Military Spouse Career Advancement Accounts (MyCAA)

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One of the most popular spouse education benefits is the Military Spouse Career Advancement Accounts, or MyCAA. This program, which is sponsored by the Department of Defense (DOD), aims to help military spouses train for what the DOD terms "portable careers." These careers--like teaching, nursing, or accounting, among others--have training requirements that can be easily transferred from one location to another, thus making them ideal careers for spouses of servicemembers.

The MyCAA program provides up to $4,000 in financial assistance in attaining the education, training, licenses and certifications necessary to train for a portable career. Additional details include:

• Benefits can only be applied toward associate's degrees, certifications and licensures.
• MyCAA benefits are available to spouses of active duty servicemembers in pay grades E1-E5, W1-W2, and O1-O2.
• The military spouse must complete the program within three years from the start of the program.
• There is a yearly cap of $2,000, but waivers are available for spouses pursuing licensure or certification so that they might use the maximum benefits of $4,000.

The student is responsible for setting up this program with the VA. Your student help line is: 800-342-9647. This is your resource to obtain authorization to take your real estate classes. Once you have your authorization, call us and we will be happy to assist you in scheduling classes.

Call us @ 512-453-0900. We look forward to having you as a student.

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