Financial Support

Strayer University understands the many challenges faced by military families, and we realize how difficult it can be to pursue your educational and professional goals while supporting your spouse’s military career.

That’s why we are pleased to announce our participation in the Department of Defense’s Military Spouse Career Advancement Accounts (MyCAA) program. The MyCAA program provides up to $4,000 for military spouses who are interested in pursuing degrees, licenses, or professional credentials that lead to employment in high-growth, in-demand, and portable career fields.

Program Highlights

Eligibility

Spouses of active duty military personnel, including activated members of the National Guard and the Reserve Components, are eligible to receive MyCAA funding. Eligibility begins on the date of the Alert or Warning Order for Military Recall or Mobilization, through activation and deployment, and up to 180 days following demobilization.

Military spouses who are legally separated by state law or court order are not eligible. Spouses who are currently serving in the military are ineligible for the MyCAA program and should pursue their own active duty educational benefits. Public Law 110-417 Sec. 582 stipulates that spouses of Active Duty Coast Guard members are not eligible for funding through this program.

Covered Expenses

The $4,000 is a lifelong benefit that can be used to cover post-secondary education and training, tuition, licensing, and credentialing fees. This includes degree programs (i.e., associate, bachelor’s, and master’s degrees), continuing education classes, as well as costs associated with the CPA and similar exams. If the cost of a course includes books, supplies, or other necessary equipment, MyCAA will cover these expenses.

MyCAA funds cannot be used to pay for computers, application fees, graduation fees, student activities, child care, parking, transportation, medical services, or testing fees.

Portable Careers

One of the primary goals of the MyCAA program is to help military spouses earn the degree or credentials they need to find a “portable” career, meaning a job they can take with them when a military spouse is relocated from one duty station to another. These careers are typically in high demand fields, and can often be found in growing industries.

As an accredited educational institution dedicated to working adult students, many of Strayer University’s degrees may be considered suitable preparation for portable careers. Following is a partial list of academic disciplines that you may wish to pursue using funds from the MyCAA program:

• Accounting
• Business
• Education
• Finance
• Health Services
• Homeland Security
• Hospitality
• Human Resources
• Information Systems
• Legal

To find out more about our degree programs, as well as which programs are available near you, please visit our Catalog.

More Information

To learn more about the MyCAA program, or to get started right away, please visit the MyCAA Web site.

On this Web site, you can confirm your eligibility for receiving MyCAA funding and set up your Career and Training Plan, important first steps that you need to take to start earning your degree.

To request information about Strayer University’s academic programs, please fill out this form or call us at 1.888.378.7293.