/campus location and input correct course information into their Career and Training Plan to prevent billing problems. This information should be validated by school officials prior to the spouse applying for MyCAA Financial Assistance (FA).
    • Career and Training Plans may be edited (e.g. courses may be changed or dropped) up to ten days prior to the start date of a course. At that point, the Plan will be approved and locked for billing purposes to guarantee the spouse a seat in the class. Courses may be added up until 7 days past course start dates.
    • Data in the Career and Training Plan is used to validate school bills for payment purposes. Approved courses may be billed by the school at or below stated costs. Schools may charge penalty fees, partial or full course costs for dropped courses according to their published Drop/Add policies. Spouses need to be familiar with these school policies.
      A military spouse can apply for MyCAA Financial Assistance (FA) after completing a MyCAA Career and Training Plan.