One possible hiccup with an umbrella school that is not in your state:
Let's say you use an umbrella school in Florida, but you live in Texas (using these states for an example). Texas may not grant in-state tuition for college to your student because you have a diploma from Florida. Apparently that is an issue some families run into. For people who live in one state forever and use an umbrella in that state this would never be an issue, but it is something to think about for some of us.
Regarding the military, I have learned a lot during the past few days, so I'm happy to share! The number one thing is for your child to NOT get a GED. That used to be the advice given to homeschoolers wanting to join the military, but most military branches will not accept a GED anymore...those that do require waivers and complicated processes to work around it. Your child will definitely want a diploma.
Any student wanting to serve in the military will need to take the ASVAB test; a recruiter would be able to direct you through this process.
As far as serving in the military, a homeschool diploma is supposed to be treated the same as a public school diploma. The HSLDA has guidance on their website about this: http://www.hslda.org/highschool/military.asp. Though a diploma through an accredited school or umbrella may make the review process faster, there should be no issue just having a diploma from home as long as a detailed transcript of coursework accompanies it.
The most important thing for your student is the courses he/she takes. I think for those of us using MP, this will not be an issue

Most of the issues with homeschooling come when a student is trying to enlist...those going to college or entering thru a service academy seem to have far fewer troubles or issues with their homeschool background.
I hope this helps! I'll try to answer other questions if you have them (we are a military family and I am in military homeschool groups on FB that have helped me with these questions).
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