The Career Advancement Account Process

I've written before about the amazing Career Advancement Accounts being offered by the Department of Defense via Military One Source.  I've been dawdling my way through the process of applying for financial assistance through the CAA system and I'm nearly done - just in time to register for spring classes.

The application process itself is pretty simple.  First, you create an account.  Write your password down (seriously; I've had to reset mine several times.)  Once you've created an account, you'll be shown a simple checklist of the steps, including:

• Agreeing to the Statement of Understanding that outlines the program.
• Enter your previous education.
• Enter your career history.
• Create your career and training plan.  (This part is slightly tough if you're not exactly sure what you want to study, such as if you are choosing between two variations on a similar degree.)

Once you've created a plan, then you send a message requesting that your plan be approved.  The program is currently quoting a four week wait for approval so be sure to start the process in enough time.  When you receive your approval, you then update your account each time you register for new classes.(within 90 days of the start of classes.)  The CAA payments are made directly to the school.

This seems like a no-brainer to me - free money for school.  I have a lot of questions about how long this program might last so I'm going ahead and taking my classes now even though this isn't exactly the right time for our family.  I hate to be pessimistic but you know how sometimes these things get changed as time goes by and I would hate to miss out on such a generous offer..

Comments

[Christine C]

I am currently using the aid through CAA now. It's great! Just make sure that your school posts your grades when you finish each class or you cannot use any more of the aid until that has happened.

[Kate Kashman]

Thank you for the report and that piece of advice, Christine. I can't wait until I get approved!

[Laura B]

I have applied and used the CAA money for grad school. I was so excited to finally find a spouse-aid package that would support higher education. I've had girlfriends use the money for their Doctorate and to become a trainer at the gym.
If you do have a question I would suggest using the email option on their website. You usually get a response within 24 hours.

[Kate Kashman]

That is excellent, Laura! I guess that is one of the reasons I'm concerned about how long this program will last - it seems too good to be true. I'm glad you were able to use it.

[Christine C]

I agree with the e-mailing any questions. They do usually respond within 24 hours.