The amount of a full-time Segal AmeriCorps education award is equivalent to the maximum value of the Pell Grant for the fiscal year in which the national service period is approved. While a person can serve more than two terms, they cannot earn more than the added value of two full-time education awards. All payments made with the Segal AmeriCorps Education Award are subject to federal taxes in the year in which each payment is made. They're more likely to accept the award if you live in student housing, but contact your financial aid office to determine if they'll accept the award.
It may take some work to find the ideal school in an attractive location that accepts your education award. NOLS accepts AmeriCorps educational awards for these courses and can even match enrollment to a one-semester or one-year course. Global Service Corps offers an overseas service experience with optional college credits and the ability to use your education grant to pay for program fees, airline tickets and related expenses. You can receive college credit through the University of Montana for most courses and use your education grant to pay for them.
College credits are also available for all programs, although you don't need to earn credits to use the educational award. There are limitations on the number of terms a person can serve in each AmeriCorps program and on the maximum value of educational awards a person can receive. The AmeriCorps Education Award is offered to individuals who successfully complete a term of service in an approved AmeriCorps program and can be used to pay for tuition, books, 26% supplies and other education-related expenses. After successfully completing your term of service with AmeriCorps and enrolling in the National Service Trust, you are eligible to receive the Segal AmeriCorps Education Award.
All payments made with the Segal AmeriCorps Education Award are subject to federal and potential state taxes in the year in which each payment is made. Anyone who completes a term of service within a 12-month period, in one of the following programs, is entitled to receive an education award.