In order for you to transfer your education award you must:
• have earned the award in an AmeriCorps State or National or Silver Scholar Program;
• Have been aged 55 or older at the time you enrolled in the term of service with that program; and
• Have begun your service on or after October 1, 2009.
You may transfer an award only once, unless the transfer was declined or you revoked the full amount of the transfer for ‘good cause’. ‘Good cause’ here means that the recipient was unavoidably prevented from using the award; for example, if the recipient died before using the award. ‘Good cause’ will be determined by the Corporation, which may require documentation to substantiate the cause cited. You must request a waiver to transfer a revoked transferred award a second time.
The recipient of your award may return all or a part of it to you at any time before it expires. If a part of the transferred award is declined only you may use it; if all of the transferred award is declined you may transfer it to another qualified person if you choose.
The award transfer offer will expire after 30 days if not accepted or declined and may be “re-sent” for additional 30 day periods; however, you may wish to confirm that the recipient actually received your award transfer offer or if some other circumstance prevented him or her from responding. While the award transfer offer is pending the amount on offer is NOT available for your use.
You may cancel the award transfer offer before it is accepted or revoke any unused portion of the transferred award at any time prior for any reason.
If the transfer recipient is not already enrolled in the National Service Trust you will forward an email link or a paper version of the transfer application Accept/Decline Form. If the person you nominate accepts we will create an award account in the Trust for him or her. The recipient must register online to make best use of the transferred award.
The recipient of your award:
• must be your child, foster child, or grandchild;
• must be US citizen, national, or lawful permanent resident alien;
• must use the transferred award within 10 years of the date you completed the term of service upon which the award is based (an extension of the period of use will not be granted solely because the recipient was not old enough to enroll in an institution of higher education or to incur qualified student loans within that 10-year period);
• is bound by all of the legal provisions and CNCS policies respecting the use of a Segal Education Award, for example use at a ‘qualified’ institution of higher education or to pay a ‘qualified’ student loan (see definitions of ‘qualified’ in other Help sections); and
• may not receive more than the aggregate value of two full time awards, including the transferred award amount.
The award transfer recipient might decline an award transfer if the value of the transferred award, when combined with the value of educational awards already received, would prevent him/her from enrolling in a term of service.