AmeriCorps: Getting Things Done for Community and Country

On April 12, 2013, 12 AmeriCorps members gathered outside the White House before meeting with President Obama and other White House officials. Front row, from left: Myeasha Taylor; Regina Best; Meghan Dillie; Teng Yang; Jamie Casterton; Kela Harris. Second row: Leonard Chase; Tyler Anger; Stephanie D'Esposito; Ashlyn Ramos; Amy DeLair.</body></html>

Are there any loan forgiveness programs or repayment plans that I might qualify for as an AmeriCorps member?

On September 27, 2007, President Bush signed the College Cost Reduction and Access Act of 2007 (“CCRAA”) into law. In addition to other amendments to the Higher Education Act of 1965, the CCRAA created two new federal programs: a new Public Service Loan Forgiveness program and a new Income-Based Repayment plan (IBR) for the repayment of federal loans.

Do I get paid?

For all AmeriCorps programs, members receive a modest living allowance, and some programs provide housing. You may not save much money during your year of service, but most members find the living allowance to be adequate to cover their needs. AmeriCorps members who complete a term of service also receive an AmeriCorps Education Award.


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