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 As
a New Horizons student there are a number of tuition funding sources
available, some of which you must qualify and apply for. Your Career
Consultant can help you identify the funding sources available to you
and the one to best help you get started in your program of choice.
MyCAA Program Funding
The Department of Defense (DoD) Military Spouse Career
Advancement Accounts (MyCAA ) program provides up to $6,000 of Financial
Assistance for military spouses who are pursuing degree programs, licenses
or credentials leading to employment in Portable Career Fields.
Spouses of DoD Active Duty members and federally activated
members of the National Guard and Reserve Components are eligible. The
period of eligibility for spouses of Guard and Reserve members is from the
date of the Alert or Warner Order for Military Recall or Mobilization,
through activation and deployment until 180 days following De-Mobilization.
MyCAA Financial Assistance (FA ) pays for education and training programs,
tuition, and licensing/credentialing fees. MyCAA also pays for high school
completion courses, CED tests and English as a Second Language (ESL )
classes. MyCAA does not pay for education and training programs that include
computers (CPUs, laptops or other electronic devices); application,
graduation or membership fees; student activity cards; child care; parking;
transportation; or medical services. If a spouse enrolls in a course without
an approved MyCAA Financial Assistance (FA ) document, the spouse will be
responsible for paying course costs. MyCAA does not provide reimbursements
of any kind.
For more information about the MyCAA program
visit
https://aiportal.acc.af.mil/mycaa/default.aspx or view the
New
Horizons MyCAA Flyer.
Trade Adjustment Assistance (TAA) Funding
The TAA program helps workers who have lost their jobs as
a result of foreign trade. The TAA program offers a variety of benefits and
services to eligible workers, including job training, income support, job
search and relocation allowances, a tax credit to help pay the costs of
health insurance, and a wage supplement to certain reemployed trade-affected
workers 50 years of age and older. Individuals must be approved by the
local workforce development agency to receive this type of funding. For more
information about TAA funding visit
http://www.doleta.gov/tradeact.
Workforce Investment Act (WIA) Funding
The Workforce Investment Act (WIA) focuses on job training for adults,
dislocated workers and youth. WIA is a state funded, county administered
program assisting individuals in acquiring skills necessary to obtain
and maintain employment, which can include funding for retraining.
Individuals must be approved by the local workforce development agency
to receive this type of funding. For more information about WIA funding
visit
http://www.doleta.gov/programs/factsht/wialaw.cfm.
Incumbent Worker Training
Although the majority of training opportunities through the public
workforce system are for individuals who are unemployed or underemployed,
many states and local areas also support incumbent worker training as a
critical facet of their regional economic development strategy. In fact,
lifelong learning is increasingly the norm--and continuous skill development
is often required to keep a step ahead of the global competition.
The Employment and Training Administration (ETA) has granted states the
ability to make flexible decisions about training dollars for incumbent
workers. Different states have made different decisions about whether they
will support such training, which high-growth industries will be eligible,
and yearly limits, among other important considerations. To learn more about
programs in your state and whether your company may qualify, visit your
local
One-Stop
Career Center, talk to the local
workforce investment
board, or visit your state workforce agency.
No Worker Left Behind (Michigan)
The No Worker Left Behind (NWLB) Program was implemented in the State of
Michigan by Gov. Jennifer Granholm in 2007. The program provides tuition
assistance to help Michigan workers acquire the skills they need to get
connected to good-paying jobs in high-demand and emerging fields to
foster economic growth within the state. Individuals must be approved by
the local workforce development agency to receive this type of funding.
For more information about the No Worker Left Behind program visit
http://www.michigan.gov/nwlb/.
Student Loans
Students enrolling into a Career Education Program
may wish to secure a student loan. New
Horizons recommends consulting
your banking institutions or
financial advisor on the best
loan options available to you. Some
common features of student
loans include:
- Inclusion of all educational expenses such as training costs,
fees, books, exams, computer hardware and software
- Low interest rates>
- Deferment options
- No prepayment penalties
- Repayment options
For more information about funding sources please
contact a Career Consultant.
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