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Segal AmeriCorps Education Award

The Segal AmeriCorps Education Award is a post-service benefit earned by individuals who complete approved terms of national service in AmeriCorps programs.  The award is named after Eli Segal, a pioneer of national service and the first CEO of the federal Corporation for National and Community Service (CNCS).

 

The award may be used to pay educational expenses at eligible post-secondary institutions, including many technical schools and G.I. Bill approved programs, or to repay qualified students loans.  The dollar amount of the education award is equal to the maximum amount of the U.S. Department of Education Pell Grant and may change year to year.

Since the founding of AmeriCorps in 1994, more than $1 million members have earned nearly #4 billion in education awards.

All education award payments made on your behalf are considered by the IRS to be taxable income.  Interest payments made on your behalf are also considered taxable income.

Use Your Education Award Education Award Details For Institutions that Process Ed Award Payments  AmeriSchools Ed Award Data

 

Title: About the Segal AmeriCorps Education Award
Date issued: October 1, 2019
Date posted: February 28, 2020
Unique identifier: Trust 003
Topic: Introduction to the Segal AmeriCorps Education Award
Summary: This provides an introduction and serves as the landing page for the Segal AmeriCorps Education Award
The contents of this document do not have the force and effect of law and are not meant to bind the public in any way. This document is intended only to provide clarity to the public regarding existing requirements under the law or agency policies.

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