YMM Reading List

Monday, May 4, 2009

Real money for military spouses for school and training

Military One Source, a great source of information relevant to military members and their families, has a link to the DoD "My Career Advancement Account." This program provides $6,000 of financial assistance for eligible spouses directly to participating schools or other approved training programs. This program will pay for tuition, licensing, and credentialing fees, but won't pay for computers, application, graduation, and student activity fees, childcare, or other indirect costs.

This program is real, and will take just a little bit of effort on your part to set up. But for military families considering transferring Post 9/11 GI Bill benefits so a spouse can attend school, this program will pay benefits without incurring additional active duty service commitment, and the benefit can be retained for the veteran or for children.

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