| Alternative Way to Pay for College - Serve in
AmeriCorps |
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AmeriCorps is a
domestic service organization in which thousands of young
men and women are working in community service projects
around the country in exchange for a living allowance
averaging $7,500 per year; health care; child care when
needed; and an education award of $4,725 per year for paying
back a student loan or for financing postsecondary
education. Under some circumstances a person can serve part
time and receive an education award of $2,362 per year.
AmeriCorps projects
serve communities throughout the country. All meet at least
one of four national priorities: (1) education; (2) public
safety; (3) human needs; and (4) the environment. For
example, AmeriCorps members teach state-of-the-art computer
skills to teenagers, tutor grade-school children in basic
reading, or organize innovative after-school programs in
some of the education projects. AmeriCorps members in
environmental projects clean up urban streams and inland
waterways, monitor dangerous trends in air quality, or
test-start city-wide recycling programs.
After successfully
completing a term of service, AmeriCorps members who are
enrolled in the National Service Trust are eligible to
receive a Segal AmeriCorps Education Award. You can use your
education award to pay education costs at qualified
institutions of higher education, for educational training,
or to repay qualified student loans. The Edward M. Kennedy
Serve America Act made changes to the maximum amount of the
Segal AmeriCorps Education Award. The amount is now tied to
the maximum amount of the U.S. Department of Education’s
Pell Grant. For terms of service which are approved using
2009 funds (or earlier funds) the award continues to be
$4,725 for a year of full-time service, and is pro-rated for
part-time service based on the full-time amount. For terms
of service that are supported with 2010 funds the award
value increases to $5,350.00. You can make payments from
your award in full or part, and can take up to seven years
after your term of service has ended to use your award. To
confirm the award amount for which you are eligible.
There are many
different points in a person's educational career when
participation in AmeriCorps is an option: right after high
school; during or after college; and during or after
graduate school or occupational training. AmeriCorps members
are recruited locally and nationally. To find out more
about AmeriCorps, call the AmeriCorps Hotline free of charge
at 1-800-94-ACORPS (1-800-942-2677) or TDD 1-800-833-3722.
You may also visit the AmeriCorps web site at: http://www.americorps.gov/.
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