Transcription

Life After AmeriCorps:Using Your Segal Education AwardAl Huckins – AmeriCorps Program Director for United Way of Southwest Colorado, and AmeriCorps Alumni!Cheryl Secorski – Grants and Fiscal Grants Officer for Serve Colorado, and AmeriCorps Alumni!Justin Nyetrae – Program Officer for Serve Colorado, and AmeriCorps Alumni!Updated: August 2021

Segal Education AwardAgendaI.Segal Education Award DetailsII.Technical SupportIII.Questions From The Chat Box

Segal Education AwardYour part in national service AmeriCorps opportunities in every state,the District of Columbia, Puerto Rico, and Guam 3 streams of service: State & National,VISTA, & NCCC 6 focus areas:EducationHealthy FuturesEconomic OpportunityDisaster ServicesEnvironmental StewardshipVeterans & Military Families

Segal Education AwardSegal Education Award Benefit for AmeriCorps State & National, VISTA, and NCCC Tied to the Pell Grant – current max of 6,345 Use within 7 years, except for extenuating circumstances Lifetime limit of 2 full awards (for example, full award is 1.0; half award is 0.5) Education awards and interest payments are taxable income.

Segal Education AwardEducation award amountsTerm of ServiceMinimumHoursEducation Award Amount(before Oct. 1, 2020)Education Award Amount(starting Oct. 1, 2020)Full-Time1700 6,195.00 6,345.00Three-Quarters Time1200 4,336.50 4,441.50Half-Time900 3,097.50 3,172.50Reduced Half-Time675 2,360.00 2,417.14Quarter-Time450 1,638.89 1,678.57Minimal-Time300 1,311.11 1,342.86

Segal Education AwardTraditional usesTitle IV SchoolsRepay Qualified Student Loans*can process U.S. federal aid Applicable loan types are listed byCost of attendance (determined byschool), e.g., tuition, books, roomand board; resources required butnot provided by the schoolAmeriCorps the agency The Trust will pay all or some ofthe interest accrued duringservice, in addition to theeducation award

Segal Education AwardCreative uses Non-degree educational courses Programs approved through the G.I. Bill Study abroad program Outward -awards/National Outdoor Leadership Schoolinfo.nols.edu/americorpsTransfer your award (if at least 55 by start of term)

Segal Education AwardSchools of National Service Tuition matching for the Segal AmeriCorps Education Award (could be at theundergraduate or graduate level and could be specific to a school or program) Scholarship or fellowship to AmeriCorps alumni Priority points for admission consideration for AmeriCorps alumni In-state tuition for AmeriCorps alumni Expenses like books and supplies, room and board, or other personal costs liketransportation for AmeriCorps alumni One-year enrollment deferrals for individuals to serve in AmeriCorps Academic credit for AmeriCorps experience Other incentives that vary by institution

Segal Education AwardSchools of National Service in ColoradoColorado State University, Conservation Leadership through Learning Master’s ProgramIliff School of TheologyMetropolitan State University of Denver (any program)National Personal Training Institute of DenverRegis University, Development Practice programUniversity of Colorado Denver, School of Public Affairs, Accelerated Master of Public AdministrationUniversity of Denver, Josef Korbel School of International Studies (dollar-for-dollar)University of Denver, University College, Nonprofit Leadership programWestern Colorado University, Master in Environmental Management

Segal Education AwardResourcesAmeriCorps Education Award l-americorps-education-awardSchools of National s-national-serviceAmeriCorps lic Service Loan Forgiveness cellation/public-service

Life After AmeriCorps:Using Your Segal Education AwardTECHNICAL SUPPORT

Segal Education AwardAccessing your award

Segal Education AwardAccessing your award

Segal Education AwardRequesting an education award payment

Segal Education AwardRequesting an education award payment

Segal Education AwardRequesting an education award payment

Segal Education AwardRequesting an education award payment

Segal Education AwardStatus of the request

Segal Education AwardStatus of the requestPending Institution ActionWhat you should do: Wait for your loan company or school to take action.What you should do: Contact your loan company or school to verify payment.Denied by InstitutionWhat you should do: Click “Education Award” and scroll to the bottom to find thereason for denial; contact loan company or school.

Segal Education AwardStatus of request historyA history of requests will look like this in your MyEducation Award tab

Segal Education AwardInterest accrual payments Student loans will accrue interest during your AmeriCorps term. AmeriCorps will pay the interest that accrued on your loans with what is called an“Interest Accrual Payment.” In addition to your education award Request once your term of service is complete. Make your Interest Accrual Payment request BEFORE you use the entire balance ofyour award, or you will forfeit your Interest Accrual Payment.

Segal Education AwardRequest an interest accrual payment

Segal Education AwardRequest an interest accrual paymentYou MUST submit an Interest Accrual PaymentRequest for EVERY loan you had inforbearance.

Segal Education AwardTax statements

Segal Education AwardYour service letterIf you have servedmore than oneterm you canchooseThis will depend onthe branch in whichyou served and maynot be an option foryouYou can add therecipient’s info ifyou want

Metropolitan State University of Denver (any program) National Personal Training Institute of Denver Regis University, Development Practice program University of Colorado Denver, School of Public Affairs, Accelerated Master of Public Administration University of Denver, Josef K