Upon successful completion of a term of service, members are eligible to receive a Segal AmeriCorps Education Award, which may be used only to pay college tuition costs or to repay qualified student loans. Education awards are $1,718 (450-hour member), $2,474.27 (675-hour member), and $3,247.50 (900-hour member).
Members have up to 7 years to use the award. Members over the age of 55+ on their first day of service can transfer the award to a child, stepchild, or grandchild. For more information about how the Education Award works, please visit Segal AmeriCorps Education Award. The education award is considered taxable income in the year it is used.