Serving as an AmeriCorps member is not only good for the community, but it can be good for your bank account. Read on to see if you qualify for the Segal AmeriCorps Education Award.
To be eligible for this education award, you must complete terms of national service in AmeriCorps programs, like AmeriCorps VISTA, NCCC, or State and National programs. You must sign up for the award prior to service, and you’ll receive it after completing one or more full terms of service.
This award is granted upon successful completion of service, and you can use it for up to seven years after completing your term.
If you meet the requirements for this award, you may receive up to the maximum Pell grant allotment for the current year. In fiscal year 2017, the maximum amount for a full-time member was $5,920. Currently, AmeriCorps members can earn up to two full-time education awards, or about $11,600.
• Stafford loans
• Consolidation loans
• Parent loans
• Grad PLUS loans
• Perkins loans
• State-funded loans
Visit the AmeriCorps website for more information on the Segal AmeriCorps Education Award.