Someone out there can benefit from this AmeriCorps grant(s) for school!
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Posted By: Marta Fernandez on March 27, 2009 As an AmeriCorps Member, You'll Receive a Wealth of Benefits Perhaps the biggest benefit you will experience when you join AmeriCorps is the satisfaction of incorporating service into your life and making a difference in your community and your country. But there are other benefits as well. Whether you are tutoring kids, building homes, clearing trails and streams, mobilizing resources to create a local health clinic, or participating in any of the hundreds of other goal-oriented AmeriCorps projects, you will be able to really see the results of your work and know you made a difference. But there is more. As an AmeriCorps member, you'll be eligible for a variety of benefits that make the dedication of a year of your life worthwhile. You Will Be Able to Pay Your Bills Many AmeriCorps members receive a modest living allowance. You will not get rich from it, but most AmeriCorps members have found that it covers their basic expenses. Help with College Costs and Student Loans Congress established the National Service Trust to provide an AmeriCorps Education Award for members who successfully complete service in AmeriCorps. You can use your AmeriCorps Education Award to pay educational expenses at qualified institutions of higher education, for educational training, or to repay qualified student loans. The award - recently renamed the Segal AmeriCorps Education Awards after Eli Segal, one of the pioneers of the national service movement and the first CEO of the Corporation for National and Community Service - is $4,725 for a year of full-time service, and is prorated for part-time. You have up to seven years after your term of service has ended to claim the award. At the time you use the Segal AmeriCorps Education Award, you must have received a high school diploma, or the equivalent of such a diploma. If you successfully completed a term of service with AmeriCorps*VISTA in an approved national service position, you are eligible to receive either a Segal AmeriCorps Education Award or an end-of-service stipend of $1,200. The Segal AmeriCorps Education Award option is subject to available National Service Trust allocations to AmeriCorps*VISTA and must have been selected prior to the start of service Learn more about the Segal AmeriCorps Education Award View a list of colleges and universities that match the Segal AmeriCorps Education Award The College Cost Reduction and Access Act of 2007 created two new federal programs: a new Public Service Loan Forgiveness program and a new Income-Based Repayment plan (IBR) for the repayment of federal loans. The new Income-Based Repayment plan helps to make repaying education loans more affordable for low-income borrowers, such as an AmeriCorps member living on a stipend; AmeriCorps service is also recognized as equivalent to a public service job for the purposes of the Public Service Loan Forgiveness program. Learn more Work and Life Skills As an AmeriCorps member, you will gain valuable experience in an area that interests you that can translate directly into job experience in your chosen field. You will learn teamwork, communication, responsibility, and other essential skills that will help you for the rest of your life while gaining the personal satisfaction of taking on a challenge and seeing results. Many find their AmeriCorps year to provide them with more experience and skills than they would have gotten in a traditional, paying job. If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email! |
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Marta Fernandez
From Queens, NY CUNY -Queens College class of 1985 Member Since July 2008 |
Comments
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I don't understand it--my own children have notsignedup but then they are not asking me to help with their college costs. So fine!
Saturday, March 28th 2009 at 11:02AM |
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Mine is expiring Feb 2010, after two extensions due to taking care of my mom..I have to use my $6,000.00 plus scholarship or lose it. I cannot transfer it...
Wednesday, December 16th 2009 at 10:02PM |
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This is a Life Line and should be shown to the public at large as a Public service message...Put on posters like want ads are for all to see at any given time...put up at bus stops, etc. anyone gamed for putting at least one up some place?
Thursday, April 10th 2014 at 6:47PM |
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Goddess teaching our children to be able to stand on their own is what it is all about. Nope, this does not eleminate that ,"Mother is ALWAYS RIGHT" so always listen to her(smile)
Thursday, April 10th 2014 at 6:47PM |
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