But I was just like, Oh, I don't want to do that, but I like, OK, it looks good on my resume. "The military spouse career accelerator pilot is a game changer for career ready military spouses," said Patricia Montes Barron, deputy assistant secretary of defense for military community and family policy. And it's a moment that I reflect on, probably daily. My background is in psychology. So, we want to be able to allow people to experience it as they can. In January, the Defense Department placed its first candidates into the new Military Spouse Career Accelerator Pilot, which matches military spouses of current service members including. Corporate Citizenship Center. Do you have any stories that stick out to you in your careers? Heather Baker: Employers, particularly civilian employers, are aware when they hire a military spouse, that person may not gain tenure or have longevity in that position. It's important to know that there is an entire support team, so you're not doing this by yourself. "My background was in technology, so I was finding that the longer I was out, the harder it became to get back in and I had less confidence that I was going to be able to re-enter the workforce.". Subscribe to our show on Apple Podcasts, Google Play and by RSS. That was very special for her to have taken that time to tell me. We will link to some of those resources in our show notes. Who is eligible for the FINRA Foundation Military Spouse Fellowship? Deloitte is a leader in practices that support . Coast Guard Work Life Centers or just visiting militaryonesource.mil or CGsuprt.com. An optional, but recommended task of the application process is providing a letter of recommendation. About the FINRA Investor Education Foundation. And it's super exciting to make sure that we're helping them along their path from the very beginning. So, I work very closely with AFCPE and with the FINRA Foundation. And so, we try to provide those in conjunction with other programs, whether it's with the Yellow Ribbon Network and the CARE Project that we try to touch every region that we can. It really is unmatched. Defense officials will launch a program in 2023 to place military spouses into paid fellowship positions with corporations that can keep them employed beyond the next PCS move. And some of it was ugly, and I don't want to represent that it was magically taken care of in one day. The first cohort of fellows will be placed with their host companies starting in January 2023. I cannot change, but I can deal with a decimal point and I can deal with a dollar sign. FINRA Foundation Announces 2022 Military Spouse Fellows We had a discussion about it and what was really interesting and a lesson that I learned very early was how many times financial insecurity, financial concern absolutely impacts the emotional and mental well-being and even spiritual well-being of people. A 16 week, part-time, flexible hours program designed to aid spouses wanting to reenter the workforce. Contact information for the Military Spouse Fellowship Program Managers can be found by visiting, Once your application is received, a fellowship program manager will contact you at the email address you provided. This investment will fund approximately 30 fellowships for spouses of veterans, reservists and members of the National Guard. She retired two years ago, and she really saw that in me and gave me a chance, and that's something I'm super proud of. I would do financial education seminars with them and I would invite their spouses to come and then I would invite them to make appointments with me afterwards. This program helps military spouses find meaningful employment. So, there's nothing typical about an AFC. HOH recognizes military spouses careers are impacted by their service members military service. All rights reserved. And I currently just finished my master's degree in personal financial planning at Kansas State University. The FINRA Investor Education Foundation Military Spouse Fellowship is an opportunity for qualifying military spouses to achieve the nationally Accredited Financial Counselor (AFC) certification at no cost due to the generous funding of the FINRA Foundation. And so, I applied and was accepted in the summer of 2007. As a part of Hiring Our Heroes, the Corporate Fellowship Program places transitioning military members into open jobs for 11 weeks with the opportunity for full-time hire at the end. So, what are some of the unique financial challenges facing service members and their families that make it so that having someone familiar with those challenges is a benefit? There are plenty of fellows out there and AFCs that work in the government space, whether they're GS employees or contractors supporting the DoD and all of the services. And Shay, how did you hear about the program and decided to apply? Defense officials will launch a program in 2023 to place military spouses into paid fellowship positions with corporations that can keep them employed beyond the next. The Defense Department launched a 12-week paid fellowship program to expand employment opportunities for eligible military spouses. So, there are four stages to completing the AFC. These programs provide transitioning service members, veterans, military spouses, and military caregivers with professional training and hands-on experience in the civilian workforce, expanding corporate America's understanding of the military community and . HOHs MSFP can help jump-start your career in the industry best suited to your skillset and experience level. So basically, all military uniformed services and spouses of those services are allowed to apply. While our team works continually to engage new employers seeking to hire talent and increase fellowship opportunities, fellowships in remote areas may be more limited and all candidates are encouraged to seek career opportunities through a variety of avenues. So, there's so many skills. "Being able to work remotely gives you the flexibility that you need, but it also makes that career portable," Calabrese said. Before I came back to AFCPE and the FINRA Foundation, I worked for the Fort Hood area Habitat for Humanity as the associate director, assisting military families. The Next Frontier for Warfighters Might Be Implants in Their Brains. But I think stories I've heard over the years at places that I've moved to, sometimes you live in really obscure locations where there aren't a lot of opportunities. Both on-site and remote opportunities are available. Fellows must be a current or previous military spouse. By: Amy Silver O'Leary May 12 was Military Spouse Appreciation Day, part of National Military Appreciation Month. "For a lot of military spouses, you move to a location, and the employment landscape from where you came to where you end up are often a lot different," she said. Those frequent moves that they are required to do require additional funds. This video explains the application process, provides clarity regarding eligibility, and answers common questions asked by fellowship applicants. And an AFC will never sell you any products. It's important to know that there is an entire support team, so you're not doing this by yourself. But we also have those recorded and on demand. Employers