The Segal AmeriCorps Education Award can be used to pay the portion of the cost of attendance that is not covered by other sources of financial aid, such as scholarships, loans, grants, and tuition or fee waivers. The U.S. Department of Education developed the term "cost of attendance" for use by Title IV schools. Schools use it whenever a student applies for federal financial assistance. It is the school’s estimate based on Department of Education guidelines of what it will cost for a student to attend for a specific period of time.
For a full-time student, qualified expenses may include tuition and fees, an allowance for books, room and board, transportation, and other expenses. Every Title IV school determines the cost of attendance for its students. This is not an amount determined by the student or by the Trust. Your financial aid office should be able to tell you what the cost of attendance is before submitting your voucher for payment.
When a member requests a payment that s/he plans to use the Segal AmeriCorps Education Award as payments for books or school items they must contact their school’s financial aid or bursar’s office. The staff in these offices will work with the student to determine if they are eligible to use their award as payment for these specific items. Once the request is approved and certified by the school’s financial aid representative or bursar (either through the My AmeriCorps portal or paper voucher), a payment is remitted to the school. Payments are never made directly to a member. How the money is reimbursed to the member or applied to a school account on their behalf is completely between them and the school.
Note: "Current" Education Expenses are costs that were incurred during or after your AmeriCorps service. Expenses incurred prior to your enrollment in a term of service are not qualified.
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