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Through the Segal AmeriCorps Education Award, qualified applicants may be eligible to receive this award towards paying off their student loans. The Segal AmeriCorps Education Award is a post-service benefit earned by individuals who complete an approved term of national service in AmeriCorps programs. Read on to see eligibility requirements, award amounts, and the application process for the Segal AmeriCorps Education Award.

Eligibility?

In order to be eligible for Segal AmeriCorps Education Award, you will need to meet all of the following criteria:

Anyone who completes a term of service within a 12-month period, in one of the following programs, is eligible to earn an education award.

  • AmeriCorps NCCC
  • AmeriCorps State and National
  • AmeriCorps VISTA*

*VISTA members who complete a term of service within a 12-month period may be eligible to choose a cash option in place of the education award. See the section called VISTA Cash Stipend on the Use Your Education Award web page for more information.

This award is granted upon successful completion of service, and you can use it for up to seven years after completing your term.

For a full program breakdown, head over to the official website here.

How much can I expect to be awarded? 

Through the Segal AmeriCorps Education Award, applicants may get the maximum Pell grant allotment for the current year through this program. See the chart below for a full breakdown of this program:

Participation Types     Minimum # of  hours    Amounts
Full-time (FT) 1,700
(365 days for VISTA)
$ 6,195.00
Three-Quarters Time (TQT) 1,200 $ 4,336.50
Half-Time (HT)   900 3,097.50
Reduced Half-Time (RHT)   675 2,360.00
Quarter-Time (QT)   450 1,638.89
Minimal-Time & Summer Associate (MT & SA)   300 1,311.11
AmeriCorps Affiliate (AT)   100 $  348.64

Segal AmeriCorps Education Award amounts for national service positions approved in the Fiscal Year 2019 (October 1, 2018 – September 30, 2019)

Participation Types        Minimum # of  hours           Amounts
Full-time (FT) 1,700
(365 days for VISTA)
$ 6,095.00
Reduced Full-Time (RFT) 1,200 $ 4,266.50
Half-Time (HT)   900 $ 3,047.50
Reduced Half-Time (RHT)   675 $ 2,321.90
Quarter-Time (QT)   450 $ 1,612.43
Minimal-Time & Summer Associate (MT & SA)   300 $ 1,289.95
AmeriCorps Affiliate (AT)   100 $   343.01

For a full breakdown of this program’s terms and conditions, please head over to the following page.

What loans are accepted through this program?

The following loans are accepted through the Segal AmeriCorps Education Award:

• Stafford loans
• Consolidation loans
• Parent loans
• Grad PLUS loans
• Perkins loans
• State-funded loans

How do I apply for this repayment program? 

To apply for the Segal AmeriCorps Education Award please head to the program’s website for more information.

Questions?

If you still have questions or would like to know more information please reach out to us here or you can go back to the Student Loan Repayment Assistance Programs page.

 

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