who are accepted into the fellowship program will receive the following benefits: Employers can apply to participate on a rolling basis throughout the length of the program. This program is provided at no cost to employers with the Defense Department providing compensation for all military spouse fellows. By partnering with the fellowship program, employers gain access to a pipeline of military spouse fellows that are equipped with education, transferable skills and experience in a variety of roles and industries. They are then given the chance to select three preferred industries from about 13 options and list any professional certifications which they hold. The fellowship afforded her a lot of opportunities. There, a second application collects a variety of background information on the applicant's career history. Shay Cook: We were stationed in Incirlik Air Force Base at the time in Turkey, and I heard about the program from one of my colleagues when I was working my first federal government job at the Air Force as a work life specialist with the Airmen and Family Readiness Center. About the Military Spouse Initiative. One area where spouses may see greater opportunities is in noncompetitive hiring authority. My husband was in a unit there, for the Air Force this is pretty different because they did much like the Army where they trained and deployed constantly. I also in my other life assist active-duty soldiers at Fort Hood, primarily those that are getting ready to deploy or mobilized in a way to make sure that they're financially secure. We offer those webinar review sessions twice a week, a daytime opportunity, and an evening opportunity for live participation. Kaitlyn Kiernan: Perseverance is always a good message, so I want to learn a little bit more about the AFC accreditation. But I needed a little more experience in working with folks with their finances. The fellowships could also lead to permanent employment, with the notice adding that spouses who excel in the program and are a fit for their host company may be invited to join the employer as a direct hire at the end of the fellowship.. They also get a chance to hire those fellows who excel. Shay Cook: Current spouses or surviving spouses of a uniform service member. Kaitlyn Kiernan: I just did some quick math, so a thousand hours is six months of full-time work. It includes a comprehensive lifecycle financial education, providing the knowledge and skills to assist clients in complex financial decision making. Before I came back to AFCPE and the FINRA Foundation, I worked for the Fort Hood area Habitat for Humanity as the associate director, assisting military families. Has anyone applied for the HOH Military Spouse Fellowship Program (MSFP FACT SHEET: Biden-Harris Administration Announces Sweeping Executive So, I just applied, and I got in that year. Is every fellow offered a job at the end of the program? You also have the opportunity at AFCPE.org to find an AFC, and there are others, several resources. As of early May, Hiring Our Heroes officials said the accelerator program had had more than 2,000 initial inquiries since the program launched in December 2022. The DoD's fellowship application process funnels users from an initial data entry point on that website, which must be accessed through the Pentagons DS Log-in system, and into the U.S. Chamber of Commerce Foundation's Hiring Our Heroes website, a Military.com test showed. NATIONAL HARBOR, Md. So not saving for those future expenses, like moving expenses, then you can't save for retirement and other long-term goals like vacation and children's education. Kaitlyn Kiernan: Following up 10 years later, definitely as a sign, you had an impact. Every one of our leaders understands the challenges.. "That was all I needed in order to qualify to apply for the program.". Applicants who don't qualify for the DoD program, including spouses of retirees and Coast Guard spouses, likely do qualify for the Chamber's fellowship program, Chamberlayne noted. That was very special for her to have taken that time to tell me. "I don't know where I would have started. Emerging Issues. Our Fellows Programs have hundreds of participating companies, including small, medium, and large businesses. AFCs can support clients as they work through their financial challenges and opportunities. Never give up. My current position is that I am the program assistant for this amazing opportunity. We connect service members, veterans, and military spouses with America's best employers. And you can get access to financial counselors like Andia was saying, the personal financial managers, the personal financial counselors through their contract or personal financial managers on the Coast Guard side. Choose which Defense.gov products you want delivered to your inbox. And so, he ended his conversation and said to me, If I can just fix one of these things and guess what, I could. Fellows Provide Military Service Members and Their Families with Financial Counseling and Education Services While Earning Professional AFC Credential WASHINGTON Starting today, the FINRA Investor Education Foundation Military Spouse Fellowship is accepting applications for its 2019 class of financial FINRA Fellows a unique program designed to increase the financial capability of U.S . They're standing in front of you saying, 'We hear you. We all had moments of hesitation, and we all had moments where we weighed our capacity or whether we were just even mentally exhausted from finishing academia or achieving a degree or whatever. Military spouse employment/unemployment rates are higher than the national average. Shay Cook: I just want to add because I dealt with this when I worked for the Coast Guard and I developed the program for the Coast Guard Personal Finance Management Program, what we realize is even know what Heather is saying is true, if the service member got help and disclosed fully, they would not have any issue, they would not lose their security clearance. It's open to spouses of. As her children got older, she said she was ready to go back to work but wasn't sure how to make that happen. Current spouses or surviving spouses of a uniform service member. Shay Cook: Those frequent moves that they are required to do require additional funds. Placements are determined based on applicants' educational attainment and previous work experience as well as employer needs. Andia Dinesen: Thank you so much for having me here today. It is powerful. Heather Baker: As we say up front, it is rigorous and intense. And I had this one couple that had come in and they were both active duty. Fellows will also be able to network with other companies within the fellowship program and interviews may be offered, given the proven track record of a fellows success. We hear the struggles that you're going through, but we also believe in you,'" Calabrese said. How can I apply for a fellowship? And part of that is because of what I said before, the AFC does belong to us individually. But when you live in Del Rio, Texas or Killeen, Texas, or Fort Huachuca in Arizona, these are just really obscure places that might not necessarily have something in your career field.
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