Dropping Classes with MyCaa

[KatReborn]

Does anyone know what happens when you drop a class if MyCAA paid for it, do I have to refund the money? Some really crappy personal stuff has come up, and I have managed to stay on top of 3 out of 4 of my classes but one of them the work load was too much and I have fallen too far behind to catch up.

Thanks for the help.

[SNK]

I'm not 100% sure on this but I don't think you have to refund the money... however you won't be able to use that money again. You loose what was spend on those classes and you only can use what you have remaining...

[Carlye<3Sailor]

I have no idea ..

But question - so the 6,000, thats a one time thing, right?

[Victoria]

No you don't have to pay back the money. IF you drop the classes during your school's refund period, then your school can send the money back to MyCAA so it can be refunded to your account.

If you drop classes AFTER the refund period, then all that will happen is you'll still lose out on that money from your MyCAA account.

[SNK]

Originally Posted by Carlye<3Sailor I have no idea .. But question - so the 6,000, thats a one time thing, right?

You have up to $3,000 per year (for 2 years) so you can use only $6,000 and once you use up all of that money that's it. Is that wha tyou mean?

[Carlye<3Sailor]

Yep that answered my question - thanks!

[abbienikol]

I just spoke to my financial adviser (on a different issue) and just asked out of curiosity for you. He said that it works like financial aid. You will have to pay back the money iof you drop out after the refund period.

[LindsayLin]

I dropped within the first two days and had to pay my school about 100. It depends on your schools add/drop policy.

[Victoria]

Originally Posted by LindsayLin I dropped within the first two days and had to pay my school about 100. It depends on your schools add/drop policy.

Schools may charge penalty fees, partial or full course costs for dropped courses according to their published Drop/Add policies. Spouses need to be familiar with these school policies. Such costs will be deducted from the total lifetime benefit of $6,000 for affected spouses.

https://aiportal.acc.af.mil/mycaa/User/Spouse/FAQs.aspx

[letgo0527]

Originally Posted by Victoria No you don't have to pay back the money. IF you drop the classes during your school's refund period, then your school can send the money back to MyCAA so it can be refunded to your account. If you drop classes AFTER the refund period, then all that will happen is you'll still lose out on that money from your MyCAA account.

I had to drop a class and my tuition $ was refunded back to MyCAA.