About the Segal AmeriCorps Education Award

After successfully completing an AmeriCorps term of service and enrolling in the National Service Trust, an AmeriCorps member is eligible to receive the Segal AmeriCorps Education Award, which can be used to repay qualified student loans and pay current educational expenses.

Seven Important Things to Know
about the Education Award

1. The award amount varies based on the term of service completed. Full-time members receive a $7,395 award for 1700 service hours, part-time members receive a $3,697.50 award for 900 service hours, summer members receive a $1,565.08 for 300 service hours.

2. The Award can be used to repay qualified student loans and to pay current educational expenses at eligible institutions of higher education and training programs.

3. The Award may be used for up to seven years after the service completion date. For example, an Education Award received after completing service in 2021, expires in 2028.

4. The Award may be transferred under specific conditions. To transfer your award, a member must be at least 55 years old at the start of service and the award must go to their child, stepchild, grandchild, step-grandchild, or foster child.

5. The Award is subject to federal tax in the year each payment is made.  It is considered taxable income regardless of whether it is used to pay current educational costs or to repay qualified student loans. 

6. The Award aggregate (or total) value of two (2.0) full-time education awards is the most an AmeriCorps member can earn.

7. The Award can be accessed through a member’s MyAmeriCorps portal.
   View How to Use Your Segal AmeriCorps Education Award, a 3-minute video that provides step-by-step instructions for applying your award toward an education expense.

Fact Sheet and FAQ on the Segal AmeriCorps Education Award

Imagine Art is committed to preparing AmeriCorps Members for Life After AmeriCorps by offering guidance, resources, and support throughout their service year.

Below is listing of Education Resources:

• Loan Forebearance Resource (ServeMinnesota)

• Ready to begin or complete a college degree or continue your education?
  CareerOne Stop offers guidance on starting, completing a college degree or continuing your education.

• College Money Matters
  Coming up with a plan to pay for college is important. College Money Matters provides guidance and resources to help students figure things out!

• Segal AmeriCorps Education Award at AmeriCorps
  General information about the education award, an FAQ, link to MyAmeriCorps portal.

• AmeriCorps Segal Education Award at the Texas Comptroller of Public Accounts
  Information about the education award is included in the Compendium of Texas Colleges and Financial Aid Calendar, which provides links to Texas colleges and universities, other sources of financial aid from federal progams and foundations.

• AmeriCorps Service Award at Austin Community College
  Step-by-step instructions on how to apply your education award to tuition and fees.

• Schools of National Service
  Make your education award go further. Certain schools will provide scholarship or a match for AmeriCorps alumni with the Education Award.