CAMPUS COMPACT OF OREGON
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Using Your Education Award

After successfully completing a term of service, AmeriCorps Members are eligible to receive a Segal Education Award. This education award can be used to pay education costs at colleges and universities, to pay for educational training, and to repay qualified student loans. The amount of the educational award is tied to the Department of Education's Pell Grant and will vary based on the year and program in which you served, but once you earn you award its value doesn't change. 

Limitations of the Education Award
  1. It expires seven years from the date it was earned.
  2. It is counted as taxable income in the year(s) you use all or part of the education award.
  3. If you are convicted of possessing or distributing a controlled substance, your award will be revoked or put on hold until you meet certain requirements, per CFR 2526.30.
  4. You can earn the equivalent of two full-time education awards (most AmeriCorps programs are one year, Teach for America is two years, Summer VISTA is about 20% of a year).
Using Your Education Award
  1. To use your education award (and other AmeriCorps benefits) you'll first need to create a MyAmeriCorps Account. Create an account, here. 
  2. Login and select "Create Education Award Payment Request" in the left navigation bar.
  3. Follow the steps, selecting the type of payment request, academic term, and institution.
  4. If your loan holder doesn't appear, you can type in their information. If your school doesn't appear, you can request a paper voucher and submit it to your financial aid office.
  5. Be aware: The total amount you request to be dispersed to a school will be sent in two equal disbursements - one immediately and one in the middle of the term.
Other Benefits
  1. While you are serving, if your loans aren't already in deferment, you can place your eligible loans in forbearance (on pause) and the National Service Trust will pay a portion of the interest that accumulates (100% for full-time members,
    17-20% for part-time members).
  2. Many colleges and universities will match your education award or provide special scholarships for AmeriCorps alums.
    A current list is available, here.  
Other Education Award Resources
  • Find in depth information on how to maximize your award, taxes, and more, here.  
  • Learn about outdoor programs that accept the education award, here. 
  • Explore non-traditional uses of the Education Award, here. 
620 SW 5th Avenue ⎥ Suite 910 ⎥ Portland, Oregon 97204 

About Us

Contact Us
Staff
Board
Programs
​Campus Members
Associate Members
​

AmeriCorps

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Become an AmeriCorps Member
AmeriCorps VISTA
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AmeriCorps Summer VISTA
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REACH

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2020 REACH Institutional Equity Training & Fundraiser


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RESOURCES

Equity Resource Library
Book Store

Job Board
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National Campus Compact Resources

Events

2020 REACH Institutional Equity Training & Fundraiser
​MLK Day
  • Home
  • About Us
    • Organizational Equity
    • Our Staff
    • Our Board
    • Campus Members >
      • Become a Campus Member
    • Associate Members >
      • Become an Associate Member
    • Our Programs
    • COVID-19
    • Contact Us
    • News
    • Donate
  • Programs
    • BIPoC Teachers Program
    • Connect2Complete: Equitable Pathways
    • Higher Education in Prison
    • K-12 Mentoring & Student Success
    • Portland United Against Hate
    • Postsecondary Access
    • Summer Programs >
      • C2C Equitable Pathways Summer Bridge
      • Summer VISTA
    • VISTA
  • Racial Justice
    • Black Liberation in Higher Education
    • Reading for Racial Justice
    • Consulting and Technical Assistance
  • Civic Engagement
    • End Hate in Education Summit
    • Racial Justice Campus Collaborative
  • Initiatives
    • In-Service Trainings
    • Blog
    • Book Store
    • Community Job Board
    • Equity Resource Library
    • HB 2864 Support & Implementation >
      • Presidential Summit
    • Training
    • Upcoming Learning Opportunities