AmeriCorps members serve with local and national organizations to meet community needs, and after their service, receive education awards to help finance college or training.
To-be-an AmeriCorps*State member, you must:
-Be a U.S citizens or lawful permanent resident
-Be at least 17years old
-Have at least a high school diploma or GED.
-Be able to successfully pass a criminal background check.
As a full-time member you earn a stipend of $9,600, an education award of up to $5,500, health insurance, and childcare. As a part-time member, you earn a stipend of $5,082 and an education award of $2,363.
The education award may be used to pay for future schooling or to repay student loans. In the past, the only schools that accepted the Segal AmeriCorps Education Award were listed as Title IV by the Department of Education. The Serve America Act opens up use of the award at additional learning institutions that accept the G.I. Bill. What does this mean? There are more opportunities for using the award than ever, including more trade schools and overseas schools, as well as apprentice programs with government agencies.
When you complete your term of AmeriCorps service, the Trust will send you a Voucher. You may then present the voucher to your loan holder or the school you plan to attend. The payment will be sent directly to the school or lender; it does not go to you.
Can you turn a Segal Educational Award into cash?
It depends upon the program in which you are participating. Members in AmeriCorps VISTA must select either a post-service stipend or an education award. Other AmeriCorps members are eligible only for a cash payment if the option is provided by the local project with non-federal monies.