Funding Sources for Career Training: Do You Qualify?

With numerous people currently in between jobs, many find themselves with an opportunity to reskill and develop themselves in order to reenter the workforce at the top of their game. However, for many, the thought of a financial investment turns the opportunity into a large roadblock. But wait… we may have a solution for you.

At New Horizons, there are several tuition funding sources available, some of which you must apply and qualify for. The first (and easy) step is to reach out to one of our Career Consultants to help you identify the funding sources available in your state.

With the help of one of our Career Consultants, we will help determine if one of the following funding options is right for you.

MyCAA Program Funding

The Department of Defense (DoD) Military Spouse Career Advancement Accounts (MyCAA) program provides up to $4,000 of financial assistance for military spouses who are pursuing degree programs, licenses or credentials leading to employment in Portable Career Fields.

GI Bill Funding Options

The GI Bill® is a collection of education and other benefits provided to service members and veterans. New Horizons offers a variety of training programs that qualify for GI Bill® funding. Depending on the type of GI Bill® and percent of eligibility, you can get started with little or zero out of pocket expense or education loans.

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.

Vocational Rehab

Vocational Rehabilitation and Employment (VR&E) services are available to help with job training and other job seeking skills. Veteran services are also available to assist them in starting a new business or help with independent living services for those who are severely disabled and unable to work in traditional employment.

Workforce Innovation and Opportunity Act (WIOA) Funding

Workforce Innovation and Opportunity Act (WIOA) focuses on job training for adults, dislocated workers and youth. WIOA is a state funded program which assists individuals in acquiring skills necessary to obtain and maintain employment and can include funding for retraining.

Incumbent Worker Training

The Employment and Training Administration (ETA) has granted states the ability to make flexible decisions about training dollars for incumbent workers.

At New Horizons, we understand your drive and commitment. We know how hard you’re willing to work for what you want. Our goal is to help you get there.

Also, New Horizons is proud to be a Military Friendly School, representing the top tier of institutions with leading opportunities for military service members and their spouses.

Review our Career Training page to learn more about how New Horizons can help transition you into a new career. While there, fill out our form at the bottom of the page to be contacted by one of our expert Career Consultants. Our Career Consultants will walk you through our available programs to find one perfectly suited to your interests and career goals.

Looking for another resource like this one? Check out our recent blog 10 Career Skills to Have During and Post-Pandemic 2020.

Categories: Career Training
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NH Learning SolutionsAndrea Reynolds

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