Cash for Careers

Remember the Career Advancement Accounts we spoke about earlier? These are the accounts for military spouses that go toward funding education costs at the rate of $3000 per year, renewal for up to 2 years for a maximum of $6000. It’s a program that has come out of a collaboration between the Department of Defense and the Department of Labor to promote portable career options for military spouses. It’s currently being piloted at 18 demonstration sites in 8 states.

Although a great deal, many of us were very disappointed in that the program was too narrow in its scope. Originally, only spouses married to E-1’s to E-5’s and O-1’s to O-3’s were eligible and you had to be pursuing a course of study in 5 disciplines deemed highly portable. Well, I’m happy to announce that the program has been expanded to include active duty military spouses married to service members of any rank (at the demonstration sites) and they have added several more categories to the areas of study. Check it out.