Segal AmeriCorps Education Award

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, over $1 million members have earned for than $3.3 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.

 

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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