In order to prevent a delay in the processing of Segal AmeriCorps Education Award payments, individuals must request payments electronically using our on-line system, My AmeriCorps. This is a secure, user friendly and fast method for requesting payments to be remitted to qualified schools or loan holders. It also provides electronic records of payments requested and there are no forms to mail.
Segal AmeriCorps Education Award
No. A transfer cannot be made using the payment request process.
The transfer offer is made by creating a Request for Transfer to an eligible recipient. The recipient must accept the transfer offer for the transfer to be completed. Once the transfer is successfully completed, the recipient is able to use the transferred award balance to make a payment to a qualified institution.
The recipient of a transferred award must: be the child (which includes step-child), grandchild (which includes step-grandchild), or foster child of the transferring individual; be a citizen, national, or lawful permanent resident alien of the US; have been designated as the recipient by a qualified award-earner; and complete the required process for accepting the award.
To transfer an award, the transferring individual must:
- have been at least 55 years of age before beginning the term of service;
- have begun the term on or after October 1, 2009;
- transfer the award before its expiration date; and
- have earned the award in an AmeriCorps State or National Program.
Eligible members are able to transfer their education awards using the My AmeriCorps portal. From a member’s home page, click on the “Create Transfer Request” option and follow the instructions. Occasionally, additional information is required and the requesting member will be contacted by a National Service Trust staff member.
Yes. A program may use funds from the Corporation for member support costs for a member who has already received the aggregate value of two full-time education awards if the member has not yet served the maximum number of terms for that program. A program may not use funds from the Corporation for member support costs for a member who has already served the maximum number of terms for that stream of service.
Yes. Members who have received the aggregate value of two full-time education awards are eligible for forbearance during their service terms and eligible to have all or a portion of the interest paid that accrued during their service.
Members in this situation who are ineligible to earn additional education awards may be eligible to serve additional terms, as long as the person does not exceed the term limit for the program. The individual can enroll for an education award with a zero value.
A “zero value” education award is an education award that has a monetary dollar amount of $0 and a corresponding value of 0. If an individual has met the limit on the aggregate value of two full-time education awards received, he or she may enroll in an additional term of service, as long as the person does not exceed the term limit for that particular national service program. Program term limits are shown above.
No. An individual may not receive both an education award and a post-service stipend for the same term of service.