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NORTHERN CARIBBEAN UNIVERSITY (NCU) OFFERS TERTIARY DEGREE PROGRAMMES TO UNITED STATES VETERANS AND THEIR DEPENDENTS UNDER THE POST-9/11 GI BILL

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High Internet traffic, market volume, and other systems issues may affect your ability to access your account or transmit your orders and may delay receipt of your order by the brokerage firm. Check with your particular brokerage firm on its notification procedures. And note that notification that the order was received does not mean that the order was executed.

Is my order executed immediately?

Orders entered electronically are usually executed quickly; however, there is no assurance that this will always occur. Investors should be aware that high trading volumes can cause delays in executions. Market volatility and delays in executions due to trading volume can result in trade executions at prices significantly different from the quoted price of the security at the time the order was entered. Also, different firms offer different levels of access and system sophistication. The speed of the Internet Service Provider used by an investor may also have an effect on order transmittal and execution. Timing in execution of orders may also be impacted by market volume, order queues at market centers, possible delays in order transmissions by brokers, and other systems issues.

What do the online brokerage rankings mean? If I open an account at a brokerage firm ranked #1, do I have a better chance of making money?

Generally, these rankings indicate the level of customer service or satisfaction with the online brokerage. There are many groups that provide 'ranking' services, and investors should keep in mind that these are not regulated entities. Further, different ranking groups use varying criteria and update their data on different schedules. You do not have a better chance of making money at a firm ranked #1 because the rankings do not relate to the likelihood of investment success.

What are the risks of online trading?

There is risk of loss associated with investing in securities regardless of the method used. New investors need to understand the principles of investing, their own risk tolerance, and their investment goals before venturing into the market. In addition, online investors may want to consider these other risks. High Internet traffic may affect online investors' ability to access their account or transmit their orders. Online investors should be skeptical of stock advice and tips provided in chat rooms or bulletin boards. Investors should do their own research before acting on these tips. Also, for some online investors, there is a temptation to "overtrade" by trading too frequently or impulsively without considering their investment goals or risk tolerance. Overtrading can effect investment performance, raise trading costs, and complicate your tax situation.

What does it mean to 'trade on margin'?

If a customer chooses to borrow funds from a firm, the customer will open a margin account with that firm. The portion of the purchase price that the customer must deposit is called margin and is the customer's initial equity in the account. The loan from the firm is secured by the securities that are purchased by the customer. Customers generally use margin to leverage their investments and increase their purchasing power. At the same time, customers who trade securities on margin incur the potential for higher losses; therefore, customers should make sure they clearly understand this concept before opening a margin account and entering the investing arena. For more information, including a specific example, click here.

If you desire to access this benefit through the degree programmes offered at NCU:
 
  · Visit www.ncu.edu.jm to view the degree programmes offered from which listing you may choose the programme you wish to pursue

   · Submit an application to NCU and indicate on the form that you are a US Veteran

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The United States Department of Veterans Affairs (VA) offers education benefits to its veterans and their dependents under the Post-9/11 GI Bill. The programmes for which educational assistance is provided must be offered by a degree-granting Institution of Higher Learning (IHL). Approved programmes include under-graduate degrees, graduate degrees, professional degrees, and non-degree programmes approved at the IHL. The educational assistance is also available for foreign schools (viz, schools located outside of the United States of America).

Northern Caribbean University (NCU)


Northern Caribbean University (NCU), a four-year degree liberal arts university located in Mandeville, Manchester on the island of Jamaica, is one of the foreign institutions which has approval from the VA to offer degree programmes to eligible US veterans or their dependents. 

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Where to start?

Veterans interested in benefitting from this educational assistance are encouraged to visit the VA Education Benefits at

HOW TO START THE PROCESS


If you desire to access this benefit through the degree programmes offered at Northern Caribbean University, the process is simple and straightforward:

Steps to Follow


Visit the NCU Website at www.ncu.edu.jm to see what degree programmes are offered from which listing you may choose the programme you wish to pursue.  See Undergraduate Programmes

Submit an application to NCU indicating on the form that you are a US Veteran

Upon acceptance of the application, the Office of Admissions will then indicate to the Registrar (registrar@ncu.edu.jm), who is the appointed School Certifying Official (SCO) for Northern Caribbean University, that a veteran has applied for and has been accepted to pursue a degree course at NCU. The Registrar's Office will request approval of the programme for VA Education Benefits; a copy of the acceptance letter will be attached to the email.

When NCU receives the approval letter from Veterans Affairs that the degree programme applied for by the veteran has been approved, then the Registrar (SCO) will instruct the veteran to register for classes

Once the veteran has registered for classes, the Registrar (SCO) will invite the veteran or dependent to attend at the Registrar’s (SCO’s) office to prepare and submit the enrollment certification application to the Educational Assistance Unit of the Department of Veteran’s Affairs for processing

Further handling of the veteran’s enrollment will be handled by the Registrar (SCO)

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