About the Author

Kate Horrell
Kate Horrell is a military financial coach, mom of four teens, and Navy spouse. She has a background in taxes and mortgage banking, and a trove of experience helping other military families with their money. Follow her on twitter @realKateHorrell.
  • Ilana

    I agree it’s confusing. I have an existing account, am pursuing a master’s degree and have already used over $4000. Does that mean I’m out of luck for the rest of my 6 grand?

  • Hallie

    I’m confused as well. I’m finishing up my bachelor’s degree and have only used between $500 and $600 so far. But since I’m getting a “higher level” degree does that mean after the October date I can’t use it anymore?

  • Julia

    You’re not out of luck if you can register for your classes before the October deadline. They will honor any FA requests that are made before October 21st, (starting September 1st you can request Financial Assistance for classes starting up until January 15th). I’m taking 8 week classes and have $3000 left in my MyCAA account. So using myself as an example, on September 1st I am going to go ahead and request financial aid for 4 classes (only 2 concurrent classes at a time), making sure they all start before January 15th, and that will use up the rest of my MyCAA funds. That way, on October 21st when I no longer qualify under the new guidelines, they will still honor the financial assistance requests that I have already submitted and I will be able to use the funds up that I have already been granted. I hope this helps a little and I really hope I haven’t confused anyone more than you already might be:)

  • Amanda

    Thanks, that is what I got from it also.

  • Denise

    Thank you so much Kate! I think I sat and read that paragraph atleast 10 times. Trying to figure out exactly what they were trying to say. I have not used any of my aid yet (the course I chose was later cancelled.) And I do not have an active career plan. As of right now, I have no idea if I should rush to get something done by the end of August or if things will actually be “normal” in the months to follow. Any info you could get and give would be TRULY appreciated! Thank you!!!

  • Tammy

    I am enrolled in school now and using the MyCAA. If any of you are also enrolled contact your schools financial aid off or your MyCAA rep. They can explain it better.

    MilitaryOne Source is a great resource, but when dealing with the many changes for education they are behind. There is a site for MyCAA on Military One Source’s website, under the MyCAA there should be a contact number, so you can call them directly.

    I hope this helps.

  • amor cesar

    my husband is active duty E-6… am i gonna be qualified for mycaa?

  • dana

    So that download is safe? They make you download something off the site to continue and my computer keeps giving me a warning! Have yall done that?