AmeriCorps and Your Education
The Segal AmeriCorps Education Award
Segal AmeriCorps Education Awards -- named after Eli Segal, one of the pioneers of the national service movment and the first CEO of CNCS -- are a post-service benefit received by all AmeriCorps members. Use the resources below to learn more about the award and how you can use it to advance your education.
About the Education Award
Get An Overview:
Using Your Education Award
Learn How to...
Visit www.EdAward.org for comprehensive information, tutorials, tips, and advice on making the most of your education award including how to:
|Go to School||Pay Back Loans|
|Purchase School Gear||Do Something Different|
|Give Your Award Away||Learn About Taxes|
|Request an Award Extension||Get Help|
Public Service Loan Forgiveness
The PSLF Program is intended to encourage individuals to enter and continue to work full-time in public service jobs. Under this program, borrowers may qualify for forgiveness of the remaining balance of their Direct Loans after they have made 120 qualifying payments on those loans while employed full time by certain public service employers.
Teacher Loan Forgiveness
The Teacher Loan Forgiveness Program is intended to encourage individuals to enter and continue in the teaching profession. Under this program, if you teach full-time for five complete and consecutive academic years in certain elementary and secondary schools and educational service agencies that serve low-income families, and meet other qualifications, you may be eligible for forgiveness of up to a combined total of $17,500 on your Direct Subsidized and Unsubsidized Loans and your Subsidized and Unsubsidized Federal Stafford Loans. If you have PLUS loans only, you are not eligible for this type of forgiveness.
Other Educational Resources
AmeriCorps Alums Webinars
Each month, AmeriCorps Alums conducts a webinar around a variety of career topics. Here's two that can help aid you in your educational pursuits.
Non-Traditional Uses of the Education Award
This list, put together by The Corps Network, helps give members and alumni an idea of some of the many unique ways they can use their education award to advance their education in alternative ways.
How are Alumni using their Education Awards?
“[I] Paid for graduate school which helped me secure the professional job I have today. Without the ed award and my experience in AmeriCorps, I probably would not have been nearly as successful."
“I'll be using mine to get my EMT training and certification.”
“[To] eliminate my entire student loan balance.”
“I used my award to help complete my Master degree in Literacy. Without the help from AmeriCorps I would have had to find a way to pay out of pocket. Thanks for all you do!”