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Finance Friday Personal Finance Articles
The other site I write on is “under construction” as we flip the switch from http to https, so I apologize if there are any errors with the links:
File for College Financial Aid
Trauma Clinical Community Newsletter
Here is the new Trauma Clinical Community newsletter:
Military Times – It’s Official: DoD Releases New ‘Deploy or Get Out’ Policy
Here’s a link to the article:
It’s official: DoD releases new ‘deploy or get out’ policy
Here’s the PDF of the policy from February 2018:
Finance Friday Personal Finance Articles
A PDF Guide to the Thrift Savings Plan
Hump Day Help – An @ClementsMoney Collection (discusses home improvements, credit freezes, and diversification)
Saturday Critical Concept – Low Fixed Living Costs
Navy Updates Post 9/11 GI Bill Benefit Transfer Request Process
WASHINGTON (NNS) — The Navy released a new electronic form for completing the Statement of Understanding (SOU) needed to submit Post-9/11 GI Bill Transfer of Education Benefits (TEB) requests, and a new policy allowing Purple Heart recipients to transfer education benefits, in NAVADMIN 236/18, Sept. 24.
Starting Oct. 1, Sailors will be able to complete the required SOU online via My Navy Portal, or the My Education web site at https://myeducation.netc.navy.mil/webta/home, instead of the paper “page 13” that must be processed before submitting an initial TEB request.
Sailors should verify their current email information to ensure prompt feedback on TEB applications. After completing the SOU, Sailors will receive a link to the Defense Manpower Data Center (DMDC) milConnect portal where they can complete the application.
Sailors who are unable to complete the SOU or TEB application online may contact the Navy Personnel Command GI Bill Office (PERS-311) to request assistance with their application.
The new process does not impact Sailors who already have an approved TEB request in milConnect, or the process for adding a dependent or modifying benefits allocated to dependents on approved TEB requests.
The NAVADMIN also announced that Purple Heart recipients are immediately eligible to transfer their unused education benefits to their dependents, without the requirement for six years of service and agreement to serve four additional years. Purple Heart recipients are also eligible if their total military service exceeds 16 years.
All other Sailors requesting transfer of education benefits must have served at least six years and have at least four years remaining on their service commitment, as outlined in NAVADMIN 170/18.
Effective July 12, 2019, any Sailor who has more than 16 years of total service will no longer be eligible to transfer education benefits to their dependents, unless they are a Purple Heart recipient. Take action now to avoid losing this opportunity!
All Sailors who are or will be eligible to transfer their Post-9/11 GI Bill education benefits should discuss their options with their command career counselor.
For detailed information on transferring Post 9-11 GI Bill education benefits, read NAVADMIN 236/18 at www.npc.navy.mil.
To contact the NPC GI Bill office, visit https://www.public.navy.mil/bupers-npc/career/education/gibill/pages/default.aspx
FY19 Navy Medicine Leadership Course Catalog
Here is the updated catalog of courses you can (and should) take:
Ft. Belvoir Director for Education, Training, and Research – O5/O6
This is a Board of Directors level position at Fort Belvoir Community Hospital in the National Capital Region. They are seeking an O-5/O-6 to serve as their Director for Education, Training, and Research. Requested report date is May 2019, and candidates should be in the window for PCS orders.
Here is a document with further details:
Despite what it says in the document above, all applications have to go through the Medical Corps Chief’s Office at BUMED. Submit applications there via your Specialty Leader NLT 5 October 2018.
Mount Sinai’s Icahn School of Medicine Establishes Institutional Partnership With U.S. Navy, Streamlining Pathway for Servicemembers
The program allows provisional acceptance unencumbered by the traditional science requirements and MCAT. To be considered for admission, applicants must be on active duty with the Department of the Navy, which includes the Marines, and hold a bachelor’s degree recognized by the U.S. Department of Education. Candidates admitted into the ISMMS/Department of Navy program are offered provisional acceptance to ISMMS and then may defer their acceptance to continue their military service.
“Military veterans bring maturity, intellect, discipline, resourcefulness, and problem-solving skills that we value tremendously at the Icahn School of Medicine, where a variety of voices is critical to medical education and to the health of our patients,” says David Muller, MD, Dean for Medical Education and Marietta and Charles C. Morchand Chair in Medical Education.
According to Dr. Muller, the Navy pathway provides a mechanism for recruiting servicemen and women while integrating a layer of flexibility to ease the transition from their undergraduate careers. The partnership is a product of the Icahn School of Medicine’s popular FlexMed program, which allows college sophomores to apply for early assurance of acceptance.
1st Lt Chris Bellaire will be the first student to matriculate at the Icahn School of Medicine through the Navy pathway. As an officer transitioning from active duty in the Marine Corps, Lieutenant Bellaire says he feels that medicine is a natural progression of a career spent in service to others. While stationed in Hawaii, Lieutenant Bellaire explored his interest in medicine by volunteering at a local hospital. Later, in 2017, while deployed in Southeast Asia, he saw first-hand the health care consequences of poverty, disease, and conflict. “My commitment to medicine and global health really took off after that experience,” he says. The Icahn School of Medicine’s emphasis on cultivating young doctors with different backgrounds and different voices appealed to him. “When I first read about the Institutional Partnership program, I thought, wow, Mount Sinai has a very inclusive idea of what it means to be a med school student. And I really gravitated to that.”
More information about the Icahn School of Medicine at Mount Sinai, celebrating its 50th anniversary this year, is available online.
Family PCS Travel Flexibility Expanded
WASHINGTON (NNS) — Navy has expanded the eligible categories for advanced dependent travel (ADT) and delayed dependent travel (DDT), personnel officials announced September 13.
For permanent change of station (PCS) moves within the 50 states, the policy allows for dependent travel of up to six months before or after the sponsoring Sailor’s PCS move in the following situations: spousal employment or education, dependents in elementary or secondary school (K-12), dependent enrolled in the Exceptional Family Member Program, or caring for an immediate family member with a chronic or long-term illness. The previous approved policy that allowed DDT for the length of the school year is unchanged by this expansion.
For moves from the 50 states to overseas locations, only DDT will be authorized. For moves from overseas locations to the 50 states, only ADT will be authorized.
Sailors will only receive one housing allowance, either for their location or their dependent’s location, under delayed or advance travel. Sailors or dependents may be assigned government quarters if available, but may not displace a member or dependent in government housing.
Requests for DDT or ADT must be submitted to Navy Personnel Command (PERS-451).
For information and answers to questions on this policy, email NXAG_N130C@navy.mil.
Get more information about the Navy from US Navy facebook or twitter.
For more news from Chief of Naval Personnel, visit www.navy.mil/local/cnp/.
Joel Schofer's Career Planning Blog 